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Month: May 2020

Bulletin from BTS Group AB’s Annual General Meeting

Stockholm, May 14th, 2020The Annual General Meeting agreed that no dividend shall be paid.The Annual General Meeting granted the Members of the Board of Directors and the President discharge from liability for the financial year 2019. For the period until the end of the next Annual General Meeting Mariana Burenstam Linder, Henrik Ekelund, Stefan Gardefjord, Dag Sehlin and Anna Söderblom were re-elected as board members. Reinhold Geijer was re-elected as board member and Chairman of the Board. Öhrlings PricewaterhouseCoopers AB was re-elected as auditor for the period until the end of the next Annual General Meeting.The Annual General Meeting approved the remuneration of board members who do not receive salary by the Group, to an unchanged total of SEK 1,370,000, of which SEK 450,000 to the Chairman and SEK 200,000 to each board member....

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Kommuniké från BTS Group AB:s årsstämma

Stockholm den 14 maj 2020Årsstämman fastställde förslaget att ingen utdelning ska lämnas.Årsstämman beviljade styrelseledamöterna och verkställande direktören ansvarsfrihet för verksamhetsåret 2019. För tiden intill slutet av nästa årsstämma omvaldes till ordinarie styrelseledamöter: Mariana Burenstam Linder, Henrik Ekelund, Stefan Gardefjord, Dag Sehlin och Anna Söderblom. För tiden intill slutet av nästa årsstämma omvaldes Reinhold Geijer till ordinarie ledamot samt till styrelsens ordförande. Till revisor för tiden intill slutet av nästa årsstämma omvaldes Öhrlings PricewaterhouseCoopers AB.Årsstämman fastställde arvodet till styrelseledamöter, som ej uppbär lön i koncernen, till oförändrat totalt 1 370 000 kronor, varav 450 000 kronor till ordföranden och 200 000 kronor till respektive övrig styrelseledamot. För utskottsarbete ska...

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First Midwest Bancorp, Inc. Announces Pricing of $100 Million Preferred Stock Offering

CHICAGO, May 14, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has priced an underwritten public offering of 4,000,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, without par value, with a liquidation preference of $1,000 per share of preferred stock (equivalent to $25 per depositary share) at an aggregate offering price of $100 million. First Midwest also has granted the underwriters a 30-day option to purchase up to an additional 600,000 depositary shares from First Midwest. The offering is expected to close on May 20, 2020, subject to customary closing conditions.First Midwest intends to use the net proceeds of the offering for general corporate purposes and will apply to...

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1347 PROPERTY INSURANCE HOLDINGS, INC. DECLARES CASH DIVIDEND ON ITS 8.00% CUMULATIVE PREFERRED STOCK, SERIES A

St. Petersburg, FL, May 14, 2020 (GLOBE NEWSWIRE) — 1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) (the “Company”) announced today that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the “Preferred Stock”), for the period commencing on March 15, 2020 and ending on June 14, 2020.In accordance with the terms of the Company’s 8.00% Cumulative Preferred Stock, Series A, on May 14, 2020, the Board of Directors declared a Preferred Stock cash dividend of $0.50 per share for the period that began on March 15, 2020 and ends on June 14, 2020. The dividend is payable on June 15, 2020 to holders of record on June 1, 2020. The Preferred Stock is currently listed on the Nasdaq Stock Market and trades under the ticker symbol “PIHPP”.About 1347 Property Insurance Holdings, Inc.1347 Property Insurance...

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Verizon announces virtual commencement series ‘Class of 2020: Ready for Anything’

Speakers include President Bill Clinton, Hugh Evans, William P. Lauder, Kevin Love, Jen Rubio, Katie Sowers and Hans VestbergSeries will be held each Friday from May 22 through June 12 on Verizon’s LinkedIn page, simulcast on Yahoo and Yahoo Life and Re-aired on Yahoo Finance FiosNEW YORK, May 14, 2020 (GLOBE NEWSWIRE) — Verizon today announced the launch and lineup of its virtual commencement series, ‘Class of 2020: Ready for Anything.’ Beginning Friday, May 22nd and running through Friday, June 12th, Verizon will feature live, interactive conversations from a cross-sector lineup of leadership titans offering their wisdom on moving forward together as a society.Speakers include President Bill Clinton, Hugh Evans, William P. Lauder, Kevin Love, Jen Rubio, Katie Sowers and Hans Vestberg, chairman and CEO of Verizon. ‘Ready for Anything’...

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LUMIBIRD : PAYMENT FRAUD DETECTED

Lannion, May 14, 2020 – 5:15 pmLUMIBIRD: payment fraud detectedAt the end of the day on May 12, the Lumibird Group’s Management discovered that its UK subsidiary Halo Photonics had been the victim of a payment fraud since April 16.Lumibird immediately filed a complaint with the various authorities concerned and took all the measures required to stop the misappropriation of funds.This fraud, representing a maximum of €3.8m (before any deductions resulting from legal proceedings and measures to recover part of the misappropriated funds), is now under control and will not call into question the Group’s development.Following this incident, the Group has reviewed the existing procedures for preventing cyberattacks and fraudulent intrusion in its IT systems and has opened an internal investigation to determine the origins of the vulnerability...

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LUMIBIRD : DETECTION D’UNE FRAUDE AUX MOYENS DE PAIEMENT

Lannion, le 14/05/2020 – 17H15LUMIBIRD : detection d’une fraude aux moyens de paiementLa Direction du Groupe Lumibird a découvert le 12 mai en fin de journée que sa filiale britannique Halo Photonics a été victime depuis le 16 avril d’une fraude aux moyens de paiement.Lumibird a immédiatement déposé plainte auprès des différentes autorités compétentes et pris toutes les mesures adéquates pour faire cesser les détournements de fonds.La fraude, d’un montant maximum de 3,8 millions d’euros (avant déductions éventuelles résultant des actions légales et des mesures de récupération d’une partie des fonds détournés) est aujourd’hui maîtrisée et n’est pas de nature à remettre en cause le développement du Groupe.A la suite de cet incident, le groupe a procédé à une revue des procédures existantes de prévention des cyber-attaques et intrusions...

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