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Day: December 16, 2022

Form 8.3 – [Devro plc – 15 12 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(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 and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree DEVRO PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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Global Sharps Containers Market to Surpass Valuation of $678.89 Million by 2028 | Stringent Government Regulations to Pose a Challenge for Market Growth

Global sharps containers market was valued at USD 488.96 million in 2021, and it is expected to reach a value of USD 678.89 million by 2028, at a CAGR of 4.8% over the forecast period (2022-2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — The use of sharps containers is on the rise globally as more and more people are becoming aware of the importance of proper sharps disposal. Sharps containers are specially designed to dispose of sharp objects such as needles, syringes, and lancets. There are a number of reasons why the demand for sharps containers market is growing. One reason is the increasing prevalence of chronic and infectious diseases such as diabetes and HIV/AIDS, which require patients to self-inject medication. Recent outbreak of Covid-19 had positively driven the demand for the product to a great extent. Globally,...

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Highwoods Acquires McKinney & Olive in Uptown Dallas in 50/50 Joint Venture with Granite Properties

$197M Total Investment (at HIW Share)557,000 Square Feet Trophy Mixed-Use Asset; 99% LeasedSubstantially Below-Market RentsIdeally Situated Four Blocks from 23Springs Development Project_________________________________________ RALEIGH, N.C., Dec. 16, 2022 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has acquired McKinney & Olive, a 557,000 square foot trophy mixed-use asset in the heart of Uptown Dallas, in a 50/50 joint venture with Granite Properties. McKinney & Olive, which was delivered in 2016 and is currently 99% leased, offers 507,000 square feet of multi-customer office space, 50,000 square feet of retail space and a one-acre piazza surrounded by walkable amenities steps away from Klyde Warren Park and the Dallas Arts District. McKinney & Olive, which has easy access to Dallas North Tollway,...

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StorageVault Completes the Purchase of Two Stores and Two Shredding Businesses

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed the acquisition of the two stores announced on October 11, 2022 for $14,160,000 and has also purchased two complementary shredding businesses to its records and information management business, RecordXpress, for $8,750,000 (the “Acquisitions”). The total purchase price of the Acquisitions is $22,910,000, subject to customary adjustments, and was paid with first mortgage financing, promissory note and funds on hand. With these Acquisitions, StorageVault has now closed $241.1 million of acquisitions, to date, this year. About StorageVault Canada Inc.StorageVault, owns and operates 238 storage locations across Canada. StorageVault owns 206 of these locations plus over 4,500 portable storage units...

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Gencor Releases Fourth Quarter and Fiscal Year 2022 Results

ORLANDO, Fla., Dec. 16, 2022 (GLOBE NEWSWIRE) — Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the fourth quarter of 2022 increased 15.5% to $23.1 million compared to $20.0 million for the quarter ended September 30, 2021. The increased net revenues reflect increased shipments and progress on large contract orders where revenue is recognized over time. Gross profit as a percentage of net revenue was 21.5% for the quarter ended September 30, 2022, an increase from 17.2% for the quarter ended September 30, 2021. Increased production volumes and pricing more than offset the increases in labor rates, steel and OEM parts prices during the quarter ended September 30, 2022. Operating income for the quarter ended September 30, 2022 was $1.2 million compared to an operating loss...

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Winnebago Industries Reports First Quarter Fiscal 2023 Results

— Strong Motorhome and Marine Revenues, Up 10.1% and 65.7% Respectively — — Reported Diluted EPS of $1.73 and Adjusted Diluted EPS of $2.07 — — Pontoon Market Share of 6.7% on a Trailing 12 Months,(1) Barletta Continues to Gain Share — — Strong Liquidity, Leverage and Cash Position Maintained — EDEN PRAIRIE, Minn., Dec. 16, 2022 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company’s Fiscal 2023 first quarter. First Quarter Fiscal 2023 ResultsRevenues for the Fiscal 2023 first quarter ended November 26, 2022, were $952.2 million, a decrease of 17.6% compared to $1.2 billion for the Fiscal 2022 period, driven by unit volume decreases versus record year-ago comparisons, partially...

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Global 3D Radar System Market to Generate Revenue of $3.8 Billion by 2028 | Lockheed Martin is the Most Promising Player

Global 3D Radar System market was valued at USD 1,105.13 million in 2021, and it is expected to reach a value of USD 3,805.45 million by 2028, at a CAGR of more than 19.32% over the forecast period (2022-2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — 3D radar system market is witnessing high demand due to their ability to provide more accurate and detailed data than traditional radar systems. Today, 3D radar systems are becoming increasingly popular in a variety of applications, such as air traffic control, automotive safety, and military defense thanks to their improved accuracy, greater range, and the ability to track multiple targets simultaneously. Additionally, 3D radar systems can penetrate buildings and other solid objects, making them ideal for search and rescue operations. Military and law enforcement agencies...

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Global Food Service Market to Gain Growth Momentum and Generate Revenue of $4,676.91 billion by 2028 | The Market is Ripe for Consolidation

Global food service market was valued at USD 2,325 billion in 2021, and it is expected to reach a value of USD 4,676.91 billion by 2028, at a CAGR of more than 10.5% over the forecast period (2022-2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — The restaurant industry is evolving. Consumer tastes are changing, and new technologies are emerging that are transforming the way restaurants operate. In order to stay ahead of the curve, restaurant operators need to understand these changes and how they will impact their businesses. SkyQuest has released a new report that analyses the food service market and provides insights into the latest trends. The report, “Foodservice in 2028: Trends and Implications for Operators,” examines five key areas that will shape the future of the market:Economic environment Consumer...

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Global Luxury Yacht Market to Go On Healthy Ride at a CAGR of 12.10% | New Generation Buyers From Russia and China are Propelling Market Growth

Global luxury yacht market was valued at USD 47.06 billion in 2021 and it is expected to reach at USD 104.68 billion by 2028, at a CAGR of 12.10% over the forecast period (2022-2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — SkyQuest’s recent report on the luxury yacht market provides insights into the health of the industry and how it is likely to fare in the coming years. The report notes that the global economy has had a major impact on the market, with sales of new yachts declining sharply since Covid pandemic 2020. The market is now beginning to recover, but SkyQuest expects it will take some time for sales to reach their pre-covid levels. We forecast that the Europe will remain the largest luxury yacht market, accounting for nearly 50% of sales by 2028. North America is expected to be the second largest market,...

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Global Wireline Services Market to Surpass Valuation of $15.13 Billion by 2028 | Schlumberger Limited to Continue Enjoying Lion’s Share

Global wireline services market was valued at USD 12.07 billion in 2021, and it is expected to reach a value of USD 15.13 billion by 2028, at a CAGR of 6.5% over the forecast period (2022–2028). Westford, USA, Dec. 16, 2022 (GLOBE NEWSWIRE) — SkyQuest attributes this growth of the wireline services market to an increase in upstream activity and rising demand for enhanced recoveries. We also forecast that North America will continue to lead the way in terms of market share, accounting for nearly half of the global total. In fact, the region is expected to see a compound annual growth rate (CAGR) of 3.5% through 2022. This is driven by higher oil prices, which are spurring activity in North America’s major shale plays. In terms of product segments, coiled tubing services are set to grow the fastest, at a CAGR of 5%. This is due to...

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