Day: October 27, 2021

The Bank Norwegian Group (the Group) reported profit after tax in the third quarter of NOK 276.1 million compared with NOK 367.8 million in the second quarter and down from NOK 500.6 million in the same quarter last year. The decrease from the previous quarter is mainly caused by higher administrative expenses from provision for legal and financial advisors’ fees related to the offer from Nordax Bank AB (publ) (Nordax), negative change in value of shares and lower interest income due to sale of two portfolios of non-performing loans in the quarter. This was partly offset by gains from the sale of non-performing loan portfolios lowering provisions for loan losses in the quarter. Net interest income amounted to NOK 1 151 million, a decrease of NOK 32.2 million from the second quarter. The reduction is mainly explained by lower interest income...

Revenue trend improved quarter by quarter, +18.1% in H2 H2 UOP margin +20bps versus guidance at constant rates Exceptional cash conversion, net debt ratio at 1.7 back in target range of 1-2 Dividend €2: €1.20 as per the dividend policy, plus a very exceptional €0.80 linked to the disposal program 2022 Guidance:Organic revenue growth of +15% to +18% Underlying operating profit margin close to 5%, at constant ratesIssy-les-Moulineaux, October 27, 2021 – Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY). At the Board of Directors meeting held on October 26, 2021 and chaired by Sophie Bellon, the Board closed the Consolidated and Company accounts for the fiscal year ended August 31, 2021. Financial performance for Fiscal 2021(in millions of euro) AUGUST 31, 2021 AUGUST 31, 2020 DIFFERENCE DIFFERENCE CONSTANT RATES...

Equinor (OSE: EQNR, NYSE: EQNR) today commences the second tranche of the share buy-back programme for 2021 announced at the Capital Markets Day on 15 June 2021. Based on favourable commodity price conditions, strong cash flow generation and an adjusted net debt ratio (1) of 13.2% the board of directors has decided to increase the size of the second tranche of the share buy-back programme, from an indicative level of USD 300 million communicated at the Capital Market Day in June, to USD 1 billion. This includes shares to be redeemed from the Norwegian State. The share buy-back will commence today and will end no later than 31 January 2022. At the Capital Markets Day in June 2021 Equinor announced a competitive capital distribution with an increase of the quarterly cash dividend to 18 cents per share and the start of a new share buy-back...

Key information relating to the cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for third quarter 2021. Dividend amount: 0.18 Declared currency: USD Last day including rights: 10 February 2022 Ex-date: 11 February 2022 Record date: 14 February 2022 Payment date: 25 February 2022 Other information: Dividend per share in NOK will be communicated 18 February 2022. This information is published in accordance with the requirements of the Continuing Obligations. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 9.77 billion and USD 2.78 billion after tax in the third quarter of 2021. IFRS net operating income was USD 9.57 billion and the IFRS net income was USD 1.41 billion. The third quarter of 2021 was characterised by:Strong results due to higher prices and solid operating performance Very strong cash flow and continued improvement of adjusted net debt ratio(1) to 13.2%. Optimising gas production and Troll Phase 3 brought on stream Cash dividend of USD 0.18 per share and increasing second tranche of share buy-back from USD 300 million to USD 1 billion“We capture value from the higher commodity prices and with a solid operational performance we deliver strong results. Strict capital discipline and a very strong net cash flow strengthen our balance sheet and improve our adjusted...

NEW YORK, Oct. 26, 2021 (GLOBE NEWSWIRE) — Rent the Runway, Inc. (“Rent the Runway”) announced today the pricing of its upsized initial public offering of 17,000,000 shares of its Class A common stock at a price to the public of $21.00 per share. In addition, Rent the Runway has granted the underwriters a 30-day option to purchase up to an additional 2,550,000 of its Class A common stock. This represents an increase of 2,000,000 shares from the previously announced offering size of 15,000,000 shares. The shares are expected to begin trading on The Nasdaq Global Select Market on October 27, 2021 under the ticker symbol “RENT.” The offering is expected to close on October 29, 2021, subject to the satisfaction of customary closing conditions.  Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Barclays Capital Inc. are...

SALT LAKE CITY, Oct. 26, 2021 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), announced today that it has priced an underwritten public offering of 2,750,000 shares of its common stock for total expected gross proceeds of $74,250,000, before underwriting fees and estimated offering expenses. The Company also granted the underwriters an option for 30 days to purchase up to an additional 412,500 shares of common stock. The offering is subject to customary closing conditions and is expected to close on October 29, 2021. The Company intends to use the net proceeds from the offering for general corporate purposes, including repayment of debt, capital expenditures and potential acquisitions. BofA Securities is acting as lead book-running manager and representative of the underwriters for the offering....

New York, NY, Oct. 26, 2021 (GLOBE NEWSWIRE) — Deep Medicine Acquisition Corp. (the “Company”) announced today that it priced its upsized initial public offering of 11,000,000 units at $10.00 per unit. The units are expected to be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “DMAQU” beginning October 27, 2021. Each unit consists of one share of Class A common stock and one right to receive one-tenth of one share of Class A common stock upon the consummation of the Company’s initial business combination. Once the securities comprising the units begin separate trading, the common stock and rights are expected to be listed on Nasdaq under the symbols “DMAQ” and “DMAQR,” respectively. The underwriters have been granted a 30-day option to purchase up to an additional 1,650,000 units offered by the...