Day: May 24, 2022

Intricon Announces Completion of Acquisition by an Affiliate of Altaris Capital Partners

Written by Customer Service on May 24, 2022. Posted in Mergers And Acquisitions.

Investment by Altaris Supports Intricon’s Ability to Deliver Innovative Solutions and Service to its Customers ARDEN HILLS, Minn., May 24, 2022 (GLOBE NEWSWIRE) — Intricon Corporation (NASDAQ: IIN), an international joint development manufacturer engaged in designing, developing, engineering, manufacturing, and packaging miniature interventional, implantable and body-worn medical devices, today announced the completion of its acquisition by funds affiliated with Altaris Capital Partners, LLC (together with certain affiliated entities, “Altaris”) for $24.25 per share in cash, or approximately $241 million on a fully diluted basis. The transaction was announced on February 28, 2022, and received approval from stockholders on May 24, 2022. As a result of the transaction, Intricon is now a privately held company and its stock will...

Amdocs to Acquire MYCOM OSI in Strategic Growth Move to Assure 5G-Powered Smart World and Monetize New Generation of Intelligent Services

Written by Customer Service on May 24, 2022. Posted in Mergers And Acquisitions.

Acquisition of UK-based company expands Amdocs’ network service assurance and monetization offering with cloud-native, intelligence-powered assurance solution suite to deliver seamless customer experiences JERSEY CITY, N.J., May 24, 2022 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has entered into a definitive agreement to acquire MYCOM OSI, a UK-headquartered company providing SaaS-based cloud network and service assurance solutions to communications service providers globally. The acquisition will expand Amdocs’ network portfolio to include end-to-end service and network orchestration by bringing key assurance capabilities to power the next generation of networks. MYCOM OSI’s award-winning service assurance suite comprises...

Grindrod Shipping Holdings Ltd. Unaudited Financial Results for the Three Months Ended March 31, 2022

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

SINGAPORE, May 24, 2022 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or the “Company” or the “Group” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its unaudited earnings results for the three months ended March 31, 2022. Financial Highlights for the Three Months Ended March 31, 2022 Continuing Operations:Revenues of $110.3 millionGross profit of $40.7 millionProfit for the period and attributable to owners of the Company of $29.0 million or $1.55 per ordinary shareAdjusted net income of $29.8 million, or $1.60 per ordinary share(1)Adjusted EBITDA for the period of $50.2 million(1)Handysize and supramax/ultramax TCE per day of $22,201 and $24,385, respectively(1)Period end cash...

URBN Reports Q1 Results

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

PHILADELPHIA, May 24, 2022 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands, today announced net income of $32 million and earnings per diluted share of $0.33 for the three months ended April 30, 2022. Total Company net sales for the three months ended April 30, 2022, increased 13.4% over the same period last year to a record $1.05 billion. Total Retail segment net sales increased 12%, with comparable Retail segment net sales increasing 11%. The relative proportion of Retail segment sales attributable to store and digital channels changed significantly due in large part to the temporary store...

Iceland Seafood International hf completes auction of bills

Written by Customer Service on May 24, 2022. Posted in Public Companies.

Iceland Seafood International hf. has concluded an offering of 6-month bills in the new series ICESEA 22 1202. Total offers for bills in the auction amounted to ISK 1.000 million and offers were accepted for ISK 1.000 million at a simple rate of 6.95%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.

PureGold Announces Securities for Debt Transaction

Written by Customer Service on May 24, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”) is pleased to announce it will enter into securities for debt settlement agreements with certain service contractors of the Company (the “Creditors”) pursuant to which it will issue 20,922,914 units of the Company (the “Units”) at a price of $0.15 per Unit to the Creditors in order to settle outstanding debts totaling $3,138,437 (the “Debt”). Each Unit is to be comprised of one common share of the Company (a “Common Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant will entitle the holder thereof to purchase, in accordance with the terms of the Warrant, one Common...

QNB Corp. Declares Q2 2022 Dividend

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

Quakertown, PA, May 24, 2022 (GLOBE NEWSWIRE) — QNB Corp. Declares Q2 2022 Dividend Quakertown, PA (24 May 2022) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on May 24, 2022, declared a quarterly cash dividend of $0.36 per share. The cash dividend is payable on June 24, 2022, to shareholders of record on June 10, 2022. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com. CONTACT: David W. Freeman QNB Bank 12155385600 Dfreeman@qnbbank.com

AB Novaturas annual information for the year 2021

Written by Customer Service on May 24, 2022. Posted in Public Companies.

AB Novaturas annual Consolidated and Company‘s financial statements for the year 2021 (audited annual financial statements together with auditor‘s report, annual report, ESG report, Remuneration report, confirmation of the responsible persons) approved by the Annual General Meeting of shareholders on 24 May 2022. CFOArūnas Žilys arunas.zilys@novaturas.lt,  +370 615 88259AttachmentNovaturas Group FS Y21 EN

Belo Sun Receives Interim Suspension Order Related to the Construction and Environmental Licenses for the Volta Grande Project

Written by Customer Service on May 24, 2022. Posted in Public Companies.

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX; OTCQX: BSXGF) has received an interim suspension order issued by a single judge from the Agrarian Court of Altamira (the “Court”), a circuit judge, related to the Construction License (“LI”) and Environmental License (“LP”) for the Volta Grande Project. According to the order, the LI and LP is to be suspended until a socio-environmental study of the riverside peoples, at a minimum distance of 10 km from the Volta Grande Project, is carried out, on both banks of the Xingu River, as well as prior, free and informed consultation and the consent of the riverside peoples, by the State of Pará, as provided for in Article 6 of Convention No. 169 of the International Labour Organization. Belo Sun completed indigenous studies on the...

Regarding decisions of the general meeting of shareholders of Public limited liability company “Novaturas”

Written by Customer Service on May 24, 2022. Posted in Public Companies.

On May 24, 2022, the general meeting of shareholders of Public limited liability company “Novaturas”, code 135567698, registered at A. Mickevičiaus str. 27, Kaunas, the Republic of Lithuania (the Company), was convened (the Meeting). The following decisions were approved during the Meeting:Approval of the remuneration policy of the CompanyDecision: to approve the remuneration policy of the Company that shall be valid from the day of its approval.Approval of the rules for granting shares of the CompanyDecision: to approve the rules for granting shares of the Company that shall be valid from the day of its approval.Consolidated Annual Report of the year 2021 of the CompanyDecision: no decision is taken on this question.Independent auditor’s report on the Company’s set of audited annual financial statements and a set of the...

Day: May 24, 2022

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