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Month: September 2021

Ortho Clinical Diagnostics Announces Pricing of Secondary Offering of Ordinary Shares

RARITAN, N.J., Sept. 09, 2021 (GLOBE NEWSWIRE) — Ortho Clinical Diagnostics Holdings plc (Nasdaq: OCDX) (the “Company”), one of the world’s largest pure-play in vitro diagnostics companies, today announced the pricing of the previously announced underwritten secondary offering of 22,000,000 of the Company’s ordinary shares held by a selling shareholder affiliated with The Carlyle Group (the “Selling Shareholder”) at a price of $17.50 per ordinary share. The offering is expected to close on September 14, 2021, subject to customary closing conditions. The Selling Shareholder granted the underwriters a 30-day option to purchase up to 3,300,000 additional ordinary shares of the Company at the public offering price less the underwriting discount. The Company is not selling any ordinary shares in the offering, will not receive any of...

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Derichebourg – SBF 120

Derichebourg, a global operator at the international level in environmental services to businesses and local and municipal authorities, announces its inclusion in the SBF 120 index, in accordance with the decision taken by the Scientific Council of the Euronext Paris Indices. The SBF 120 index comprises the 120 leading stocks listed on Euronext Paris in terms of liquidity and market capitalisation. Derichebourg also enters the CAC Mid 60 index. These decisions will take effect on Friday September 17th, 2021, after market closes. ISIN code: FR 0000053381-DBGAttachmentPress Release Derichebourg SBF 120 09092021

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Fortress Transportation and Infrastructure Investors LLC Prices Its Public Offering of Common Shares

NEW YORK, Sept. 09, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) announced today that it has priced its previously announced registered underwritten public offering of 12,000,000 of its common shares, representing limited liability company interests (the “Common Shares”), at a public offering price of $25.50 per share for gross proceeds of approximately $306 million. The offering is expected to close on September 14, 2021, subject to customary closing conditions. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 1,800,000 additional Common Shares. The Company intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under the senior unsecured bridge...

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Inscape Announces First Quarter 2022 Financial Results

HOLLAND LANDING, Ontario, Sept. 09, 2021 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the first quarter ended July 31, 2021. “The results we are reporting for the first quarter of fiscal 2022 do not yet capture the impact of previous and ongoing actions taken by management to better position the business going forward. Controllable events, such as securing a new five-year labour agreement for our Jamestown, New York, Walls Plant will immediately lower our hourly labor costs and are not yet reflected. Furthermore, benefits related to the full integration of the dual automation tower, which arrived in May, with the the new Laser Turret Press, which arrived last February in our Holland Landing, Ontario,...

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Frequency Electronics Announces 1st Quarter Financial Results Conference Call: Monday September 13, 2021, at 4:30 PM ET

MITCHEL FIELD, N.Y., Sept. 09, 2021 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the first quarter of its fiscal year 2022, ended July 31, 2021, on Monday September 13, 2021, at 4:30 PM Eastern Time. This call is being webcast by Webcast@issuersdirect.com and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com. Investors and analysts may also access the call by dialing 877-407-9205. International callers may dial 201-689-8054. Callers should ask for the Frequency Electronics conference call. A telephone replay of the archived call will be available at 877-481-4010 (domestic), or 919-882-2331 (international), for one week following the call (replay passcode: 42804). Subsequent to that, the call can be accessed via a link...

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Bank OZK Announces Pricing of $350 Million of 2.750% Fixed-to-Floating Rate Subordinated Notes due 2031

LITTLE ROCK, Ark., Sept. 09, 2021 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) today announced the pricing of its public offering of $350 million aggregate principal amount of its 2.750% Fixed-to-Floating Rate Subordinated Notes due 2031 (the “Notes”). The Notes will initially bear interest at a fixed rate of 2.750% per annum, payable semi-annually in arrears on each April 1 and October 1 commencing April 1, 2022 to, but excluding, October 1, 2026. On October 1, 2026 and thereafter, the Notes will bear interest at a floating rate equal to a benchmark rate (which is expected to be three-month term SOFR) plus 209 basis points, paid quarterly in arrears on each January 1, April 1, July 1 and October 1, through maturity or earlier redemption of the Notes. The offering of the Notes is expected to close on September 16, 2021,...

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Brompton Proposes Conversion of Flaherty & Crumrine Investment Grade Preferred Income Fund Into an Exchange Traded Fund

TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) — (TSX: FFI.UN) Brompton Funds Limited (“Brompton” or the “Manager”), the manager of Flaherty & Crumrine Investment Grade Preferred Income Fund (the “Fund”) announces that a special meeting of the holders of units (“Units”) of the Fund (“Unitholders”) will be held on November 1, 2021 (the “Meeting”). At the Meeting, Unitholders will be asked to approve, among other things, the conversion of the Fund (the “Conversion”) from a closed-end investment fund into an exchange-traded fund (“ETF”). If the Conversion is approved by Unitholders, the name of the Fund will be changed to “Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF” on the effective date of the Conversion. Following the Conversation, the Fund will be considered to be an “alternative mutual fund” within...

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Special Meeting of Unitholders of Brompton Global Real Assets Dividend ETF

TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) — (TSX:BREA) Brompton Funds Limited (“Brompton” or the “Manager”), the manager of Brompton Global Real Assets Dividend ETF (the “Fund”) announces that a special meeting of the holders of units (“Unitholders”) of the Fund will be held on November 1, 2021 (the “Meeting”). At the Meeting, Unitholders will be asked to approve a change to the name of the Fund and an amendment to the Fund’s investment objectives (collectively, the “Amendments”). All costs associated with the implementation of the Amendments, including with respect to the Meeting, will be borne by the Manager. The Manager believes the Amendments will provide the following benefits: (a)  Fundamental Investment Objectives: Amending the Fund’s investment objectives to include integration of environmental, social and corporate governance...

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Ascendant Resources Completes Phase 2 Metallurgical Test Work Program at Its Lagoa Salgada VMS Project in Portugal

Figure 1Head grades of samples testedFigure 2Grades and recoveries achieved across both test work phasesFigure 3MetallurgyContinued improvement in metal Recoveries Test work supports at least benchmark IPB recoveries in both Massive Sulphide and Stockwork OresTORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce results from its Phase 2 metallurgical test work program, conducted by Grinding Solutions Limited (GSL), a UK mineral processing services company with strong technical knowledge of mineral processing of IPB ores and has been guided by Micon International, who was responsible for the metallurgical results validation on material from both the massive sulphide and...

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Water Ways Appoints Dr. Reuter for Investor Relations in Germany

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FSE: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers is pleased to announce that it has entered into an investor relations agreement (the “Agreement“) with “Dr. Reuter Investor Relations” (the “IR“) to assist with investor relations activities at the German speaking capital markets (Germany, Switzerland and Austria). The IR work focuses on financial PR in German-speaking countries. The Agreement begins on September 1, 2021, and runs for a minimum of 12 months, with a one-time right of termination...

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