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Month: February 2021

SMCP – Share buyback program

Press release – Paris, February 4, 2021Implementation of a share buyback programAt its meeting on December 17, 2020, the board of Directors of SMCP decided, in accordance with the 18th resolution approved by the Shareholders’ Meeting on June 4, 2020, to authorize the Group to implement a share buyback program.In accordance with this authorization, a mandate was granted to an investment services provider to purchase from February 4, 2021 and for a period ending on April 2, 2021 a maximum of 415 000 shares (corresponding to 0.55% of SMCP’s share capital) for a purchase price that cannot exceed the maximum price set by the 18th resolution.The purpose of the share buyback program is to cover its long-term incentive programs (LTIP), as was the case for the first share buyback program carried out in the second half of 2019.ABOUT SMCPSMCP...

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SMCP – Programme de rachat d’actions

Communiqué de presse – Paris, le 4 février 2021Mise en œuvre d’un programme de rachat d’actionsLe conseil d’administration de SMCP, réuni le 17 décembre 2020, a décidé, en application de la 18ème résolution de l’assemblée générale mixte du 4 juin 2020, d’autoriser le Groupe à mettre en œuvre un programme de rachat de ses propres actions.En application de cette autorisation, un mandat a été confié à un prestataire de services d’investissement afin de procéder à des achats d’actions de la société SMCP SA à partir du 4 février 2021 et pour une période allant jusqu’au 2 avril 2021 pour un volume maximum de 415 000 titres (correspondant à 0,55% du capital de SMCP) à un prix qui ne pourra pas excéder le prix maximum fixé par la 18ème résolution.Le programme de rachat d’actions est destiné à couvrir son plan d’attribution d’actions gratuites...

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Statement re Update on Hypertension Pilot Programme

DXS INTERNATIONAL PLC(AQSE: DXSP)Update on Hypertension Pilot ProgrammeDXS International plc (“DXS”, the “Company”), the digital clinical decision support Company, is pleased to update shareholders on its ExpertCare hypertension solution pilot programme.Managing patients on medication for hypertension is complex, exacerbated by the fact that more than 60% of hypertensives have one or more comorbidity such as Diabetes, Atrial Fibrillation, or COPD. While UK guidelines on how to treat this exist, getting the medicines combination and dosages correct for all hypertensive patients is extremely difficult for busy clinicians.DXS has invested five years and over £1.5 million creating ExpertCare which is able to analyse and interpret a patient’s electronic record and instantly present prescribing recommendations. There are...

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Correction: EMGS: Reports fourth quarter 2020 results

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the fourth quarter of 2020 are attached. Highlights: * The Company recorded revenues of USD 4.0 million, down from USD 37.2 million in the fourth quarter of 2019 and up from USD 2.1 million in the third quarter of 2020. * As of 2 February 2021, USD 7.3 million held in a pledge account has been released and is now moved from restricted cash to cash and cash equivalents.  EMGS expect, upon reaching certain conditions, to issue a time-limited guarantee, secured by cash in a pledged account, in the amount of approximately USD 3.6 million. * Subsequent to the end of the fourth quarter 2020, EMGS received payment in the amount of USD 3.9 million related to significantly past due receivables totalling USD 5.0 million as of 31 December 2020.  Correction:...

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Senior Investment Director Chris Bischoff leaves Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that Senior Investment Director Chris Bischoff has decided to leave Kinnevik to take up a role as a Managing Director at General Catalyst. Chris will continue to represent Kinnevik on selected company boards.Chris Bischoff joined Kinnevik in 2013 and during his time with Kinnevik has focused on the international investment activities, including leading the investments within Kinnevik’s successful healthcare portfolio, supported the formation of a strong sector focused investment team and leading the London office. Chris will leave Kinnevik during the second quarter, but he will continue to represent Kinnevik on selected company boards. Kinnevik has partnered with General Catalyst on multiples investments including Livongo and Cityblock and will continue to seek out opportunities to...

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Senior Investment Director Chris Bischoff lämnar Kinnevik

Kinnevik AB (publ) (“Kinnevik”) meddelade idag att bolagets Senior Investment Director Chris Bischoff kommer att lämna Kinnevik för en roll som Managing Director på General Catalyst. Chris kommer att fortsätta att representera Kinnevik i ett antal utvalda bolagsstyrelser.Chris Bischoff började på Kinnevik 2013 och har under sin tid på Kinnevik fokuserat på internationella investeringar. Han har bland annat lett investeringarna inom vår framgångsrika portfölj av hälsovårdsbolag, varit del i att bygga upp ett starkt sektorfokuserat investeringsteam och varit ansvarig för Londonkontoret. Chris kommer att lämna Kinnevik under andra kvartalet, men fortsätta att representera Kinnevik i ett antal utvalda bolagsstyrelser. Kinnevik har samarbetat med General Catalyst i ett antal investeringar, inklusive Livongo och Cityblock, och kommer...

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ROYAL DUTCH SHELL PLC FOURTH QUARTER 2020 INTERIM DIVIDEND

The Hague, February 4, 2021 – The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today announced an interim dividend in respect of the fourth quarter of 2020 of US$ 0.1665 per A ordinary share (“A Share”) and B ordinary share (“B Share”).The Board expects that the first quarter 2021 interim dividend will be set at US$ 0.1735 per share, an increase of around 4% over the US dollar dividend for the fourth quarter 2020. The first quarter 2021 interim dividend is scheduled to be announced on April 29, 2021.Details relating to the fourth quarter 2020 interim dividendIt is expected that cash dividends on the B Shares will be paid via the Dividend Access Mechanism and will have a UK source for UK and Dutch tax purposes.Cash dividends on A Shares will be paid, by default, in euros, although holders of A Shares will be able to elect...

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Altera Infrastructure Reports Fourth Quarter and Annual 2020 Results

ABERDEEN, United Kingdom, Feb. 04, 2021 (GLOBE NEWSWIRE) — Altera Infrastructure GP LLC (Altera GP), the general partner of Altera Infrastructure L.P. (Altera or the Partnership), today reported the Partnership’s results for the quarter ended December 31, 2020.Revenues of $278.7 million and a net loss of $73.0 million, or $0.20 per common unit, in the fourth quarter of 2020Adjusted EBITDA(1) of $142.2 million in the fourth quarter of 2020The following table presents the Partnership’s Consolidated Financial Summary:The Partnership generated a net loss of $73 million for the three months ended December 31, 2020, compared to a net loss of $9 million for the three months ended December 31, 2019. Results were impacted by reduced revenue contribution from certain FPSO and FSO vessels, the impact of lower fair value changes on financial...

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ROYAL DUTCH SHELL PLC FOURTH QUARTER 2020 PRESS RELEASE

The Hague, February 4, 2021“2020 was an extraordinary year. We have taken tough but decisive actions and demonstrated highly resilient operational delivery while caring for our people, customers and communities. We are coming out of 2020 with a stronger balance sheet, ready to accelerate our strategy and make the future of energy. We are committed to our progressive dividend policy and expect to grow our US dollar dividend per share by around 4% as of the first quarter 2021.” Royal Dutch Shell Chief Executive Officer, Ben van BeurdenSTRONG OPERATIONAL DELIVERY IN AN EXTRAORDINARY YEARResilient financial results, with sector-leading cash generation. Net debt reduced by $4 billion to $75 billion during 2020.Exceeded cash preservation targets set in March 2020:Cash capex decisively reduced to $18 billion in 2020, from $24 billion in 2019,...

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PGS ASA: Q4 and Preliminary Full Year 2020 Results

Takeaways 2020Segment Revenues and Other Income of $595.9 million, compared to $880.1 million in 2019Segment EBITDA of $397.7 million, compared to $556.1 million in 2019Segment EBIT (excluding impairments and other charges) of $12.2 million, compared to $96.4 million in 2019Segment MultiClient pre-funding revenues of $218.6 million, with a corresponding pre-funding level of 98%, compared to $256.5 million and 105%, respectively, in 2019Cash flow from operations of $366.5 million, compared to $474.3 million in 2019 As Reported revenues and Other Income according to IFRS of $512.0 million and an EBIT loss of $188.0 million, compared to $930.8 million and EBIT of $54.6 million, respectively, in 2019Impairment charge of $108.4 million in 2020 relating to stacked vessels and a higher estimated weighted average cost of capital used for impairment...

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