Bavarian Nordic Assists Public Health England in Response to New Cases of Monkeypox

Written by Customer Service on June 11, 2021. Posted in Public Companies.

COPENHAGEN, Denmark, June 11, 2021 – Bavarian Nordic A/S (OMX: BAVA) announced today that the Company was recently engaged by Public Health England (PHE) and the Medicines and Health Products Regulatory Agency (MHRA) to supply its IMVANEX® smallpox vaccine in response to new cases of monkeypox in the UK. Two related cases were confirmed and admitted to a hospital in Liverpool. One was most likely infected in Africa, where the family arrived from a few days before onset of disease, and a sibling case most likely infected on UK soil by the first case. Monkeypox is a rare, but serious disease, which is endemic in Central and West Africa. The disease is quite similar to human smallpox, although it is less severe with an estimated fatality rate of 1-10%. IMVANEX (MVA-BN) is approved by the European Commission for active immunization against...

Profit warning: Consti Plc lowers its guidance for 2021 as a result of the arbitral tribunal’s award

Written by Customer Service on June 11, 2021. Posted in Public Companies.

CONSTI PLC STOCK EXCHANGE RELEASE 11 JUNE 2021, at 8.10 p.m. Profit warning: Consti Plc lowers its guidance for 2021 as a result of the arbitral tribunal’s award Consti Plc’s subsidiary Consti Korjausrakentaminen Oy has received an arbitral award from the arbitral tribunal in the dispute between Consti Korjausrakentaminen Oy and Kiinteistö Oy Yrjönkatu 13 which relates to the construction project for Hotel St. George carried out by Consti Korjausrakentaminen Oy between years 2015-2018. The arbitral tribunal ordered Kiinteistö Oy Yrjönkatu 13 to compensate Consti Korjausrakentaminen Oy approximately EUR 0.7 million added with penalty interest for the project work and Consti Korjausrakentaminen Oy to compensate Kiinteistö Oy Yrjönkatu 13 EUR 0.9 million added with penalty interest for delay and other compensations. Furthermore, the arbitral...

Iceland Seafood International hf completes a private placement of 4 years unsecured bond

Written by Customer Service on June 11, 2021. Posted in Public Companies.

Iceland Seafood has concluded a private placement of 4 years unsecured bond in the new series ICESEA 25 06. Total amount of the placement is ISK 3.400 million (approx. €23.1m) at a fixed rate of 5.65%. The bond has semiannually interest payments, balance will be paid in one installment at 21.6.2025. The bond is scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks. Since the listing of Iceland Seafood’s shares on the Nasdaq main market in 2019, the company has actively used the capital market for supporting both organic and acquisitive growth. The company has raised new capital both in the form of equity and debts. Important step was taken with issuance of 6 months bills, which started in September 2019. This bond issuance is another important step where the company has secured a long term unsecured funding...

First Midwest Bank and 101.9 The Mix Announce Inspiring Women in Business Award Winner

Written by Customer Service on June 11, 2021. Posted in Public Companies.

CHICAGO, June 11, 2021 (GLOBE NEWSWIRE) — First Midwest Bank and 101.9 THE MIX are pleased to announce that Shantenekia Phillips, owner of Alabasta Wellness Boutique & Salon in Oak Park, Illinois, has taken the top prize in the 2021 Inspiring Women in Business contest, a program that recognizes and celebrates women-owned businesses in Illinois, Iowa, Indiana, and Wisconsin. Phillips received $5,000 to invest in her business and another $5,000 to donate to a local nonprofit organization of her choice, which was Bag Lady Outreach. “Women entrepreneurs own four out of every 10 businesses in the United States and contribute so much to the vibrancy and economic well-being of our communities.” said Cheri Rubocki, Director of Branch Banking at First Midwest Bank. “Shan is a true example of how women business owners are making a positive...

Icelandair Group hf.: Share Purchase Agreement regarding the sale of Iceland Travel

Written by Customer Service on June 11, 2021. Posted in Public Companies.

Icelandair Group has today signed a share purchase agreement with Nordic Visitor regarding the sale of 100% stake in Iceland Travel with Alfa Framtak as Nordic Visitor’s financial sponsor. The sale is subject to general conditions such as approval from the Competition Authorities. Delivery of shares will take place when these conditions have been fulfilled. The enterprise value of Iceland Travel amounts to ISK 1,400 million of which ISK 350 million are subject to certain performance metrics over the years 2022 and 2023. The purchase price will be adjusted according to position of net debt and net working capital at time of closing of the transaction. Current net debt of Iceland Travel is negligible. Iceland Travel has been a leading travel company, tour operator and destination management company in Iceland tracing its roots to 1937. Iceland...

Zynerba Pharmaceuticals Presents Sleep Data from Study of Zygel™ in Children and Adolescents with Both Developmental and Epileptic Encephalopathies (DEE) and Autism Spectrum Disorder (ASD) at the Associated Professional Sleep Societies SLEEP 2021 Annual Meeting

Written by Customer Service on June 11, 2021. Posted in Public Companies.

DEVON, Pa., June 11, 2021 (GLOBE NEWSWIRE) — Zynerba Pharmaceuticals, Inc. (Nasdaq: ZYNE), the leader in innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders, presented a poster today at SLEEP 2021, the 35th Annual Meeting of the Associated Professional Sleep Societies, LLC. A copy of the poster is available on the Zynerba corporate website at http://zynerba.com/publications/. The poster titled “Impact of ZYN002 Cannabidiol Transdermal Gel on Sleep in Children and Adolescents with Developmental and Epileptic Encephalopathies and Comorbid Autism Spectrum Disorder,” shows that in an open-label Phase 2 trial with patients with developmental and epileptic encephalopathies (DEE), treatment with Zygel™ was associated with improved sleep in children with clinically significant...

Extended Stay America Shareholders Vote to Approve Transaction With Blackstone and Starwood Capital

Written by Customer Service on June 11, 2021. Posted in Mergers And Acquisitions.

CHARLOTTE, N.C., June 11, 2021 (GLOBE NEWSWIRE) — Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (NASDAQ: STAY) today announced that preliminary results show holders of a majority of its shares have voted in favor of the previously announced amended merger agreement under which the company will be acquired by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital for $20.50 per paired share in cash. The results of the vote are preliminary and are subject to certification by the independent inspector of election. Extended Stay intends to disclose the final voting results on a Form 8-K to be filed with the Securities Exchange and Commission as soon as possible following such certification. The closing...

Madison Investments Completes Acquisition of Reinhart Fixed Income

Written by Customer Service on June 11, 2021. Posted in Mergers And Acquisitions.

MADISON, Wis., June 11, 2021 (GLOBE NEWSWIRE) — Madison Investments Holdings, Inc. (Madison Investments), an independent investment management firm, today announced it has completed the acquisition of the Milwaukee-based Reinhart Fixed Income Team, fixed income investment strategies and clients. At close, this added approximately $4.6 billion in assets to Madison Investments’ growing investment management business. This acquisition was previously announced in March 2021. “We continue to execute on our vision to maintain and improve our standing as an industry leader in the money management business while providing an outstanding client experience,” said Steve Carl, Principal, Chief Distribution Officer for Madison Investments. The acquisition completed today increased Madison Investments total assets to approximately $23 billion...

Valneva Announces Termination of Liquidity Contract with Oddo BHF and Natixis and Publishes End of Contract Statement

Written by Customer Service on June 11, 2021. Posted in Public Companies.

Saint-Herblain (France), June 11, 2021 – Valneva SE (“Valneva” or “the Company”), a specialty vaccine company focused on the development and commercialization of prophylactic vaccines for infectious diseases with significant unmet medical need, announces today that it has terminated the liquidity agreement relating to its ordinary shares concluded with Oddo BHF and Natixis on June 25, 2018, as the liquidity of the Company’s securities has improved. The termination is effective as of today. The following assets were booked on the liquidity account on the termination date: 4 025 Valneva shares €556,103.17 in cash From January 1, 2021 to June 11, 2021 the following transactions were executed: 297 buy-side transactions 408 sell-side transactions During the same period, the traded volume represented: Buy-side traded volume: 102,749 shares...

New pension scheme agreement reached for ground staff KLM

Written by Customer Service on June 11, 2021. Posted in Public Companies.

Roissy, June 11, 2021 New pension scheme agreement reached for ground staff KLM, KLM Ground pension fund now also a Defined Contribution Scheme Following the earlier conversion of KLM pension schemes into collective defined contribution schemes for Cockpit and Cabin staff in 2017, now also an agreement has been reached for the KLM Ground staff fund. This implies that all major KLM pension funds now (finally) have a collective defined contribution scheme. This will lead to more predictable annual contributions and less volatility on the Balance Sheet. A shift fully in line with the general trend in The Netherlands. KLM and the five Dutch ground unions in KLM reached an agreement allowing the modification of the ground’s pension scheme as per January 2021. This formal agreement between KLM and the Board of the KLM Ground pension fund has...

Day: June 11, 2021

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