Day: May 24, 2023

Weaker annual and long-term incentive awards contributed to sharp slowdown in total compensation increase ARLINGTON, Va., May 24, 2023 (GLOBE NEWSWIRE) — Chief executive officers (CEOs) at the largest U.S. corporations saw their increase in total compensation slow dramatically in 2022, driven largely by a decrease in annual bonuses and slower growth in long-term incentives, according to a new analysis of proxy disclosures by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. The WTW analysis found total pay for CEOs increased 2.7% in 2022, sharply lower than the 18.3% median increase in 2021. Additionally, the percentage of CEOs who received a reduction in total pay doubled from 21% in 2021 to 42% in 2022. Total pay, as reported in the Summary Compensation Table (SCT) in company proxy statements, includes...

Reduction of capital by cancellation of treasury shares On May 16, 2023, the Board of directors decided to reduce the share capital of Dassault Aviation by cancelling 556,179 treasury shares held in registered form, representing 0.67% of its share capital. This decision was taken by the Board of directors upon the authorization of the Combined General Meeting of May 16, 2023. The reduction of capital has become effective on May 24, 2023. The share capital of Dassault Aviation now amounts to 66,017,423.20 euros, divided into 82,521,779 shares of 0.80 euro per share, all fully paid up. This reduction of capital has no significant impact on Dassault Aviation’s shareholding. The information on the total number of voting rights and shares as well as the shareholding structure will be updated accordingly on the website of the company www.dassault-aviation.com. ABOUT...

Complete motions from General Assembly in Photocat A/S held on May 24th 2023.AttachmentReferat af generalforsamling 2023-05-24

FENTON, Mich., May 24, 2023 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) (“Fentura Financial” or “the Company”), the holding company for The State Bank today announced that it has entered into a settlement agreement with shareholder Paul Drueke in connection with the Company’s 2023 annual meeting of stockholders. “Following consultations with Mr. Drueke, we are pleased to inform shareholders that Fentura and Mr. Drueke have mutually agreed to resolve issues raised in their competing proxies,” said Fentura Financial Chairman of the Board Brian Petty.  “We believe that this resolution will allow Fentura’s annual meeting to move forward efficiently and in furtherance of the interests of all shareholders.” Pursuant to the parties’ agreement, nominee Robert Herdoiza will continue to stand for election and Fentura’s...

CISA now recommends encrypting data in use as part of an optimal data security strategy HACKENSACK, N.J., May 24, 2023 (GLOBE NEWSWIRE) — Paperclip, Inc. (OTCMKTS:PCPJ) announces that its Paperclip SAFE® solution can help organizations align with the Cybersecurity and Infrastructure Security Agency (CISA) updated Zero Trust Maturity Model released last month. This latest version highlights the importance of the core function of Paperclip SAFE, to encrypt data in use. “Paperclip would like to thank CISA for recognizing the need to encrypt data in use as a critical component of data security,” said Mike Bridges, President and COO of Paperclip. “It is the first compliance body to recommend this encryption technique to address the vulnerability related to searchable data. Encryption at rest and in motion has been part of basic compliance...

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFERING MEMORANDUM OR A PROSPECTUS AS DEFINED BY REGULATION (EU) NO. 2017/1129 OF 14 JUNE 2017. GN Store Nord A/S announces plan to strengthen its capital structure to execute growth opportunities including a directed issue and private placing of a total of approximately 17 million shares The new capital plan aims to strike the right balance between current market challenges and future significant growth opportunities, allowing GN to execute on both short- and long-term market share opportunities. As a key pillar of the...