Day: June 27, 2022

TTM Technologies, Inc. Completes Acquisition of Telephonics Corporation

TTM Technologies, Inc. Completes Acquisition of Telephonics Corporation

Complementary portfolio and skills enhance TTM’s strategic capabilities and growth opportunities in the Aerospace and Defense Market Transaction Expected to be Immediately Accretive to Non-GAAP EPS SANTA ANA, Calif., June 27, 2022 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”) announced today that it has completed the previously announced acquisition of Telephonics Corporation (“Telephonics”) from Griffon Corporation (NYSE: GFF) for approximately $330 million in cash. Telephonics, founded in 1933, is recognized globally as a leading provider of highly sophisticated intelligence, surveillance and communications solutions that are deployed across a wide range of land, sea and air applications. The transaction significantly broadens TTM’s Aerospace and Defense product offering vertically into higher-level engineered...

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Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2022

Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2022

ATHENS, Greece, June 27, 2022 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2022. Quarter Highlights: Net income and earnings per common unit (basic and diluted) of $23.9 million and $0.57, respectively; Adjusted Net Income(1) of $10.0 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.19; Adjusted EBITDA(1)   $22.9 million; 100% fleet utilization(2); and Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from November 12, 2021 to February 11, 2022 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from November...

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Olivut Resources Ltd. Share Option Grant

Olivut Resources Ltd. Share Option Grant

TORONTO, June 27, 2022 (GLOBE NEWSWIRE) — Olivut Resources Ltd. (“Olivut” or the “Company”) (TSXV:OLV), announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company’s stock option plan to purchase up to 2,545,000 common shares in the capital of the Company at an exercise price of $0.05 per common share. The stock options will expire on June 27, 2032. The grant of options is subject to regulatory approval, including approval of the TSX Venture Exchange. Covid-19 and its effects prevented any field work being conducted in 2020 and 2021 on the HOAM Project and on the Seahorse Project; however, planning is now underway to further advance the projects. Numerous targets are drill ready on the HOAM Project. A 2019 drill program on the Seahorse Project was completed and...

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Nokia Corporation: Repurchase of own shares on 27.06.2022

Nokia Corporation: Repurchase of own shares on 27.06.2022

Nokia CorporationStock Exchange Release27 June 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 27.06.2022 Espoo, Finland – On 27 June 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 308,482 4.59 CEUX 28,810 4.59 AQEU 14,953 4.58 TQEX 2,755 4.60 Total 355,000 4.59 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

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Santhera Nominates Thomas Meier, PhD, to Succeed Elmar Schnee as Chairman of the Board

Santhera Nominates Thomas Meier, PhD, to Succeed Elmar Schnee as Chairman of the Board

Ad hoc announcement pursuant to Art. 53 LR Pratteln, Switzerland, June 27, 2022 — Santhera Pharmaceuticals (SIX: SANN) announces that Chairman of the Board Elmar Schnee will not stand for re-election at the upcoming Annual General Meeting on June 30, 2022. The Board of Directors has unanimously nominated Thomas Meier, PhD, for election as Chairman of the Board and as member of the Compensation Committee. Elmar Schnee, Chairman of the Board and member of the Compensation Committee of Santhera since 2017, will not stand for re-election and will step down from Santhera’s Board of Directors as of June 30, 2022. The Board of Directors expresses its sincerest gratitude to Mr. Schnee for his valued leadership over the past, challenging years. The Board of Directors of Santhera has unanimously nominated Thomas Meier, PhD, for election...

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Xenon Pharmaceuticals Announces Closing of $287.5 Million Public Offering Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Xenon Pharmaceuticals Announces Closing of $287.5 Million Public Offering Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares

BURNABY, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical stage biopharmaceutical company, today announced the closing of its previously announced underwritten public offering of 9,098,362 common shares, which includes 1,229,508 shares sold upon the full exercise of the underwriters’ option to purchase additional shares, and pre-funded warrants to purchase 327,868 common shares. The common shares were offered at a public offering price of $30.50 per common share and the pre-funded warrants were offered at a price of $30.4999 per pre-funded warrant, with each pre-funded warrant having an exercise price of $0.0001. The aggregate gross proceeds to Xenon from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Xenon, were...

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Credicorp Ltd.: Credicorp’s BCP issues the first international green bond in the Peruvian banking system

Credicorp Ltd.: Credicorp’s BCP issues the first international green bond in the Peruvian banking system

Lima, June 27, 2022 (GLOBE NEWSWIRE) — Lima, PERU, June 27, 2022 — Credicorp (NYSE: BAP) announces that BCP issued the first international bond in the Peruvian banking system for a total of US$30 million  following the publication of its Sustainable Financing Framework in January 2022. Amundi, a French firm and Europe’s leading asset manager, acquired 100% of the issuance through its Amundi Planet – Emerging Green One Fund. The funds raised will initially be used to finance projects to develop eco-friendly production plants.   Diego Cavero, CEO of BCP, commented that this operation was conducted in line with Credicorp’s sustainability strategy, whose goal is to leverage the financial system to create more sustainable and inclusive economies. “We are proud to be the first Peruvian bank to capture international funds...

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Park Aerospace Corp. Announces Its Commitment to Fully Support Airbus’s Planned A320neo Aircraft Family  Production Rates

Park Aerospace Corp. Announces Its Commitment to Fully Support Airbus’s Planned A320neo Aircraft Family Production Rates

NEWTON, Kan., June 27, 2022 (GLOBE NEWSWIRE) — Park Aerospace Corp. announced its commitment to fully support Airbus’s stated A320neo Aircraft Family production rates of 65 Aircraft per month by the middle of CY2023 and 75 Aircraft per month in CY2025. The A320neo Aircraft Family includes the A319neo, the A320neo, the A321neo, the A321LR and the A321XLR Aircraft. (Airbus recently conducted the first test flight of the A321XLR, and Airbus expects the A321XLR to enter into service in early 2024. All other members of the A320neo Aircraft Family are already in production and service.) Park is the sole source supplier of composite materials and lightning strike protection materials used to produce the engine transcowl and acoustic structures and other actuated and static thrust reverser components used on all A320neo Family Aircraft...

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<div>Kinex Media, a Mississauga based e-commerce agency, acquires Infino, one of India's leading digital agencies</div>

Kinex Media, a Mississauga based e-commerce agency, acquires Infino, one of India’s leading digital agencies

MISSISSAUGA, Ontario, June 27, 2022 (GLOBE NEWSWIRE) — Kinex Media, a Mississauga based e-commerce agency, made history on the occasion of its 10th anniversary with a huge acquisition move. Karan Sharma and Amir Waheed, co-founders of Kinex Media have always been driven to create innovative breakthroughs in their industry. They take the approach of starting internally and often nudge staff performance at the award winning e-commerce agency with their energy-packed words; “Don’t simply read success stories, build your own!” As the agency’s 10th anniversary approached, they really did “build one of their own” by closing the acquisition deal with Infino, India’s leading digital agency. Infino Group is an agency with a difference that’s equipped with comprehensive technologies and high...

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