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Day: June 10, 2021

CVR Energy Finalizes Special Dividend, Determines Cash Distribution Payable to CVR Energy Stockholders

SUGAR LAND, Texas, June 10, 2021 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced that it has determined the amount of cash per share of its common stock to which each of its stockholders is entitled in connection with the previously announced special dividend of $492 million, to be paid in a combination of cash (the “Cash Distribution”) and the common stock of Delek US Holdings, Inc. (“Delek”) held by the Company (the “Stock Distribution”). The Company will distribute an aggregate amount of approximately $242 million, or $2.40 per share of the Company’s common stock, pursuant to the Cash Distribution and 10,539,880 shares of Delek common stock, which represented approximately 14.3% of the outstanding shares of Delek common stock, pursuant to the Stock Distribution. The Stock Distribution...

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WSFS and BMTC Receive Stockholder Approval to Combine

WILMINGTON, Del. and BRYN MAWR, Pa., June 10, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company. “Stockholder approval from both companies is another milestone in our combination that will make WSFS one of the only banks headquartered in the region with local market knowledge, local decision-making, a balance sheet to compete with the larger banks, and a full-service product suite, including a premier wealth business,” said Rodger Levenson, WSFS’ Chairman, President and CEO. Subject to required regulatory approvals and the satisfaction of other conditions, the parties expect to close the merger in...

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Freddie Mac Prices $1 Billion Multifamily K-Deal, K-129

MCLEAN, Va., June 10, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1 billion in K Certificates (K-129 Certificates), which are expected to settle on or about June 17, 2021. K-129 PricingClass Principal/NotionalAmount (mm) Weighted AverageLife (Years) Spread(bps) Coupon Yield Dollar PriceA-1 $151.250 7.49 S+9 1.34200% 1.33402% $99.9936A-2 $782.874 9.74 S+10 1.91400% 1.57343% $102.9919A-M $122.836 9.94 S+15 1.64700% 1.64066% $99.9995X1 $934.124 9.09 T+50 1.05019% 1.87375% $8.7840XAM $122.836 9.69 T+45 1.22457% 1.88738% $11.0292X3 $85.700 9.73 T+225 3.17157% 3.69222% $26.0921DetailsCo-Lead...

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Photo Release — WSFS and BMTC Receive Stockholder Approval to Combine

WSFS + BMTWSFS Financial Corporation to Combine with Bryn Mawr Bank CorporationWILMINGTON, Del. and BRYN MAWR, Pa., June 10, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company. “Stockholder approval from both companies is another milestone in our combination that will make WSFS one of the only banks headquartered in the region with local market knowledge, local decision-making, a balance sheet to compete with the larger banks, and a full-service product suite, including a premier wealth business,” said Rodger Levenson, WSFS’ Chairman, President and CEO. Subject to required regulatory...

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Viemed Healthcare Announces Voting Results From Its Annual & Special Meeting of Shareholders

LAFAYETTE, La., June 10, 2021 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (TSX:VMD.TO and NASDAQ:VMD), a home medical equipment supplier and the nation’s largest independent provider of ventilation that provides post-acute respiratory care services, today announced the voting results from its annual and special meeting of shareholders held on June 10, 2021 (the “Meeting”) in Lafayette, Louisiana. The total number of shares represented in person or by proxy at the Meeting was 25,380,544, representing 64.13% of the total issued and outstanding shares in the capital of the Company. Election of Directors The eight candidates nominated for election to the Company’s Board of Directors (the “Board”) and listed in the Company’s management information and proxy circular dated April 30, 2021 (the “Circular”), were...

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One Liberty Properties Announces Dividend and Resumption of Dividend Reinvestment Plan

GREAT NECK, N.Y., June 10, 2021 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable July 9, 2021 to stockholders of record on June 25, 2021.   This dividend represents One Liberty’s 114th consecutive quarterly dividend. The Company has also resumed its dividend reinvestment plan effective with the current dividend payment. The discount applicable to shares purchased pursuant to this plan is 3%. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health...

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Eargo Appoints Katie Bayne to Board of Directors

28-year Coca-Cola Executive and Global Brand Builder Joins Effective June 9, 2021Katie BayneKatie BayneSAN JOSE, Calif., June 10, 2021 (GLOBE NEWSWIRE) — Eargo, Inc. (Nasdaq: EAR), a medical device company on a mission to improve the quality of life of people with hearing loss, today announced the appointment of Katie Bayne to its Board of Directors, effective June 9, 2021. Ms. Bayne will serve as a member of the Nominating and Corporate Governance Committee. The appointment of Ms. Bayne fills the seat vacated by Juliet Tammenoms Bakker, following her resignation from the Board on June 9, 2021. Christian Gormsen, President and CEO, said, “We are incredibly fortunate to welcome Katie to the Eargo team. She is exceptionally qualified and brings decades of experience building one of the most recognizable brands in...

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Mercury Systems Receives Two Prestigious Cogswell Awards from U.S. Defense Counterintelligence and Security Agency

Company’s fifth and sixth awards recognize excellence and innovation in security program management ANDOVER, Mass., June 10, 2021 (GLOBE NEWSWIRE) — Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced that its Cypress, Calif. and West Caldwell, N.J. facilities each received a 2021 James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Defense Counterintelligence and Security Agency (DCSA). Mercury’s Andover, Mass.; Hudson, N.H.; Phoenix, Ariz.; and West Lafayette, Ind. facilities have also previously received Cogswell awards, bringing the total to six awards the Company has received to date. The award recognizes industrial security excellence and is the highest honor the DCSA bestows to cleared industry...

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Oil-Dri Announces Appointment of Amy L. Ryan to its Board of Directors and Increases Dividends for 18th Year in a Row

CHICAGO, June 10, 2021 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC) announced that effective June 9, 2021, Amy Ryan has been appointed to its Board of Directors. Ms. Amy Ryan graduated from University at Albany in 2003 with a Bachelor of Science in Earth and Atmospheric Science and earned a Master’s degree in Business Management from Harvard University in 2020. Ms. Ryan began her nearly 20-year career in Environmental, Social, & Governance (ESG) through Risk Management and Environmental Health & Safety compliance roles. From 2004-2018, Ms. Ryan held various environmental management positions within large consultancy firms such as ERM and WSP (formerly The Louis Berger Group) in addition to Corporate EHS and Operational Excellence roles at Aramark Corporation. For over a decade, Ms. Ryan led industry agnostic...

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Bondholders plan to waive the temporary financial covenant failure and have signed a standstill letter

AS Pro Kapital Grupp (the “Company”) has published interim report of the 1st quarter 2021, in which it has written-off receivables from its subsidiary AS Tallinna Moekombinaat (“TMK”) as a result of TMK’s bankruptcy proceedings. The Company is, due to this, in temporary failure to meet its financial covenants (the “Covenant Failure”) under its senior secured callable fixed rate bonds 2020/2024 with ISIN SE0013801172 (the “Bonds”). The Estonian Supreme Court’s decision dated 26 April 2021 has led to a termination of TMK’s reorganisation proceedings and the start of bankruptcy proceedings regarding TMK. As a result, a retroactive write-off of TMK’s direct parent company’s, AS Pro Kapital Eesti, receivables in TMK as of 31 December 2020 took place, which in turn led the Company to a situation where it has been in breach of its special undertaking...

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