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Month: July 2020

OR appeals verdict of District Court of Reykjavík

Orkuveita Reykjavíkur has today assigned their general counsel to appeal the verdict of the District Court of Reykjavík to Landsréttur Appeal Court, wherein the company is made to pay the amount of 740.000.000 ISK plus interest as settlement of derivative contracts agreed with Glitnir Bank during the years before the collapse of the banking system in Iceland.The verdict does not consider the main arguments of Orkuveita Reykjavíkur in this matter. Firstly, that Glitnir Holdco the plaintiff, is not legally involved in this case since the claim was assigned to the Icelandic State in 2016. Secondly, an Appraisal report by Court-Appointed Assessors was presented to the court on behalf of OR stating that the bank was in fact insolvent as of January 2008 and existing contracts thus defaulted at the time and derivative contracts dating after...

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Albioma : 2019 dividend – Results of the option for the payment in the form of new shares

Press releaseParis La Défense, 8 July 20202019 dividendResults of the option for the payment in the form of new sharesAlbioma announces that the option for the payment of the dividend for the 2019 financial year resulted in the subscription of 281,450 new shares, i.e. 71.67 % of the coupons reinvested.The option was to be exercised from 15 June to 6 July 2020. It offered the possibility to have 50% of the dividend for the 2020 financial year paid in the form of new shares, issued at a price of €27.77 each. The 2019 dividend was set at €0.70. Shares held under registered form for two calendar years also benefited, within the limit of 0.5% of the capital, from a 10% dividend premium (ie a dividend of 0.77 euro).The newly issued shares shall be admitted for trading on Euronext Paris on 10 July 2020, alongside existing shares (ISIN FR0000060402)...

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ALBIOMA : Dividende 2019 – Résultats de l’option pour le paiement en actions

Communiqué de presseParis La Défense, le 8 juillet 2020Dividende de l’exercice 2019Résultats de l’option pour le paiement en actions nouvellesAlbioma annonce que l’option pour le paiement en actions nouvelles du dividende de l’exercice 2019 s’est traduite par la souscription de 281 450 actions nouvelles, soit un taux de réinvestissement de 71,67 %.L’option, qui pouvait être exercée du 15 juin au 6 juillet 2020, permettait d’obtenir le paiement de 50 % du dividende de l’exercice 2019 en actions nouvelles, émises à un prix unitaire de 27,77 euros. Le dividende de l’exercice 2019 était fixé à 0,70 euro par action. Les actions justifiant d’une inscription au nominatif depuis deux années civiles bénéficiaient par ailleurs, dans la limite de 0,5 % du capital, à une majoration du dividende de 10 % (soit un dividende de 0,77 euro).Les actions...

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Hearing Aids Market Size to Reach USD 14.45 Billion by 2026: Rising Prevalence of Hearing Impairment to Aid in Expansion, says Fortune Business Insights™

Pune, July 08, 2020 (GLOBE NEWSWIRE) — The global hearing aids market is projected to witness notable growth and reach USD 14.45 billion by the end of 2026 on account of the increasing issues of hearing impairment especially among the geriatric population. A hearing aid is a tiny electronic device that helps people to hear sounds at a higher intensity than normal. A recent report by Fortune Business Insights titled, “Hearing Aids Market Size, Share & Industry Analysis, By Product (Hearing Devices, Hearing Implants), By Patient Type (Adult, Pediatric), By Distribution Channel (OTC (Over the Counter), Medical Channel/ Hospital Pharmacies, Private Practice/ Retail Pharmacies) and Regional Forecast, 2019-2026,” the value of this market was USD 8.39 billion in the year 2018. The forecast period is set between 2019 to 2026 and the...

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Vishay Intertechnology 30 V MOSFET Half-Bridge Power Stage Delivers 11 % Higher Output Current in PowerPAIR® 3x3F

MALVERN, Pa., July 08, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new 30 V n-channel MOSFET half-bridge power stage that combines a high side TrenchFET® MOSFET and low side SkyFET® MOSFET with an integrated Schottky diode in one compact PowerPAIR® 3.3 mm by 3.3 mm package. For power conversion in computing and telecom applications, the Vishay Siliconix SiZF300DT delivers increased power density and efficiency, while reducing component counts and simplifying designs.The two MOSFETs in the device released today are internally connected in a half-bridge configuration. The Channel 1 MOSFET provides maximum on-resistance of 4.5 mΩ at 10 V and 7.0 mΩ at 4.5 V. The Channel 2 MOSFET features on-resistance of 1.84 mΩ at 10 V and 2.57 mΩ at 4.5 V. Typical gate charge for the MOSFETs is 6.9 nC and 19.4...

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ROHM and LEADRIVE Establish a Joint Laboratory

Kyoto, Japan and Santa Clara, CA, July 08, 2020 (GLOBE NEWSWIRE) — ROHM and Leadrive Technology (LEADRIVE), the Chinese leading manufacturer of automotive powertrain for new energy vehicles with headquarters in Shanghai, held an opening ceremony of their joint laboratory on SiC technology in the China (Shanghai) Pilot Free Trade Zone (Lingang New Area).SiC power devices have been adopted increasingly in onboard vehicle chargers and DC/DC converters. These devices provide several advantages compared to silicon-based power devices such as IGBTs. One key benefit: significantly lower losses during both switching and conduction along with being able to operate at higher temperature. Since 2017, ROHM and LEADRIVE have been collaborating and carrying out detailed technical exchanges on automotive applications utilizing SiC power devices....

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Live Oak Bancshares, Inc. Announces Date of Second Quarter 2020 Financial Results

WILMINGTON, N.C., July 08, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2020 financial results after U.S. financial markets close on Wednesday, July 22, 2020.In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, July 23, 2020, at 9:00 a.m. ET. To access this call dial, (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 3174517. A live webcast of the conference call will be available on the Investor Relations page of the company’s website at http://investor.liveoakbank.com/. After the conference call, a replay will be available until July 30, 2020, and can be accessed by dialing (855) 859-2056 (domestic) or...

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