Savaria Successfully Completes its Offer to Acquire Handicare Group AB

Written by Customer Service on March 4, 2021. Posted in Public Companies.

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IT IS NOT AN OFFER TO BUY OR SOLICITATION OF OFFERS TO BUY ANY SECURITIES. INFORMATION REGARDING THE OFFER TO THE SHAREHOLDERS OF HANDICARE GROUP AB AS ANNOUNCED IN A SEPARATE PRESS RELEASE IS AVAILABLE ONLY TO SHAREHOLDERS IN CERTAIN PERMITTED JURISDICTIONS. NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.LAVAL, Québec, March 04, 2021 (GLOBE NEWSWIRE) — Savaria Corporation (TSX: SIS) (“Savaria” or the “Corporation”), a global leader in the accessibility industry, is pleased to announce the successful completion of its recommended cash offer to acquire all of the issued and outstanding shares of Handicare Group AB (STO:HANDI) (“Handicare”) for SEK50.00 per share (the “Offer”). Following the conclusion of the acceptance period under the Offer,...

Savaria conclut avec succès son offre d’acquisition de Handicare Group AB

Written by Customer Service on March 4, 2021. Posted in Public Companies.

CETTE ANNONCE EST UNIQUEMENT POUR INFORMATION ET N’EST PAS UNE OFFRE D’ACHAT NI UNE SOLLICITATION D’OFFRES D’ACHAT DE TITRES. LES INFORMATIONS RELATIVES À L’OFFRE AUX ACTIONNAIRES DE HANDICARE GROUP AB, TEL QU’ANNONCÉ DANS UN COMMUNIQUÉ DE PRESSE SÉPARÉ, SONT DISPONIBLES UNIQUEMENT AUX ACTIONNAIRES DANS CERTAINES JURIDICTIONS AUTORISÉES. NE PAS DIFFUSER AUX ÉTATS-UNIS ET NE PAS DISTRIBUER AUX SERVICES DE FILS DE PRESSE DES ÉTATS-UNIS.LAVAL, Québec, 04 mars 2021 (GLOBE NEWSWIRE) — Savaria Corporation (TSX: SIS) (« Savaria » ou la « Société »), un chef de file mondial de l’industrie de l’accessibilité, a le plaisir d’annoncer qu’elle a conclu avec succès son offre recommandée en espèces pour acquérir toutes les actions émises et en circulation de Handicare Group AB (STO : HANDI) (« Handicare ») pour 50,00 SEK par action...

Martinrea International Inc. Announces Ed Waitzer as New Director

Written by Customer Service on March 4, 2021. Posted in Public Companies.

TORONTO, March 04, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) (“Martinrea” or the “Company”) announced Ed Waitzer has joined its board of directors. Mr. Waitzer was appointed at the Company’s board meeting earlier today.Mr. Waitzer is a recognized leading corporate counsel, with an outstanding record of service, leadership, public policy and business experience, over a long and distinguished career. Now an independent law practitioner, he practised with Stikeman Elliott LLP for almost four decades, including as head of the firm’s New York office and as Chair of the firm. His practice has focused on complex business transactions and advising in respect of various public policy and governance matters. Mr. Waitzer is former Chair of the Ontario Securities Commission and former Vice President, Listings and Distributions...

Graybug Vision Announces Full Year 2020 Financial Results and Recent Corporate Developments

Written by Customer Service on March 4, 2021. Posted in Public Companies.

REDWOOD CITY, Calif., March 04, 2021 (GLOBE NEWSWIRE) — Graybug Vision, Inc. (Nasdaq: GRAY), a clinical-stage biopharmaceutical company focused on developing transformative medicines for the treatment of diseases of the retina and optic nerve, today provided an update on recent corporate developments and reported financial results for the full year ended December 31, 2020.“We are very pleased with Graybug’s achievements in 2020. Amidst a challenging pandemic, we completed our initial public offering and advanced our lead product candidate GB-102 in retinal disease through the treatment phase of its Phase 2b ALTISSIMO trial in wet age-related macular degeneration (wet AMD). I am excited to share that we are now on track to report topline data from our ALTISSIMO trial by the end of this month,” said Frederic Guerard, PharmD, Chief...

Martinrea International Inc. Reports Full-Year Results and Record Fourth-Quarter Earnings, and Declares Dividend

Written by Customer Service on March 4, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, March 04, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the year and fourth quarter ended December 31, 2020 and that it has declared a quarterly cash dividend of $0.05 per share.HIGHLIGHTSFourth Quarter 2020Total sales of $1,071.0 million; production sales of $982.3 millionFourth quarter diluted net earnings per share of $0.56Record fourth quarter adjusted diluted net earnings per share(1) of $0.55Balance sheet continues to be strong; net debt(1):adjusted EBITDA(1) ratio (excluding impact of IFRS 16) of 2.11x and 1.6x for bank covenant purposes, excluding second quarter...

LPL Financial Announces Pricing of Senior Unsecured Notes Offering

Written by Customer Service on March 4, 2021. Posted in Public Companies.

SAN DIEGO, March 04, 2021 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”), has priced its offering of $900 million in aggregate principal amount of senior unsecured notes (the “senior notes”). In addition, LPL Holdings secured commitments to increase the size of its revolving credit facility from $750 million to $1,000 million and extend the maturity date of the revolving credit facility from 2024 to 2026 (the “credit agreement amendment”). As previously announced, LPL Holdings intends to use the net proceeds from the senior notes offering, together with cash available for corporate use, to redeem its existing $900 million of senior unsecured notes due 2025 (the “2025 Notes”) and to pay fees and expenses related to the senior notes...

Diversified Royalty Corp. Announces March 2021 Cash Dividend

Written by Customer Service on March 4, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, March 04, 2021 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of March 1, 2021 to March 31, 2021, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on March 31, 2021 to shareholders of record as of the close of business on March 15, 2021.About Diversified Royalty Corp.DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.DIV currently owns the Mr....

Tree Island Steel Announces Full Year 2020 Results

Written by Customer Service on March 4, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, March 04, 2021 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the three month and year ended December 31, 2020.For the three‐month period ended December 31, 2020, revenues increased by $9.1 million to $54.2 million, from higher volumes shipped across all market segments. Gross profit for the fourth quarter increased to $6.6 million, from $3.5 million in the same period in 2019, as a result of increased sales volumes, operating leverage from increased volumes, and cost management. EBITDA amounted to $4.5 million, compared to $0.6 million during the same period in 2019.For the year ended December 31, 2020, revenues increased by $15.5 million to $215.9 million when compared to 2019. The increase is primarily...

Reviva Pharmaceuticals to Present at the H.C. Wainwright Global Life Sciences Conference

Written by Customer Service on March 4, 2021. Posted in Public Companies.

CUPERTINO, Calif., March 04, 2021 (GLOBE NEWSWIRE) — Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) (along with its subsidiaries, “Reviva”) today announced that its wholly owned subsidiary Reviva Pharmaceuticals, Inc., a clinical-stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central nervous system (CNS), cardiovascular, metabolic, and inflammatory diseases, will present at the H.C. Wainwright Global Life Sciences Conference, which is being held virtually March 9-10, 2021. A pre-recorded presentation will be available on-demand through the H.C. Wainwright conference portal, starting at 7 a.m. ET on Tuesday, March 9, 2021. About RevivaReviva is a clinical stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central...

Hamilton Lane Alliance Holdings I, Inc. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing March 5, 2021

Written by Customer Service on March 4, 2021. Posted in Public Companies.

BALA CYNWYD, Pa., March 04, 2021 (GLOBE NEWSWIRE) — Hamilton Lane Alliance Holdings I, Inc. (Nasdaq: HLAHU) (the “Company”) announced that, commencing March 5, 2021, holders of the units sold in the Company’s initial public offering of 27,600,000 units, may elect to separately trade the shares of Class A common stock and redeemable warrants included in the units. Those units not separated will continue to trade on the Nasdaq Stock Market (“Nasdaq”) under the symbol “HLAHU,” and the shares of Class A common stock and redeemable warrants that are separated will trade on Nasdaq under the symbols “HLAH” and “HLAHW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company,...

Day: March 4, 2021

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