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Month: May 2022

CDW Holding updates on diversification efforts and sustainability direction

As part of its diversification efforts, the Group has been pursuing new business opportunities which are aimed at transforming traditional industries to be more environment-friendly and to improve human life The diversification businesses span diverse industries like drug development, skincare, clean energy, and water purification Adopts UN Sustainable Development Goals as a framework to guide diversification effortsSINGAPORE, May 24, 2022 (GLOBE NEWSWIRE) — SGX Mainboard-listed CDW Holding Limited (“CDW”, the “Company”, or collectively with its subsidiaries, the “Group”) is pleased to share an update on its diversification efforts and announce a new strategic direction for the Group, centred around the United Nations’ Sustainable Development Goals (“UN SDGs”). CDW’s Diversification EffortsThe Group is a leading manufacturer...

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Transfer of treasury shares

Transfer of treasury shares In conformity with Financial Conduct Authority (“FCA”) Listing Rule 12.6.4, Stagecoach Group plc (the “Company”) announces that on 23 May 2022, 10,438,095 ordinary shares of 125/228p each were transferred from treasury in satisfaction of the vesting of awards made under the Company’s Executive Participation Plan and Restricted Share Plan. Following the transfer of the shares referred to above, the issued share capital of Stagecoach Group plc was 576,099,960 Ordinary shares of 125/228th pence each. This figure includes 14,143,274 Ordinary shares held in treasury. The total number of voting rights in Stagecoach Group plc is 561,956,686. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change...

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Company Update – Tajikistan

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 24 May 2022 Vast Resources plc(‘Vast’ or the ‘Company’) Company Update – Tajikistan Vast Resources plc, the AIM-listed mining company, is pleased to announce that further to the announcement made on 3 May 2022 regarding its acquired interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan (“Takob”), the Company has executed a Memorandum of Understanding (“MoU”) linked to processing the tailings produced at Takob. The MoU, agreed between the Company’s Tajikistan focused Joint Venture subsidiary, and Open Joint Stock Company “Talco” is a separate and additional project to the Takob Joint Venture Project announced on 3 May 2022. The Company can announce that as part of this project, its...

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FRO – First Quarter 2022 Results

FRONTLINE LTD. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2022 Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2022: HighlightsNet income of $31.1 million, or $0.15 per basic and diluted share for the first quarter of 2022. Adjusted net loss of $1.6 million, or $0.01 per basic and diluted share for the first quarter of 2022. Reported total operating revenues of $217.4 million for the first quarter of 2022. Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the first quarter of 2022 were $15,700, $16,900 and $19,000 per day, respectively. For the second quarter of 2022, we estimate spot TCE on a load-to discharge basis of $22,600 contracted for 74% of vessel days for VLCCs, $32,700 contracted for 70% of vessel days for Suezmax tankers and $46,300...

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Cornish Metals Successfully Closes £40.5 Million Financing

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Cornish Metals Inc. (TSX-V/AIM: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on tin / copper projects in Cornwall, United Kingdom, is pleased to announce that it has closed the previously announced £40,500,000 (approximately C$64,800,000 based on the Bank of Canada’s closing exchange rate for May 20, 2022 of C$1.6005/£) unit offering (the “Offering”) (see news release dated March 28, 2022). Richard Williams, CEO of Cornish Metals, stated; “The completion of this financing allows Cornish Metals to push ahead with the dewatering of the mine and delivery of a Feasibility Study in order to make a production decision for the South Crofty tin project. “We...

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Air France-KLM launches a €2.256 billion rights issue to be subscribed in cash and/or by offsetting claims

Roissy, 24 May 2022 Air France-KLM launches a €2.256 billion rights issue to be subscribed in cash and/or by offsetting claims The Company is continuing to strengthen its balance sheet and accelerates the repayment of state aids, increasing its strategic flexibility Air France-KLM S.A. (“Air France-KLM”, the “Company”) announces today the launch of a capital increase with preferential subscription rights (the “Rights“) to existing shareholders maintained to raise gross proceeds of €2.256 billion (the “Rights Issue”) through the issuance of 1,928 million new shares in Air France-KLM (the “New Shares”), to be subscribed in cash and/or by offsetting claims. This transaction, which aims to strengthen the company’s equity and balance sheet, follows the 2021 capital increase and comes after new recapitalization measures were announced...

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Flex LNG – Ex Date Q1 2022

May 24, 2022Hamilton, Bermuda The shares in Flex LNG Ltd (Ticker: FLNG) will be traded ex dividend of USD 0.75 per share for the first quarter of 2022 as of today, May 24, 2022. The dividend will be paid USD on or about June 7, 2022. The dividend payable to shares registered with Euronext VPS will be paid in NOK on or about June 10, 2022.  For more information, please contact:  Knut Traaholt, Chief Financial Officer of Flex LNG Management AS Telephone: +47 23 11 40 00Email: IR@flexlng.com 

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Data at the 2022 ASCO Annual Meeting highlight Roche’s continued commitment to innovation in oncology and personalised healthcare

Pivotal data on glofitamab, a potential first-in-class CD20xCD3 T-cell engaging bispecific antibody, in heavily pre-treated patients with aggressive lymphoma, will be presented as part of our industry-leading haematology portfolio Further studies exploring broad genomic testing to support informed treatment decisions for patients and advance cancer care approaches will be presentedBasel, 24 May 2022 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that new data from clinical trials of 18 approved and investigational medicines across more than 20 cancer types will be presented at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, which will be held 3-7 June, 2022. Roche and its partners will present clinical studies across medicines, comprehensive genomic tests, and real-world data at this year’s meeting. “At...

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Adevinta ASA (ADE) – Adevinta reports solid Q1 financial performance and strong progress in the execution of its “Growing at Scale” strategy; FY 2022 and Core Markets mid-to-long term targets confirmed

Q1 2022 results performance in line with Q4 trends, with Core markets revenues up 7% year-on-year and Group EBITDA margin up 70 basis points vs. Q4 2021 Portfolio optimisation progressing at pace, with exit process underway for Australia, South Africa and Mexico and the sale of Infojobs Brazil and Belarus completed eBay Classifieds Group’s integration roadmap on track, synergy targets confirmedOslo, 24 May 2022 – Adevinta ASA (ADE) (“Adevinta” or “the Company”) reported solid revenue growth of 6%1 in the first quarter compared to the same period last year. Our marketplaces once again proved resilient despite continued supply pressure in the Motors vertical. Underlying EBITDA2 was 137 million euro in the first quarter of 2022, representing a 35.3% underlying EBITDA margin. Core Markets posted revenue growth of 7% in the quarter,...

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Agreement to sell Frontmatec Holding III ApS – expectation to redeem outstanding Bonds in full

Company announcement No. 5/2022 Company Announcement No. 5/2022: Agreement to sell Frontmatec Holding III ApS – expectation to redeem outstanding Bonds in full The owners of Frontmatec Holding III ApS have today entered into an agreement concerning the sale of 100% of its shares in Frontmatec Holding III ApS to Merlin DK Bidco ApS (the “Sale”). Completion of the Sale is subject to customary conditions, including obtaining required merger control clearances (the “Sale Conditions”). Completion of the Sale is expected to occur in the second half of 2022. Pursuant to the terms and conditions (the “Terms and Conditions”) of the EUR 175,000,000 Senior Secured Floating Rate Bonds due 2024 (ISIN DK0030452263) (the “Bonds”), completion of the Sale will either require a waiver or consent from the bondholders or that the Bonds are redeemed in connection...

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