Month: May 2020
28 May 2020Acron Group Sells Crown Potash Lease KL 279 in CanadaAcron’s subsidiary, 101211205 Saskatchewan Ltd. (Canada), has closed a transaction to sell Crown potash lease KL 279 to Potash Corporation of Saskatchewan Inc., a potash business unit within Nutrien Ltd. KL 279, or Stockholm Project, is an undeveloped 263.5 km² property located in southeast Saskatchewan, Canada.Acron believes that the transaction reflects fundamental value of the potash industry even amid the turbulent market environment.Acron continues to own nine Crown potash leases and one exploration permit in Saskatchewan. Acron’s potash dispositions with a total area of approximately 2,000 km² are divided into two prospective blocks – Albany Project (six lots in the south of the province) and Foam Lake Project (four lots in the north of the potash exploration and...
Goodvalley generated strong results in Q1 2020
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Goodvalley generated strong results in Q1 2020 and improved revenue and earnings driven by volume growth and higher average live pig prices while further strengthening the Group’s food brand and sales of branded premium products in Poland. While the global outbreak of COVID-19 had no significant impact on operations or sales in the quarter, it reduces visibility and entails increased uncertainty.“We grew profitably as we delivered high production efficiency and increased sales across our markets at a higher average price.” says CEO Hans Henrik Pedersen.Q1 2020• Group revenue increased by 24% to DKK 399 million (Q1 2019: DKK 322 million), and Goodvalley’s Adjusted EBITDA grew to DKK 131 million (Q1 2019: DKK 37 million), corresponding to an Adjusted EBITDA margin of 32.5% (Q1 2019: 11.5%). The strong performance was driven by higher live...
GROUPE RENAULT : Nissan contribution to Renault’s Q1 2020 earnings
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May 28th, 2020Nissan contributes -€3,573 million for first quarter 2020 to Renault’s earningsNissan released today its results for the fourth quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2019/2020 (January 1st to March 31th, 2020) will have a negative contribution to Renault’s first quarter 2020 net income estimated at -€3,573 million(1) after IFRS restatements ( -€976 million).(1)based on an average exchange rate of 120.1 yen/euro for the period under review.Attachment2020_28_05_PR_Nissan contribution
GROUPE RENAULT: Contribution de Nissan aux résultats du 1er trimestre 2020 de Renault
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Le 28 mai 2020Nissan contribue aux résultats de Renault à hauteur de -3 573 millions d’euros au titre du 1er trimestre 2020Nissan a publié aujourd’hui les résultats du quatrième trimestre de son exercice fiscal 2019/2020 couvrant la période du 1er avril 2019 au 31 mars 2020.Le résultat publié par Nissan en normes comptables japonaises au titre du quatrième trimestre de son exercice fiscal 2019/2020 (période du 1er janvier au 31 mars 2020) se traduira dans le résultat net du premier trimestre 2020 de Renault par une contribution négative estimée à -3 573 millions d’euros(1) après retraitements IFRS (-976 millions d’euros).(1) sur la base d’un taux de change de 120,1 yens pour un euro en moyenne sur le trimestre.Pièce jointe2020_28_05_CP_ Contribution Nissan
BW Offshore: Dividend information
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Dividend informationReference is made to the Q1 2020 Trading update released 26 May 2020.BW Offshore Limited provides the following key information relating to its cash dividend for Q1 2020.Dividend amount: USD 0.034 per shareDeclared currency: USDDate of approval: 19 May 2020Last day inclusive: 29 May 2020Ex-date: 2 June 2020Record date: 3 June 2020Dividend payment date to shareholders: 10 June 2020For further information, please contact:Ståle Andreassen, CFO, +65 97 27 86 47Anders S. Platou, Head of Corporate Finance, +47 99 50 47 40IR@bwoffshore.com or www.bwoffshore.comAbout BW Offshore:BW Offshore is a leading provider of floating production services to the oil and gas industry. The company also participates in developing proven offshore hydrocarbon reservoirs. BW Offshore is represented in all major oil and gas regions world-wide...
UP Fintech Holding Limited Reports Unaudited First Quarter 2020 Financial Results
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BEIJING, May 28, 2020 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global Chinese investors, today announced its unaudited financial results for the first quarter ended March 31, 2020.“We are pleased to report that our Company delivered good financial and operating growth in the first quarter of 2020,” stated Mr. Wu Tianhua, CEO and Director of UP Fintech. Total revenues were US$23.2 million, a 136.7% increase from the first quarter of 2019, and for the first time we generated net income attributable to UP Fintech of US$3.0 million this quarter. Our platform is also continuing to attract new users; the number of accounts with deposits increased by approximately 20,900 this quarter as the quarterly growth rate in funded accounts was about 2.5...
Share Buyback Transaction Details May 21 – 27, 2020
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Share Buyback Transaction Details May 21 – 27, 2020May 28, 2020 – Wolters Kluwer today reports that it has repurchased 58,827 its own ordinary shares in the period from May 21, 2020, up to and including May 27, 2020, for €4.0 million and at an average share price of €67.45.These repurchases are part of the share buyback program announced on February 26, 2020, under which we intend to repurchase shares for up to €350 million during 2020.The cumulative amounts repurchased to date under this program are as follows:Share Buyback 2020For the period starting May 7, 2020, up to and including August 3, 2020, we have engaged a third party to execute €50 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.Repurchased shares...
Philips Foundation publishes its 2019 Annual Report
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May 28, 2020 Support provided by the Philips Foundation helped 5 million more people to access one or more healthcare services in 2019Almost 900,000 lives were improved as a result of the foundation’s 2018-2019 employee volunteering program to fight childhood pneumoniaAdditional 38 projects launched in 2019 to explore new ways of providing access to healthcare for disadvantaged communitiesAmsterdam, the Netherlands – Philips Foundation, with its mission to provide access to quality healthcare for disadvantaged communities through innovation, today announced publication of its 2019 Annual Report. The report outlines a year of substantial progress in providing access to quality healthcare for disadvantaged communities, capturing many of the activities that aim to achieve lasting change in local healthcare systems. With more than 200 projects...
Eurocastle Announces Posting of 2020 Annual General Meeting Notice
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Contact:Oak Fund Services (Guernsey) LimitedCompany AdministratorAttn: Mark WoodallTel: +44 1481 723450 Eurocastle Announces Posting of 2020 Annual General Meeting NoticeGuernsey. 28 May 2020 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today announces that notice of its Annual General Meeting containing the full text of the proposed resolutions and a proxy statement has been mailed out to all holders on record as of Tuesday, 26 May 2020. In addition, the Company has posted the Annual General Meeting notice on its website under Periodic Reports and Shareholder Communications in the Investor Relations Section.As previously announced, Eurocastle will hold its Annual General Meeting on Wednesday, 17 June 2020, at the Company’s registered...
Decisions of the Annual General Meeting of Shareholders of AS Tallinna Vesi
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Annual General Meeting of Shareholders of the Public Limited Company Tallinna Vesi was held on Thursday, 28 May 2020 at 09.00 (GMT+3)- 9.50 (GMT+3) at Paljassaare Wastewater Treatment Plant of AS Tallinna Vesi, in the Gym (Address: Paljassaare põik 14, Tallinn, Estonia). 14,364,981 votes, i.e 71,82% of total of 20 million votes were represented at the meeting.AGENDA OF THE ANNUAL GENERAL MEETINGDECISION: To approve the 2019 Annual Report including the balance sheet total in the amount of €262,855,000 (two hundred and sixty-two million eight hundred and fifty-five thousand) and net profit in the amount of €27,760,000 (twenty-seven million seven hundred and sixty thousand) was adopted with 14,359,581 votes in favor (ie. 99.96 % of all votes represented at the meeting).2. Distribution of profit DECISION 1: With14,238,849 votes in favor...
