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Day: December 15, 2022

Hain Celestial Completes Sale of Westbrae Natural® Brand

Furthers North America Portfolio Simplification Plan LAKE SUCCESS, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) — The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial” or the “Company”), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life®, today announced that it has completed the divestiture of its Westbrae Natural® brand to Bush Brothers & Company. Details of the transaction were not disclosed. Mark L. Schiller, Hain Celestial’s President and Chief Executive Officer, commented, “In our continuing journey to simplify the company and focus on the brands and categories with growth potential in line with our strategic direction, we are pleased to announce the divestiture of the Westbrae Natural® brand to Bush Brothers....

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Production report for November 2022

Oslo, 15 December 2022         November 2022 October 2022Operated Boepd (1) Bopd (2) Boepd (1) Bopd (2)Colombia 923 580 931 592Argentina (3) 2,261 409 2,439 475Total operated 3,184 989 3,370 1,067Total equity 764 402 781 415(1)   Barrels of oil equivalents per day (includes liquid and gas)(2)   Barrels of oil per day (represents only liquids)(3)   Operated by Selva Maria Oil on behalf of IOX until local authorities approve operator’s licence. [boepd]: barrels of oil equivalents per day (includes liquid and gas)[Operated]: 100% field production operated by Interoil[Equity]: Interoil’s share production net of royalties.Comments In November 2022, the average daily operated production from fields in Argentina and Colombia combined decreased by 186 boepd, a reduction of less than six percent compared with October. This...

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Quanex Building Products Announces Fourth Quarter and Fiscal Year 2022 Results

Another Year of Record Revenue and EarningsStrong Free Cash FlowRepaid $25 Million in Bank Debt in 4Q22Balance Sheet and Liquidity Remain Strong HOUSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months and twelve months ended October 31, 2022.   The Company reported the following selected financial results:    Three Months Ended October 31,   Twelve Months Ended October 31,($ in millions, except per share data)   2022   2021   2022   2021Net Sales   $307.5   $291.8   $1,221.5   $1,072.1Gross Margin   $67.5   $65.0   $268.5   $240.6Gross Margin %   21.9%   22.3%   22.0%   22.4%Net Income   $24.7   $20.9   $88.3   $57.0Diluted EPS   $0.75   $0.62   $2.66   $1.70                 Adjusted Net Income   $25.0   $20.8   $88.9   $58.6Adjusted...

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Hersha Hospitality Trust Announces Special Dividend and Continuation of Quarterly Cash Dividend

PHILADELPHIA, Dec. 15, 2022 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a special dividend of $0.50 per common share and per limited partnership unit for the year ending December 31, 2022. In addition to this special dividend, the Board also approved a cash dividend of $0.05 per common share and per limited partnership unit for the fourth quarter ending December 31, 2022. These common share dividends and limited partnership unit distributions are both payable on January 18, 2023, to holders of record as of December 30, 2022. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625...

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Red Cat Holdings Reports Second Quarter Financial Results and Provides Corporate Update

SAN JUAN, Puerto Rico, Dec. 15, 2022 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders, reports financial results for its second quarter of fiscal 2023 (three months ended 10/31/2022) and provides a business update. Recent Highlights: EnterpriseSkypersonic delivered drones, rover, and piloting platform to NASA’s Simulated Mars Mission Established partnership between Teal Drones (“Teal”) and Tomahawk Robotics that allows Teal’s 4-Ship Multi-Vehicle Systems to simultaneously control air- and ground-based vehicles U.S. Border Patrol purchased over $1 million in drones Skypersonic demonstrated...

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Whitestone REIT Declares First Quarter 2023 Dividend

HOUSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company’s common shares and operating partnership units for the first quarter of 2023. The dividend represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share. “This dividend reflects the strength of our differentiation strategy, focusing on community and service-oriented tenants in high-income, sun belt located shopping centers,” said Dave Holeman, chief executive officer of Whitestone REIT. “This dividend strikes the right balance, providing a yield of approximately 5% while allowing Whitestone to fund value enhancing property redevelopments and balance sheet strengthening.” The first...

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Snail, Inc. Reports Third Quarter 2022 Financial Results

CULVER CITY, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced third quarter 2022 financial results for the quarter ended September 30, 2022. These third quarter results are prior to the exchange of stock and reflect the activities of Snail Games USA Inc. and its subsidiaries. Jim Tsai, Chief Executive Officer of Snail, commented: “We are thrilled to share our first earnings report as a public company. Our goal of creating immersive gaming experiences and products will be supported by our access to the capital markets. We look forward to continuing to execute against our product roadmap and provide high-end entertainment experiences for consumers around the world.” Third Quarter...

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IBEX Reports Results for the First Quarter Ended October 31, 2022

MONTRÉAL, Dec. 15, 2022 (GLOBE NEWSWIRE) — IBEX Technologies Inc. (“IBEX” or the “Company”) (TSX Venture: IBT) today reported its financial results for the three months ended October 31, 2022. “We are pleased with Q1-F2023 results which were consistent with expectations” said Paul Baehr, IBEX President & CEO. “F2023 revenues are expected to be lower than Fiscal 2022 since the Company received higher than usual purchases from our customers in F2022 as they hedged against COVID-19 related supply chain disruptions. Additionally, the consumption of haemostasis tests is likely to reduce as the number of COVID-related hospitalizations decreases. Notwithstanding these factors, the underlying demand for our enzymes continues to grow.” Note: All figures are in Canadian dollars unless otherwise stated. The Company’s audited consolidated...

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Correction-addition of offeror’s name: Form 8 (DD) – PayPoint Plc

FORM 8 (DD) PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)Rules 8.1, 8.2 and 8.4 of the Takeover Code (the “Code”) 1.      KEY INFORMATION(a) Full name of discloser: Alan Dale(b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor andbeneficiaries must be named.  (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree PayPoint Plc, the Offeror(d) Status of person making the disclosure:e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree) Person acting in concert with...

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MICT Regains Compliance with Nasdaq Minimum Bid Price Rule

MONTVALE, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) — MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today that it has received a Bid Price Compliance Letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. MICT was previously notified by Nasdaq on February 2, 2022 that it was not in compliance with the minimum bid price rule because its common stock failed to meet the closing bid price of $1.00 or more for 30 consecutive business days, as required by the Nasdaq Listing Rules. To regain compliance with the Rule, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. This requirement was met...

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