Day: May 17, 2021

Today, Iceland Seafood signed a Letter of Intent (“LOI”) with the shareholders of Ahumados Dominguez (ADSA, the Company) to acquire 80% of the share capital of the company.  The remaining 20% will be held by Pedro Mestanza, the Managing Director of the business, who will continue to lead the company post acquisition.  The Company’s sales in 2020 were €19.3m, EBITDA  €1.7m and PBT of €1.2m.  Ahumados Dominguez is a retail-oriented company with a strong brand and consumer recognition in the smoked salmon sector in Spain.  The Ahumados Dominguez brand is known for its premium quality.  The proposed acquisition will strengthen Iceland Seafood’s proposition in the Spanish retail market, as well as creating opportunities to utilize the platform Ahumados Dominguez has for selling high quality cod products from Iceland.  With the acquisition,...

Global Bioenergies: production scale-up Successful first full-scale fermenter run: 180 m3 Transfer of main units from the Leuna demo plant to the Pomacle facility Launch of value chain as of 2022 Paris, 17 May 2021 – Global Bioenergies has taken a major step towards scaling up its isobutene bio-production process and is setting up a new supply chain to sell high value-added ingredients to cosmetics sector players from 2022. Global Bioenergies recently announced the upcoming launch of its very own cosmetics brand called LAST®, the key ingredient of which is renewable isododecane. For the first time, renewable isododecane makes it possible to combine a high level of naturalness with longwear, waterproof and transfer-resistant performances. Marc Delcourt, co-founder and CEO of Global Bioenergies, explained: “We will provide clear evidence...

Kenmare Resources plc (“Kenmare” or “the Company”) 17 May 2021 Report on payments to governments 2020 Introduction This report details payments to governments made by Kenmare Resources plc (the “Company”) and its subsidiary undertakings (the “Group”) for the financial year ended 31 December 2020. This report has been prepared in accordance with the requirements of Part 2A of the Transparency (Directive 2004/109/EC) Regulations, 2007 (as amended) (“Part 2A”), Part 26 of the Companies Act 2014 (“Part 26”) and rule DTR 4.3A of the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (“DTR 4.3A”). Part 2A and Part 26 enact in Ireland domestic rules in line with Directive 2013/34/EU (the “EU Accounting Directive (2013)) and apply to large Irish incorporated companies, like the Company, that are involved in the exploration,...

ST. LOUIS, May 17, 2021 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C. (“New Mountain”) acquired all outstanding shares of Aegion for $30.00 per share in cash. As a result of the transaction, Aegion has become a private company and its common stock will no longer be listed for trading on the Nasdaq stock market. Robert (Rob) M. Tullman has been appointed President and Chief Executive Officer of Aegion Corporation, effective May 18, 2021, following the planned retirement of outgoing President and Chief Executive Officer Charles R. Gordon. Mr. Tullman commented, “The completion of this transaction represents the exciting...

Decision not to review Federal Circuit July 2020 ruling continues to prevent Sandoz launch of more affordable Erelzi treatment option for US patientsSandoz is disappointed US patients affected by chronic autoimmune and inflammatory disease have to wait until 2029 for availability of biosimilar ErelziSandoz remains committed to pioneering access for patients and contributing to more sustainable healthcare by launching biosimilar and generic medicinesBasel, Switzerland, May 17, 2021 – Sandoz, a global leader in biosimilar and generic medicines, today announced that the US Supreme Court has denied its petition to review the Federal Circuit’s July 2020 decision concerning the Sandoz biosimilar Erelzi® (etanercept-szzs) for reference medicine Enbrel®* (etanercept). The Federal Circuit previously ruled against Sandoz in a divided decision...

THE WOODLANDS, Texas, May 17, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced that the Company will be presenting at the 14th Annual J.P. Morgan Homebuilding & Building Products Conference to be held virtually on May 19, 2021 at 9:45 AM Eastern Daylight Time (EDT). A link to the live webcast will be provided through the Investors section of the Company’s website at www.lgihomes.com under Events and Presentations as well as directly at https://jpmorgan.metameetings.net/events/homebuilding21/sessions/38021-lgi-homes-inc/webcast?gpu_only=true&kiosk=true Participants are encouraged to access the webcast event page at least ten minutes before the live event for the audio link and any accompanying materials. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design,...

TORONTO and HERZLIYA, Israel, May 17, 2021 (GLOBE NEWSWIRE) — InterCure Ltd. (TSX: INCR:U, TASE: INCR)(dba Canndoc)(“Intercure” or the the “Company”) today reported financial results for the first quarter of 2021. All amounts are expressed in New Israeli Shekels (NIS), unless otherwise noted. First Quarter 2021 Financial HighlightsRecord revenue of NIS 33.1 million (CAD 12.2 million), 8 times greater than Q1 2020 and an increase of more than 22% compared to Q4 2020; EBITDA for the first quarter was NIS 9.5 million (CAD 3.5 million), and NIS 10.1million(CAD 3.7 million) for the cannabis sector. This represents an annual run rate of over NIS 40 million (CAD 15 million), a significant increase year over year, driven by revenue growth, improvement in gross profit and operating profit; Positive cash flow from operations...

ORO VALLEY, Ariz., May 17, 2021 (GLOBE NEWSWIRE) — Tautachrome (OTC: TTCM), the developer of the ARknet platform, today announced the creation of a partnership with Kompendium LLC for the integration of Non-Fungible Tokens (NFT) and NFT-related services into the ARknet platform. Kompendium is a specialized software development company providing Blockchain-related business solutions in identity, data assurance, tokenization, and service integration. Kompendium Director Jason K. Gregoire commented, “ARknet’s innovative augmented-reality platform is uniquely suited to leverage many of blockchain technology’s most empowering and beneficial features. Integrating such services using leading-edge technologies like the Factom Protocol will significantly expand the ways in which ARknet can deliver value to its individual users, and numerous...

Growth, Customer Responsiveness Drive Expansion OVERLAND PARK, Kan., May 17, 2021 (GLOBE NEWSWIRE) — (NASDAQ: YELL) Yellow is growing its industry-centric sales verticals with the creation of a new Oil, Gas and Energy vertical, and Melissa Pfitzer has joined the sales team as Vice President – Strategic Accounts to lead new business growth. In addition, the Company has reorganized key verticals to align with sales strategy and strong customer service. In addition to the new Oil, Gas and Energy vertical, the Manufacturing, Automotive and Aerospace vertical now includes Aerospace, with an expanded focus on customers in the aerospace industry. Yellow’s sales strategy also includes Retail, Consumer Goods and Ecommerce; Government and Defense; and Healthcare and Life Sciences and 3PL verticals. “Since we launched our verticals in February...