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Day: May 11, 2022

Sýn hf.: Strong Internal Revenue Growth

Sýn hf.’s Consolidated Interim Financial Statement for the Q1 2022 was approved by the board on May 11th, 2022. Main results:Revenue for the first quarter (Q1) of 2022 amounted to ISK 5,682 million, an increase of ISK 682 million compared to the same period in 2021. EBITDA for Q1 2022 amounted to ISK 1,710 million, compared to ISK 1,388 million Q1 2021. The EBITDA margin was 30.1% in Q1 2022 compared to 27.8% in Q1 2021. Operating cost increases less than inflation due to cost cutting and gross profit increases also year on year. Profit in Q1 2022 amounted to ISK 207 million, compared to a loss of ISK 231 million in the same quarter last year. Of the ISK 231 million in loss, ISK 189 million relates to the sale of the Faroese associate Hey sold in end of Q1 2021. Cash flow from operations in Q1 2022 amounted to ISK 1.107 million compared...

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OSE Immunotherapeutics To Present at ‘Immuno-Oncology Summit Europe’ and at ‘Tumor Myeloid-Directed Therapies Summit’ In London and Boston

Presentations to focus on CLEC-1, novel myeloid immune checkpoint target for cancer immunotherapy NANTES, France, May 11, 2022 (GLOBE NEWSWIRE) — OSE Immunotherapeutics SA (ISIN: FR0012127173; Mnemo: OSE) has been invited to provide an update on its R&D programs in immuno-oncology at two dedicated international conferences in May and June. The Company’s broad presence in scientific cancer research events confirms its expertise in the highly attractive field of myeloid cells and macrophages, identified as poor prognostic factors in oncology and in immune escape mechanisms of cancer immunotherapies. Details of the OSE Immunotherapeutics presentations:Immuno-Oncology Summit Europe 2022May 23-25, London, UK, and OnlineDate and time of presentation: Monday, May 23rd at 11:00Myeloid Checkpoints: Validated and Novel Targets from...

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All resolutions adopted at AGM Beter Bed Holding N.V.

Beter Bed Holding N.V. (BBH) – the Netherlands’ largest sleep specialist in retail, wholesale and B2B – held its 2022 Annual General Meeting (AGM) today. BBH is pleased to announce that all resolutions, including the 2021 financial statements and dividend proposal, were adopted. The AGM presentation as well as the voting results will be published on www.beterbedholding.com. DividendBBH has made significant progress on its revised strategy, as announced in May 2021. The continued strong performance over 2021 reflects the underlying strength of the strategic transformation. In light of the strength of the financial position and financial performance, the Management Board, with the approval from the Supervisory Board, resolved to amend the dividend policy to align it with BBH’s ambition for sustainable growth. Today, the AGM declared a dividend...

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Combined General Meeting of June 1st, 2022 – Availability of preparatory documents

        Nanterre (France), May 11, 2022 COMBINED GENERAL MEETING OF JUNE 1st, 2022 AVAILABILITY OF PREPARATORY DOCUMENTS Faurecia informs its shareholders that they are convened to the Combined Shareholders’ Meeting to be held on Wednesday June 1st, 2022, at 2 p.m. (Paris time) at the registered office in Nanterre. The shareholders present in the Meeting will be required to respect all the sanitary measures applicable at this time. The meeting notice was published in the Bulletin des annonces légales obligatoires (BALO) on April 27, 2022, and the convening notice was published in the BALO and in the gazette les Petites Affiches on May 11, 2022. The main modalities for participating in the General Meeting are detailed in these notices as well as in the convening brochure to the General Meeting. The aforementioned documents as well...

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Egide: Appointment of David HIEN as the new manager of the Bollène site (Vaucluse, France).

Bollène, May 11, 2022 – 06 :00 pm (CET)Press Release Appointment of David HIEN as the new manager of the Bollène site (Vaucluse, France). The Egide Group (Euronext Paris™- Compartment C – ISIN: FR0000072373) announces the appointment of David HIEN as manager of the Bollène facility. David Hien was until now director of business development for Europe and Asia. He succeeds Eric Delmas, who has decided to pursue his career outside the Group. This appointment is effective as of April 4, 2022. Jim Collins, President and CEO of Egide Group, comments, “I would like to thank Eric for his contribution to the management of the Group as Deputy CEO and as manager of the Bollène site. Since 2018, under his leadership, Egide SA has taken on a new dimension. We wish him every success in his projects. We are pleased with the appointment...

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SmartCard Marketing Systems Inc (OTC:SMKG) Offering in Payments Sector With RegTech and Embedded Artificial Intelligence Creates a Unique Monitoring and Tracking Service for Compliance, Underwriting and Real-time Monitoring

New York, NY, May 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — The Company (OTC: SMKG) announced today the implementation of RegTech Artificial Intelligence with its PayTech and Fintech solutions. The company recently entered into a vendor agreement under confidentiality. This agreement allows for SMKG to access and use the vendor’s API and utilities to further enhance SMKG’s recent Chat Bot AI technology. The Chat Bot AI is currently being integrated across all SMKG’s platforms.  The Chat Bot AI with new utilities and tooling, and the combined applications create an impressive suite offering for Financial Institutions, Governments, Enterprises and expanding into E-gaming, Crypto & Marketplaces that require significantly enhanced monitoring, tracking and underwriting of customers with more than just ekyc, ekyb and...

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Sachem Capital Corp. Announces Closing of Public Offering of $27.5 Million of 7.125% Notes

BRANFORD, Conn., May 11, 2022 (GLOBE NEWSWIRE) — Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $27.5 million aggregate principal amount of 7.125% unsecured, unsubordinated notes due 2027 (“Notes”). The net proceeds of the offering are estimated to be approximately $26.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the company. Sachem has granted the underwriters a 30-day option to purchase up to an additional $4.125 million aggregate principal amount of Notes to cover over-allotments, if any. The over-allotment option expires June 5, 2022. The Notes will rank pari passu with all the company’s unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future. The Notes...

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GlobalData Plc: Flexible Packaging to Dominate the Philippines Packaging Market During 2020-2025

The market is projected to grow at a CAGR of more than 3% during the forecast period LONDON, May 11, 2022 (GLOBE NEWSWIRE) — The Philippines packaging market size was 61.0 billion units in 2020. The packaging industry in the Philippines is mostly driven by the strong usage in the country’s food industry and non-alcoholic beverages industries. Flexible packaging and rigid plastics were the largest pack types in the cosmetics toiletries industry while glass was the most popular pack type among alcoholic and non-alcoholic beverages in 2020. The Philippines packaging market research report offered by GlobalData Plc brings together multiple data sources to provide a comprehensive overview of the packaging industry in the Philippines. It includes market overview and growth in the use of pack material by industry and sector. Also, the...

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GlobalData Plc: Egypt Insurance Market Forecast to Grow by More Than 14% by 2025

The Egypt insurance market size was valued at $2.54 billion in 2020 LONDON, May 11, 2022 (GLOBE NEWSWIRE) — The market is projected to grow at a CAGR of more than 14% during the forecast period. Despite the challenges caused by the COVID-19 pandemic, the Egyptian insurance industry witnessed growth in 2020. The government’s quick measures and stimulus packages to combat the pandemic helped the insurance industry to maintain growth in 2020. The Egypt insurance market research report offered by GlobalData Plc provides historical values for Egypt’s insurance segment for the report’s review as well as the forecast period. It offers a detailed analysis of the key categories in Egypt’s insurance segment, and market forecasts till 2025. Furthermore, it profiles the top life insurance companies in Egypt and outlines the key regulations...

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Voxtur Announces Fully Subscribed $12.5 Million Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO and TAMPA, Fla., May 11, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce a fully subscribed private placement offering (the “Offering”) of 12,260,000 common shares (the “Common Shares”) at an offering price of $1.02 (the “Offering Price”) to raise aggregate gross proceeds of approximately $12.5 million. Two institutional investors have agreed to purchase the full Offering amount. The Company has engaged Eight Capital as lead agent and bookrunner (“Agent”) in connection with the Offering. The Agent is entitled to receive a cash commission equal to 6% of...

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