Day: June 8, 2023
The global furniture manufacturer continues to be ranked among the top two percent in the industry and is awarded Gold for the third consecutive year
GRAND RAPIDS, Mich., June 08, 2023 (GLOBE NEWSWIRE) — Steelcase announced today it was awarded a Gold rating from EcoVadis for the third consecutive year for its industry-leading commitments to the wellbeing of people and the planet. The company earned 100 percent on the EcoVadis environmental scorecard and continues to be ranked in the top two percent of companies in the global furniture manufacturing industry.
EcoVadis is the world’s largest and most trusted provider of business sustainability ratings, which are awarded based on the four themes of environment, labor and human rights, ethics and sustainable procurement.
Steelcase is recognized especially for its sustainability achievements,...
Financial Supervision and Resolution Authority’s exception from mandatory takeover bid
Written by Customer Service on . Posted in Public Companies.
On 07.06.2023, AS Baltika published an announcement on the transaction between KJK Fund Sicav-SIF (in liquidation) and its subsidiary KJK BLTK Holding OÜ under which KJK BLTK Holding OÜ acquired all shares in AS Baltika previously held by KJK Fund Sicav-SIF (in liquidation) i.e. approximately 89.7% of all votes represented by the shares of AS Baltika.
Further to the information outlined in the 07.06.2023 announcement, AS Baltika hereby notifies that as the transaction described above constitutes an intra-group transaction, the Financial Supervision and Resolution Authority has, by its decision issued on 07.06.2023 on the basis of respective application from KJK BLTK Holding OÜ, made an exception from mandatory takeover bid in accordance with item (1) of § 173 of the Securities Market Act with respect to the referred transaction.
Brigitta...
Celestica Announces Closing of Secondary Offering of Subordinate Voting Shares by Onex Corporation
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TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — Celestica Inc. (“Celestica”) (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, announced the closing of the previously-announced offering by Onex Corporation (“Onex”), its controlling shareholder, of 12,000,000 of Celestica’s subordinate voting shares (“SVS”) at a price to the public of US$12.40 per SVS. Celestica did not sell any SVS and did not receive any proceeds from the offering. RBC Capital Markets acted as the underwriter for the offering.
The offering was made in the United States only by means of a prospectus supplement to a base prospectus forming a part of an effective registration statement on Form F-3ASR (File No. 333-241513) filed with the United States Securities and Exchange...
The Victory Bank Foundation’s Inaugural Golf Outing Results
Written by Customer Service on . Posted in Public Companies.
LIMERICK, Pa., June 08, 2023 (GLOBE NEWSWIRE) — On May 8th, The Victory Bank Foundation held its inaugural golf outing at Brookside Country Club in Pottstown. The day was filled with great weather, fellowship, and awesome hospitality from the Country Club! The purpose of the outing was to raise funds for the newly formed Foundation.
Over $14,000 was raised for the Foundation and the contributions will help serve the community and help uplift those most disadvantaged.
“We can’t thank everyone enough for their participation and support,” stated Joseph W. Major, CEO and Bank Leader.
Congratulations to the winning foursomes!
First place (after six tie-breakers!), winning score of 62 (-10): John Allen Jr, Jeremy Bingaman, John Jones Sr., John Jones Jr.
Runner-up score of 62 (-10): Jeremy Crum, Kyle Eddinger, Alan Kulaga, Eli Zimmerman
Title...
180 Degree Capital Corp. Presents Analysis Supporting Position That the Returns of Preferred Stockholders of Comscore, Inc. Would Benefit Substantially From a Higher Common Stock Price
Written by Customer Service on . Posted in Public Companies.
180 believes SCOR’s current share price is historically undervalued with the potential for significant appreciation.
180 is convinced that the collapse of SCOR’s stock price has materially impacted the return on investment (ROI) of the preferred stockholders, particularly from its estimates of their original expectations.
180 provides an analysis that highlights the importance of SCOR’s common stock price performance to the ROI for the preferred stockholders and suggests significant alignment exists between preferred and common stockholders.
This analysis supports 180’s position that the preferred stockholders need to immediately take actions specifically designed to boost SCOR’s common share price.
If no action is taken, and SCOR’s share price continues to languish, 180 calculates that the ROI for preferred stockholders is capped at...
Sompo International appoints Monica Cramér Manhem to European (SIIE) Board of Directors
Written by Customer Service on . Posted in Public Companies.
PEMBROKE, Bermuda, June 08, 2023 (GLOBE NEWSWIRE) — Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced the appointment of Monica Cramér Manhem to Sompo International’s subsidiary board of directors for SI Insurance (Europe), SA (“SIIE”). She will serve as Independent Non-Executive Director.
“Monica is a respected industry leader and I am very pleased that she has joined SIIE’s board. Her strong background, depth of expertise and guidance will be instrumental as we expand and grow our business in Europe,” said James Shea, Executive Chairman of the Board of Directors and CEO of Sompo International.
Julian James, CEO, Global Markets, Commercial P&C and Chairman of SIIE added, “I’m delighted to welcome Monica to SIIE’s Board of Directors. Her wealth of experience...
La-Z-Boy Announces Timing of Fiscal 2023 Fourth Quarter Earnings Release/ Conference Call
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MONROE, Mich., June 08, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2023 fourth quarter results after the close of trading on the New York Stock Exchange on Tuesday, June 20, 2023, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, June 21, 2023.
The dial-in phone number for the live conference call will be (888) 506-0062 for persons calling from within the U.S. or Canada, and the number for international callers will be (973) 528-0011. The participant access code is 392627.
The call will be webcast live, with corresponding slides, and archived on the Internet. It will be available at https://lazboy.gcs-web.com/, and will be accessible for one year. A telephone replay will be available for one week following the call. This replay will...
Aktia Bank Plc’s Restricted share plan continues
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Aktia Bank PlcStock Exchange Release8 June 2023 at 5.30 p.m.
Aktia Bank Plc’s Restricted share plan continues
Aktia Bank Plc’s Board of Directors has decided to continue the share-based long-term incentive arrangement (Restricted Share Plan).
The total number of Aktia Bank Plc’s shares paid under the Restricted Share Plan was increased by 100,000 shares, bringing the maximum number of shares for the whole plan up to 380,000.
No reward will be paid if the participant’s employment or service ends before the payment of the reward. The number of shares represents a gross earning, from which the applicable tax is withheld, and the remaining net value is paid in shares to the key employees participating in the plan. The Board of Directors can decide whether the reward is paid by using newly issued shares, the company’s existing treasury...
Large Phase 3 clinical trial successfully meets primary endpoint, confirming the potential of ALK’s house dust mite tablet in young children
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Primary and all key secondary confirmatory endpoints were met, with an improvement in the total combined allergic rhinitis score (TCRS) of 22% compared to placebo (primary endpoint). Results were highly statistically significant and consistent across multiple endpoints
The Phase 3 efficacy and safety trial of ALK’s house dust mite tablet involved 1,458 children aged 5 to 11 in North America and Europe
One of the largest ever paediatric allergy immunotherapy trials and a key element of ALK’s strategy of expanding its tablet portfolio to cover all relevant age groupsALK (ALKB:DC / OMX: ALK B / AKBLF) today announced top-line results from a Phase 3 paediatric clinical trial of its sublingual allergy immunotherapy tablet for the treatment of house dust mite (HDM)-induced allergic rhinitis. The HDM tablet is marketed as ACARIZAX® in Europe...
U.S. Consulate General Shanghai Visits Erayak Power Solution Group in an Effort to Strengthen Bilateral Trade between China and the U.S.
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Erayak Chairman & CEO Mr. Lingyi Kong and Chief of Office of Provincial Relations, Ms. Lisa Podolny from the U.S. Consulate General Shanghai
Figure 1: Erayak Chairman & CEO Mr. Lingyi Kong and Chief of Office of Provincial Relations, Ms. Lisa Podolny from the U.S. Consulate General ShanghaiFrom left to right Researcher of the Wenzhou Foreign Affairs Office
Figure 2: From left to right: Researcher of the Wenzhou Foreign Affairs Office, Mr. Chen Jin, Deputy Director of Wenzhou Bay New District Management Committee, Ms. Huang Jian, Erayak Chairman & CEO Mr. Lingyi Kong, Chief of Office of Provincial Relations, Ms. Lisa Podolny and Administrative Management Assistant, Li Haojinchuan from the U.S. Consulate General Shanghai, Wang Ning from Wehnzhou Bay New District Investment Promotion BureauWenzhou, China, June 08, 2023...