Day: February 18, 2021

Today, Landsbankinn concluded the sale of a new green bond series in the amount of EUR 300 million. The bonds bear 0.375% fixed rates and were sold at terms equivalent to an 87 basis points spread above mid-swap market rates. Subscriptions came to just under one billion euro from more than 80 investors.These are 4.25Y bonds, maturing in May 2025. The bonds were sold to investors in the UK, continental Europe and Scandinavia. The issuance reached a broader investor group than before, including investors in alternatives who focus on sustainability.The bonds will be issued under the Bank’s EMTN programme with reference to its sustainable finance framework, which has been reviewed by Sustainalytics. The bonds will be admitted to trading on Euronext Dublin as of 25 February 2021.Managers were ABN AMRO, BofA Securities, Citi and Deutsche Bank.Lilja...

Aðalfundur Símans hf. verður haldinn rafrænt fimmtudaginn 11. mars 2021 kl. 16:00.Meðfylgjandi er fundarboð, drög að dagskrá fundarins og tillögur stjórnar félagsins sem lagðar verða fyrir fundinn ásamt skýrslu tilnefninganefndar.Allar frekari upplýsingar varðandi aðalfundinn er að finna á vef félagsins https://www.siminn.is/umsimann/fundirViðhengiSíminn hf. – Aðalfundarboð 2021Síminn hf. – Tillögur stjórnar fyrir aðalfund 2021Síminn hf. – Skýrsla tilnefningarnefndar – aðalfundur 2021

Helstu niðurstöður úr rekstri á 4F 2020Tekjur á fjórða ársfjórðungi (4F) 2020 námu 8.192 m.kr. samanborið við 7.896 m.kr. á sama tímabili 2019 og hækka því um 296 m.kr. eða 3,7%.Rekstrarhagnaður fyrir afskriftir og fjármagnsliði EBITDA nam 2.894 m.kr. á 4F 2020 samanborið við 2.728 m.kr. á sama tímabili 2019 og hækkar því um 166 m.kr. eða 6,1% frá sama tímabili í fyrra. EBITDA hlutfallið er 35,3% fyrir fjórða ársfjórðung 2020 en var 34,5% á sama tímabili 2019. Rekstrarhagnaður EBIT hækkar um 170 m.kr eða 14,6% frá sama tímabili í fyrra.Hagnaður á 4F 2020 nam 1.055 m.kr. samanborið við 760 m.kr. á sama tímabili 2019.Á ársfjórðungnum voru bakfærðar 300 m.kr. vegna lækkunar á stjórnvaldssekt í kjölfar úrskurðar áfrýjunarnefndar samkeppnismála frá 13. janúar sl. Áður hafði Síminn gjaldfært 500 m.kr. á öðrum ársfjórðungi ársins.Handbært fé...

Financial highlights Q4 2020Síminn‘s revenue amounted to ISK 8,192 million in the fourth quarter (Q4) of 2020, compared to ISK 7,896 million in the same period 2019. An increase by ISK 296 million or 3.7%.EBITDA amounted to ISK 2,894 million in Q4 2020, compared to ISK 2,728 million in the same period of 2019, up by ISK 166 million or 6.1%. The EBITDA ratio was 35.3% in Q4 2020, compared to 34.5% in the same period of 2019. Operating profit EBIT is up by ISK 170 million or 14,6% compared to same period of 2019.Profit in Q4 2020 amounted to ISK 1,055 million, compared to ISK 760 million in the same period of 2019.ISK 300 million was reversed during the quarter due to a reduction in administrative fines following the ruling of the Competition Appeals Committee from 13 January 2020. Síminn had previously expensed ISK 500 million in the second...

BURLINGTON, Mass., Feb. 18, 2021 (GLOBE NEWSWIRE) — Avid® (Nasdaq: AVID) today announced the immediate availability of the next generation of its VENUE live sound software – Avid VENUE 7. Introducing a host of new features and enhancements that empower engineers and sound designers to deliver large-scale concert performances, broadcast events and house of worship and theater productions with unparalleled quality and efficiency, the Avid VENUE 7 update represents the Avid VENUE | S6L system’s most significant software release to date.Avid VENUE software now supports I/O sharing across three Avid VENUE | S6L systems, providing more workflow flexibility while reducing costs and complexity without any negative impact on sound quality. Support for I/O sharing makes it easy for users to add a broadcast console or second monitor console...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATESTORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (Neo: CERE.U and CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is pleased to announce that the Corporation has qualified to trade on the OTCQX® Best Market.Ceres begins trading today on OTCQX under the symbol “CERAF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Corporation on www.otcmarkets.com.“We are pleased to welcome Ceres Acquisition Corp., a SPAC that raised $120 Million in connection with its IPO, to the OTCQX Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Ceres Acquisition Corp. utilizes their disclosure on the NEO Exchange to efficiently cross-trade their shares in the U.S. on OTCQX, enabling...

Oslo, 18 February 2021: Yara Board member Håkon Reistad Fure today transferred 2,500 Yara shares from his private holding to Company One AS, his wholly-owned private company, at a price of NOK 414.50 per share.Following this transaction Håkon Reistad Fure owns 22,500 Yara shares, held in Company One AS.

Aðalfundur Sláturfélags Suðurlands svf. verður haldinn föstudaginn 19. mars 2021 á Goðalandi  Fljótshlíð og hefst kl. 15:00.Dagskrá:Setning aðalfundar, kosning starfsmanna fundarins og könnun á mætingu fulltrúa.     Skýrsla stjórnar félagsins.Starfsemi félagsins á liðnu ári.Ársreikningur félagsins fyrir liðið starfsár skýrður.Skýrsla skoðunarmanna.Tillaga stjórnar  um vexti af stofnsjóði og greiðslu arðs.Umræður um skýrslu stjórnar, skýrslu um starfsemi félagsins, ársreikning og tillögu um vexti og arð af stofnsjóði.Afgreiðsla ársreiknings og tillagna um vexti og arð af stofnsjóði.Kosin stjórn félagsins.Kosning endurskoðenda og skoðunarmanna.Ákvörðun um þóknun stjórnar, skoðunarmanna og greiðslur til fulltrúa.Umræður og atkvæðagreiðsla um önnur mál, löglega upp borin.Tillögur frá félagsaðilum sem bera á fram á aðalfundi þurfa að vera...

 Results reflect the global pandemicKey figures from the consolidated financial statementsProfit before unrealized financial items amounted to USD 138.7 million compared to USD 176.0 million in the previous year and decreases by 21.2% between years.The profit for the year amounted to USD 78.6 million but was USD 114.9 million in the previous year.Operating revenues amounted to USD 453.5 million and decrease by USD 56.1 million (11.0%) from the previous year.Net debt decreases by USD 15.7 between years and was USD 1,675.8 at year end. Interest expenses decrease by USD 11.9 million between years.Cash flow from operating activities amounted to USD 234.1 million, a decrease of 20.9% from the previous year.Hörður Arnarson, CEO:“Landsvirkjun’s operations and results were inevitably affected by the pandemic during 2020 which had a substantial...

Afkoma litast af heimsfaraldrinumHelstu atriði ársreikningsHagnaður fyrir óinnleysta fjármagnsliði nam 138,7 milljónum USD (17,6 ma.kr.), en var 176,0 milljónir USD árið áður og lækkar því um  21,2% milli ára. Hagnaður ársins var 78,6 milljónir USD (10,0 ma.kr.) en var 114,9 milljónir USD árið áður.Rekstrartekjur námu 453,5 milljónum USD (57,6 ma.kr.) og lækka um 56,1 milljón USD (11,0%) frá árinu áður.Nettó skuldir lækkuðu um 15,7 milljónir USD (2,0 ma.kr.) milli ára og voru í árslok 1.675,8 milljónir USD (212,8 ma.kr.). Vaxtagjöld lækka um 11,9 milljónir USD (1,5 ma.kr.) milli ára.Handbært fé frá rekstri nam 234,1 milljón USD (29,7 ma.kr.) sem er 20,9% lækkun frá árinu áður.Hörður Arnarson, forstjóri:„Rekstur og afkoma Landsvirkjunar árið 2020 lituðust óhjákvæmilega af áhrifum heimsfaraldursins, sem hafði mikil áhrif á efnahagslífið...