Month: August 2020

THE WOODLANDS, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX”) (NYSE: CHX) announced today that Byron Pope has been appointed to the newly created role of Vice President – ESG & Investor Relations, effective immediately.In this new role, Byron will lead company-wide ESG (Environmental, Social, Governance) efforts for ChampionX and be the principal contact for ChampionX investors. He will be responsible for communicating the Company’s value proposition to shareholders and the broader financial community. Byron joins ChampionX from Tudor, Pickering, Holt & Co. (TPH) and has 26 years of experience covering the energy sector. In addition to his ESG role, Byron will be taking over investor relations responsibilities from David Skipper.“The creation of this role is an important step and commitment...

MIAMI, Aug. 24, 2020 (GLOBE NEWSWIRE) — Lionheart Acquisition Corporation II (Nasdaq: LCAPU) (the “Company”) announced today that the underwriters of its previously announced initial public offering of units have exercised their over-allotment option in full, resulting in the issuance of an additional 3,000,000 units at a public offering price of $10.00 per unit. After giving effect to the exercise and close of the over-allotment option, an aggregate of 23,000,000 units have been issued in the initial public offering and an aggregate of $230 million has been deposited in the Company’s trust account.Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable warrant of the Company, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share...

Raised $27.2 million of proceeds through a private placement involving common equity and warrantsFirst equity capital raise in Griffin’s history as a public companyNew capital to accelerate Griffin’s acquisition strategy in the logistics sectorNEW YORK, Aug. 24, 2020 (GLOBE NEWSWIRE) — Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) today announced that the Company has completed a private placement transaction with an investment entity managed by Cambiar Management LLC (“Cambiar”) to raise approximately $27.2 million of new capital. The Company sold 504,590 unregistered shares of its common stock (the “Common Stock”) at a purchase price of $50.00 per share and warrants to acquire an additional 504,590 shares of Common Stock with an exercise price of $60.00 per share at a purchase price of $4.00 per warrant...

GUANGZHOU, China, Aug. 24, 2020 (GLOBE NEWSWIRE) — The board of directors of Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors (the “Board”) has declared a quarterly dividend of US$0.0125 per ordinary share, or US$0.25 per ADS for the second quarter of 2020. The dividend is payable on or around Sept 22, 2020 to shareholders of record on Sept 8, 2020.About Fanhua Inc.Fanhua Inc. is a leading independent financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals, including life and property and casualty insurance products. We also provide insurance claims adjusting services, such as damage assessments, surveys, authentications...

August 24, 2020: Oslo, Norway, PGS (or the “Company”) announces that the 2020 long term incentive plan, as approved by the Annual General Meeting on April 22, 2020, has now been implemented by allocating 2 389 050 Performance based Restricted Stock Units (“PRSUs”).The awards are based on amongst other considerations the position in the Company and a review on the individual participant’s performance prior to award. Any PRSU awarded will, subject to the participant’s continued employment with the Company (or a subsidiary), be settled three years after grant. The complete terms and conditions of the award are described in the calling notice for the 2020 Annual General Meeting.Delivery of shares will take place from the Company’s pool of treasury shares or, if an insufficient number of treasury shares...

GUANGZHOU, China, Aug. 24, 2020 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the second quarter and first half ended June 30, 20201.Financial Highlights for the Second Quarter of 2020:Financial Highlights for the First Half of 2020:“Despite the headwind from COVID-19 on China’s macro economy and the insurance market, Fanhua still delivered results that beat our previous estimates across various major metrics in the second quarter of 2020, fully demonstrating the sustainability and resilience of our business model.” Commenting on the financial results of second quarter of 2020, Mr. Chunlin Wang, chairman and chief executive officer of Fanhua, stated, “With the gradual resumption of offline...

Barranquilla, Colombia, Aug. 24, 2020 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced that the Company will attend the Raymond James 2020 Virtual Diversified Industrials Conference on Wednesday, August 26, 2020.Tecnoglass’ latest investor presentation will be provided at this conference. Prior to Tecnoglass’ attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investor Relations section of the Company’s website at www.tecnoglass.com.About TecnoglassTecnoglass Inc. is a leading manufacturer of architectural glass, windows, and associated aluminum products...

LONDON, Aug. 24, 2020 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced the election of three Term III Directors at the Company’s Annual Meeting of Shareholders for 2020, held today in London.The Directors, Michael Gross, Menno van Lacum and Alain Wils, were elected to serve until the 2023 Annual Meeting of Shareholders and until such time as a successor has been duly elected and qualified.Additionally, the appointment of PricewaterhouseCoopers S.A. as the Company’s independent public accounting firm for the fiscal year ending December 31, 2020 was ratified.About Global Ship LeaseGlobal Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations...

CHANDLER, Ariz., Aug. 24, 2020 (GLOBE NEWSWIRE) — Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the BMO Capital Markets Virtual Technology Summit on Wednesday, August 26, 2020, at 4:00 p.m. (Eastern Time).  Presenting for the Company will be Mr. Steve Sanghi, Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer.  A live webcast of the presentation will be made available by BMO, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings.  Copies of SEC filings can be obtained...

RESTON, Va., Aug. 24, 2020 (GLOBE NEWSWIRE) — We are advised by Lightbridge Corporation that journalists and other readers should disregard the news release, Lightbridge Provides Video Demonstration of Co-Extrusion Manufacturing Process for Lightbridge Fuel™ Rods issued January 6, 2020 over GlobeNewswire.