Month: July 2020

Share Buyback Transaction Details July 9 – 15, 2020July 16, 2020 – Wolters Kluwer today reports that it has repurchased 56,612 of its own ordinary shares in the period from July 9, 2020, up to and including July 15, 2020, for €4.0 million and at an average share price of €70.10.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...

(UPM, Helsinki, 16.07.2020 at 11:00 EET) – UPM will permanently cease production at its Chapelle newsprint mill in Grand-Couronne, France today. The consultation process with employee representatives was completed on June 15th, 2020 according to French legislation and approved by French authorities on July 15th, 2020.The closure impacts 228 people. UPM offers support to employees in order to alleviate the effects caused by staff reductions in relation to the closing of the mill.With the closure of the mill UPM will reduce a total of  240.000 tonnes of its newsprint paper capacity.UPM recognizes restructuring charges in total of EUR 78 million, whereof EUR 61 million as cash costs. EUR 45 million was booked as items affecting comparability in Q1 2020 and EUR 33 million in Q2 2020. The action will result in annual savings of approximately...

(UPM, Helsinki, 16.7.2020 klo 11:00) – UPM lopettaa tänään pysyvästi tuotannon Chapellen sanomalehtipaperitehtaallaan Grand-Couronnessa Ranskassa. Yhteistoimintaneuvottelut henkilöstön edustajien kanssa päättyivät 15.6.2020. Neuvottelut käytiin Ranskan lakien mukaisesti ja ne saivat Ranskan viranomaishyväksynnän 15.7.2020.Tehtaan sulkeminen vaikuttaa 228 ihmiseen. UPM tarjoaa henkilöstölleen tukea lieventääkseen tehtaan sulkemisesta ja työpaikkojen menetyksestä aiheutuneita vaikutuksia.Chapellen sulkeminen vähentää UPM:n vuosittaista sanomalehtipaperikapasiteettia 240 000 tonnia.UPM kirjaa rakennejärjestelykuluina yhteensä 78 miljoonaa euroa, josta 61 miljoonaa euroa kassakustannuksina. 45 miljoonaa euroa kirjattiin vertailukelpoisuuteen vaikuttavina erinä ensimmäisellä neljänneksellä 2020 ja 33 miljoonaa euroa toisella neljänneksellä...

(UPM, Helsinki, 16.07.2020, 11:00 Uhr EET) – UPM wird heute die Produktion in seiner Zeitungspapierfabrik Chapelle in Grand-Couronne, Frankreich, dauerhaft einstellen. Die Verhandlungen mit den Arbeitnehmervertretern wurden am 15. Juni 2020 nach französischer Gesetzgebung abgeschlossen und von den französischen Behörden am 15. Juli gebilligt. Von der Schließung sind 228 Personen betroffen. UPM bietet den Mitarbeitern Unterstützung an, um die Auswirkungen des aus der Werksschließung resultierenden Personalabbaus abzumildern.Mit der Werksschließung reduziert UPM seine Zeitungspapierkapazitäten um insgesamt 240.000 Tonnen.UPM bucht Restrukturierungskosten in Höhe von insgesamt 78 Mio. Euro, wovon 61 Mio. Euro Cashkosten sind. Als Sondereffekte wurden in Q1 2020 45 Mio. Euro und in Q2 2020 33 Mio. Euro gebucht, um die Vergleichbarkeit der...

(UPM, Helsinki, 16.07.2020 à 11h00 EET) – UPM cessera aujourd’hui définitivement les activités de production de l’usine de papier journal de Chapelle-Darblay située à Grand-Couronne (France). Le processus de consultation des représentants du personnel s’est achevé le 15 juin 2020 conformément à la législation française et a été validé par l’administration française du Travail le 15 juillet 2020.Cette fermeture concerne 228 salariés. UPM proposera un accompagnement adapté aux collaborateurs concernés pour limiter les conséquences sociales des suppressions de postes liées à la fermeture de l’usine.Au terme de cette fermeture, UPM va réduire de 240 000 tonnes au total sa capacité de production de papier journal.« Après qu’UPM ait annoncé son intention de vendre l’usine de Chapelle-Darblay en septembre dernier,...

Le groupement Atos-Open fournira des prestations intellectuelles informatiques d’Assistance à Maîtrise d’Œuvre et Maintenance applicative  Paris, le 16 juillet 2020 – Atos, leader international de la transformation digitale, et Open, acteur de référence de la transformation IT et Digitale des entreprises, annoncent avoir été sélectionnés en groupement par l’Union des Groupements d’Achats Publics (UGAP), seule centrale d’achat public généraliste en France, pour délivrer des prestations informatiques d’assistance à maîtrise d’œuvre d’applications (AMOE) et de maintenance applicative (TMA) aux entités publiques françaises. Ce marché est estimé à plus de 200 millions d’euros sur la durée du marché.L’UGAP constitue un véritable levier dans la mise en œuvre des politiques publiques, notamment en matière de soutien aux PME, d’emploi...

SHENZHEN, China, July 16, 2020 (GLOBE NEWSWIRE) — Meten EdtechX Education Group Ltd. (NASDAQ: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, today announces the appointment of Henry Wong as Chief Financial Officer with immediate effect. He succeeds Ricky Ng, who has decided to step down to pursue other opportunities.Henry has more than 27 years’ experience in corporate finance, accounting, internal control, and corporate governance across international markets including mainland China, Hong Kong, Singapore, London, Japan and the United States. He is an independent director of Hong Kong listed Shifang Holding Company and Raffles Interior Ltd. Previously, he served as CFO of CITIC Frontier Services Group, a Hong Kong listed group with international subsidiaries and...

Hod Hasharon, Israel, July 16, 2020 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced today that it will host a conference call to discuss its second quarter 2020 earnings results, on Tuesday, August 4, 2020 at 8:30AM ET (1:30PM UK, 3:30PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call.‎To access the conference call, please dial one of the following numbers:US:  1-888-407-2553, UK: 0-800-917-5108, Israel: +972-3-918-0610A live webcast of the conference call can be accessed on the Allot website at http://investors.allot.com/. The webcast will also be archived on the website following the conference call.###  About...

Luxembourg – 16 July 2020 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable(1) contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan.Project engineering will commence immediately at Seaway 7’s offices in Leer, Germany and in Taipei, Taiwan. Offshore activities are expected to commence in 2023.The contract is subject to a final investment decision by the client and Subsea 7 will record the contract in backlog once that decision has been made.At this time, no further details can be communicated for contractual reasons.(1)  Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.*******************************************************************************Subsea 7 is a global leader in the delivery of offshore projects...

Bilia today communicates that the operational earnings for the second quarter 2020 were higher than last year and significantly above market expectation.Bilia’s operational earnings for the second quarter 2020 are expected to amount to around SEK 335 M, compared with SEK 306 M for the second quarter 2019. The improvement was attributable to the Service business in combination with cost focus and utilization of Covid-19 support packages where needed.The operating profit for the second quarter 2020 is expected to amount to around SEK 290 M, compared with SEK 280 M for the second quarter 2019. The operating profit includes a structural cost amounting to around SEK 20 M to reduce number of employees.The figures are preliminary and not audited by Bilia’s auditors. Complete information will be reported as part of Bilia’s ordinary interim report...