Day: August 21, 2020

August 21, 2020This document in English is a translation of the original in Swedish. In case of any discrepancy, the Swedish original will prevail. Indications of increased need for Aino’s SaaS solutions, A focus on improved cash flow, Fully secured rights issue of shares of SEK 15.9 million in September April–June 2020Net sales increased by 1 percent to KSEK 5,744 (5,677)*Result after financial items increased to KSEK -4,565 (-4,880)Earnings per share were SEK -0.3 (-0.3)January–June 2020Net sales increased by 3 percent to KSEK 11,829 (11,529)*Result after financial items increased to KSEK -8,135 (-8,144)Earnings per share were SEK -0.5 (-0.5)*At the end of Q1, the company had about MSEK 3.2 in accounts receivable from result-based contracts, accrued during Q42018–Q12020, of which SEK 1 million have been recognized as revenue during...

2020-08-21Indikationer på ökat behov av Ainos SaaS-tjänster, Fokus på förbättrat kassaflöde, Företrädesemission på 15,9 MSEK i september 2020April – juni 2020Omsättningen ökade med 1 procent till 5 744 (5 677) TSEK*Resultatet efter finansiella poster minskade till -4 565 (-4 880) TSEKResultatet per aktie -0,3 (-0,3) SEKJanuari – juni 2020Omsättningen ökade med 3 procent till 11 829 (11 529) TSEK*Resultatet efter finansiella poster minskade till -8 135 (-8 144) TSEKResultatet per aktie -0,5 (-0,5) SEK*Bolaget hade vid slutet av Q1 cirka 3,2 MSEK i fordringar, från resultatbaserade kontrakt, som har ackumulerats under Q42018-Q12020 varav 1 miljon kronor har intäktsförts under Q4 2019. På grund av Covid-19 pandemin har bolaget av försiktighetsskäl varken intäktsfört eller kostnadsfört ackumulerade resultatbaserade fordringar...

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 21.8.2020 AT 9:30Changes in Huhtamaki’s Global Executive TeamClay Dunn, (63), President, North America business segment has decided to retire at the end of 2020 after successfully leading Huhtamaki’s business in North America since 2005. Ann O’Hara, (49), MBA, BSE (Chemical Engineering), has been appointed President, North America business segment and a member of the Global Executive Team. Ann will join Huhtamaki on November 1, 2020 and will assume the role of President, North America on January 1, 2021 following a two-month transition period with Clay Dunn.   ”I would like to thank Clay for his outstanding contribution to Huhtamaki over the past 15 years,” says Charles Héaulmé, President and CEO of Huhtamaki. “Under Clay’s leadership Huhtamaki’s turnover in the United States has essentially doubled,...

HUHTAMÄKI OYJ PÖRSSITIEDOTE 21.8.2020 KLO 9.30Muutoksia Huhtamäen johtoryhmässäClay Dunn, (63), North America -liiketoimintasegmentin johtaja, on päättänyt jäädä eläkkeelle vuoden 2020 lopussa johdettuaan Huhtamäen liiketoimintoja Pohjois-Amerikassa vuodesta 2005 alkaen. Ann O’Hara, (49), MBA, Insinööri (kemiantekniikka), on nimitetty North America ‑segmentin johtajaksi ja konsernin johtoryhmän jäseneksi. Ann aloittaa Huhtamäellä 1.11.2020 ja North America -liiketoimintasegmentin johtajana 1.1.2021 työskenneltyään kahden kuukauden siirtymäjakson Clay Dunnin kanssa.”Haluan kiittää Clay Dunnia hänen merkittävästä panoksestaan Huhtamäen hyväksi viimeisten 15 vuoden aikana”, sanoo Charles Héaulmé, Huhtamäen toimitusjohtaja. ”Clayn johdolla Huhtamäen liikevaihto Yhdysvalloissa on kaksinkertaistunut ylittäen miljardi US dollaria vuonna 2014....

Major indices closed down session this Wednesday lower after government’s Federal Reserve minutes brought lack of optimism with regards about the economy’s growth on this year’s second quarter. S&P 500 started positive recording another intraday high but ended up lower just before trading session has close.Apple had reached about $2 Trillion market cap after gaining about 0.1% today, but it did not help Nasdaq to jump up. Amazon and Netflix fell on the other side both slide with more than 1%. Here are the main movements in the Global Stock Market this Wednesday; Stocks – The Dow Jones Industrial Average dropped for the third time this week, falling short about 85.12 points or 0.31% to 27,692.95 just before today’s session end.– S&P 500 fell about 14.87 points or 0.44% to 3,374.91. Deleting its record high mark from...

TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that William Lundin has been appointed as Chief Operating Officer of IPC, effective as of December 1, 2020.Mike Nicholson, Chief Executive Officer of IPC comments: “William has worked in the engineering and production operations departments at IPC in Canada and prior to that, worked for BlackPearl Resources Inc. which was acquired by IPC in December 2018. He has developed a deep understanding of IPC’s business, operations and sustainability initiatives. William is also currently a director of ShaMaran Petroleum Corp. He will be a very valuable addition to the IPC corporate management team and his appointment further demonstrates the continuing support of the Lundin family. Daniel Fitzgerald has...

Entscheid der Übernahmekommission zur Einsprache gegen ihre VerfügungDie ausserordentliche Generalversammlung der MCH Group AG hat am 3. August 2020 allen Anträgen des Verwaltungsrates zugestimmt – darunter mit einer 71.5%-Mehrheit einer Statutenänderung, die es Lupa Systems LLC ermöglichen soll, ohne öffentliches Übernahmeangebot eine Beteiligung von über 33,3% und bis zu 49% an der Gesellschaft zu erwerben (Opting-up-Klausel).Die Übernahmekommission (UEK) hat nun verfügt, dass diese von der Generalversammlung beschlossene Opting-up-Klausel aus übernahmerechtlicher Sicht nicht wirksam ist, da das zusätzliche, übernahmerechtlich erforderliche Quorum der “Mehrheit der Minderheit” nicht erreicht worden sei, weil die Stimmenthaltungen als Nein-Stimmen mitgezählt werden müssten. Dies widerspricht allerdings den Statuten der MCH...

Arrêt de la Commission des OPA sur le recours contre sa décisionL’assemblée générale extraordinaire de MCH Group SA du 3 août 2020 a approuvé toutes les propositions du Conseil d’administration – dont, avec une majorité de 71,5 %, une modification des statuts visant à permettre à Lupa Systems LLC d’acquérir une participation de plus de 33,3 % et jusqu’à 49 % sans offre publique d’achat (clause d’opting-up).La Commission des OPA (COPA) a maintenant décidé que cette clause d’opting-up décidée par l’assemblée générale n’était pas valable du point de vue du droit des OPA, car les abstentions doivent être comptées comme des votes défavorables dans le quorum supplémentaire requis en vertu du droit des OPA de la «majorité de la minorité». Toutefois, cela est contraire aux statuts de MCH Group SA. Sur la base de cette décision de la COPA, Lupa...

Swiss Takeover Board decision on objection against its provisionOn 3 August 2020, the Extraordinary General Meeting of the MCH Group Ltd. approved all proposals of the Board of Directors – including, with a 71.5% majority, an amendment to the Statutes enabling Lupa Systems LLC to acquire a holding of over 33.3% and up to 49% of the company without a public takeover bid (opting-up clause).The Swiss Takeover Board (TOB) has now informed, that this opting-up clause adopted by the General Meeting is not effective from a takeover law perspective, because the additional quorum of the “majority of the minority” required under takeover law has not been reached, as abstentions must be counted as “no”. However, this contradicts the Statutes of the MCH Group Ltd. According to this TOB decision, Lupa Systems LLC would then...

(Oslo, 21 August 2020) Saga Tankers ASA (“Saga”, OSE: SAGA) reported a net asset value (NAV) of NOK  272 million end of the second quarter 2020, corresponding to NOK 1.02 per outstanding share, excluding minority interests and with Vallhall valued at book value.By the end of the second quarter, Saga had a cash balance of NOK 117 million. All long-term debt are related to the real estate owned by Vallhall (Saga’s ownership is 55%).The Board of Directors intends to make a resolution of a dividend distribution of NOK 0.1 per share, corresponding to NOK 26.7 million.Such resolution to distribute dividend is expected to be passed within a few days, following the registration of the authorization in Brønnøysund Register Centre, granted by the Extraordinary General Meeting in June.  Further information on such resolution, including key information...