Month: June 2021

BOSTON, June 22, 2021 (GLOBE NEWSWIRE) — Catastrophe modeling firm AIR Worldwide announced that it has updated its Terrorism Model for the United States to more comprehensively model the extent of damage from conventional bomb blast attacks. Starting with the size and location of the bomb, the model propagates the appropriate blast intensity within a built environment from the exterior to the interior of buildings to yield damage and loss estimates, including property damage and workers’ compensation, and personal injury. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “When terrorists use conventional weapons—the effects of which tend to be highly localized—they are likely to be targeting specific buildings or facilities,” said Tao Lai, vice president, research, AIR Worldwide. “The amount of damage that occurs at or near the...

Intermediate Capital Group plc (the “Company”) 22 June 2021 Annual Report and Accounts 2021 and Notice of Annual General Meeting Further to the release of the Company’s results announcement on 08 June 2021, the Company announces that it has published its Annual Report and Accounts 2021 (Annual Report 2021). The Company also announces that, it has published on its website the Notice of the Annual General Meeting (AGM) to be held 9:00 am on Thursday 29 July at Procession House, 55 Ludgate Hill, London, EC4M 7JW. Hard copies will be posted to shareholders today. The Board is currently monitoring the ongoing COVID-19 situation, and the Company’s commitment to shareholder and employee safety. In this regard, the Board recognises that the Company AGM is an important event, and therefore is proposing that the AGM will be held as a traditional...

The annual general meeting of shareholders of AS Silvano Fashion Group (hereinafter SFG) was held on June 22, 2021 at 10:00, which will take place at the Tallink Spa & Conference Hotel Hall “Victoria/Meloodia”, at Sadama 11a, 10111, Tallinn, Estonia.  The agenda of the Meeting contained the items set out in the notice of the Meeting published on May 31, 2021 via the information system of NASDAQ OMX Tallinn and Warsaw Stock Exchange, and on May 31, 2021 on the website of SFG and in the daily newspaper Eesti Päevaleht, including adoption of the 2020 Annual Report, distribution of profit.     The Meeting started at 10:00 and ended at 10:12. Twenty-four (24) shareholders attended the Meeting representing 20 663 283 votes, constituting 57,4% of the voting rights of the company. Therefore, the Meeting was eligible to pass resolutions regarding...

MILAN, Italy, June 22, 2021 (GLOBE NEWSWIRE) — via InvestorWire – SIGNIFICANT AND SUSTAINABLE PROFITABILITY  2021E 2023E 2025E ROE1 10% 15% 20%NET PROFIT €60-70MLN €140MLN >€240MLNROBUST CAPITAL BASE INCLUDING DIVIDEND FLOWShareholders’ equity 1 billion euro in 2023, 1.4 billion in 2025 CET1 RATIO constantly above 15% cumulated DIVIDENDS of ca. 180 million euro over the Plan horizon2STRATEGIC ALLIANCE WITH THE ION GROUP License agreement signed for illimity’s IT platform which will generate revenue of 90 million euro by 2025 Wide-ranging collaboration agreement also including an overall investment of up to 9.99% in illimity’s share capital to be achieved through a capital increase reserved to the ION group for 5.75 million ordinary shares and warrants for a further 2.4 million shares Resolved to convene the Extraordinary...

3 in 5 students considered delaying higher education due to financial burden imposed by the pandemic BOSTON, June 22, 2021 (GLOBE NEWSWIRE) — The COVID-19 pandemic has exacerbated the education affordability crisis with students around the world. This is according to the new report, Passport to Higher Education: A Global Payments Study, from Flywire Corporation (Nasdaq: FLYW) which found that currently 71% of undergraduate students are having difficulties making their education payments due to the financial impact of the COVID-19 pandemic. This financial burden has also led three in five (61%) students surveyed to consider delaying their higher education. Flywire, a global payments enablement and software company, surveyed over 1,000 college students in the United States, the United Kingdom, Australia, Canada and China who are...