Day: August 20, 2023

Rogers Communications Announces the Passing of Philip B. Lind

TORONTO, Aug. 20, 2023 (GLOBE NEWSWIRE) — It is with deep sadness that Rogers Communications Inc. announces the passing of Phil Lind, long-standing member of the Board of Directors and company executive. “Phil worked for Rogers for 54 years, nearly 40 of them with my father and helped build Rogers into the telecom and media powerhouse it is today,” said Edward Rogers, Chair, Rogers Communications. “He has been involved in every key decision in the company’s history and we are forever grateful for his countless contributions.”  From the Maclean Hunter deal to the Rogers-Shaw deal, Phil played an integral role in every major transaction in the company’s history. He was a tireless advocate for multilingual, multicultural and specialty programming. Phil was instrumental in the creation of the Rogers Group of Funds and championed Canada’s...

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Kvika banki hf.: Change of CEO

The Board of Directors of Kvika banki hf. („Kvika“ or „the bank“) and the bank‘s CEO, Marinó Örn Tryggvason, have today reached an agreement on the CEO’s retirement. Discussions regarding the retirement were initiated by the CEO. The retirement has become effective. The Board of Kvika has engaged Ármann Þorvaldsson as the bank’s CEO, effective as of today. Ármann previously held the position as CEO of Kvika, in the years 2017-2019 and was deputy CEO between 2019-2022. He has decades of experience in the financial market. Ármann graduated with an MBA degree from Boston University in 1994 and has an BA degree in history from the University of Iceland. Marinó Örn Tryggvason, departing CEO: “I started working at Kvika over six years ago and have been the company’s CEO for the last four years. During this time, the bank’s operations have...

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AS Pro Kapital Grupp proposes to the bondholders to change the terms and conditions of unsecured bonds

AS Pro Kapital Grupp (hereinafter referred to as the Issuer) has issued 3,459,081 unsecured bonds with ISIN EE3300001676 (hereinafter the Bonds) in the total value of 9,685,426.80 euros. The Bonds bear 8% interest and their Redemption Date1 is 31 October 2024. The bonds are traded on the Nasdaq Tallinn stock exchange. In connection with the plan to continue development activities, the Issuer hereby proposes to the Investors to extend the Bonds’ redemption term by 2+2 years. According to initial plans, the Issuer is ready to redeem the Bonds by 31 October 2026, once the ongoing development projects are completed. However, the Issuer would like to have the right to further postpone the Redemption Date by two years in case there are unexpected turns in the real estate market. Considering the above, the Issuer has decided to request for the...

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AS Pro Kapital Grupp proposes to the bondholders to change the terms and conditions of unsecured bonds

AS Pro Kapital Grupp (hereinafter referred to as the Issuer) has issued 3,459,081 unsecured bonds with ISIN EE3300001676 (hereinafter the Bonds) in the total value of 9,685,426.80 euros. The Bonds bear 8% interest and their Redemption Date1 is 31 October 2024. The bonds are traded on the Nasdaq Tallinn stock exchange. In connection with the plan to continue development activities, the Issuer hereby proposes to the Investors to extend the Bonds’ redemption term by 2+2 years. According to initial plans, the Issuer is ready to redeem the Bonds by 31 October 2026, once the ongoing development projects are completed. However, the Issuer would like to have the right to further postpone the Redemption Date by two years in case there are unexpected turns in the real estate market. Considering the above, the Issuer has decided to request for the...

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