Day: December 13, 2023

Evolution of Rexel’s Board of Directors Marie-Christine Lombard has informed Rexel’s Board of Directors that due to time constraints linked to recent developments in her activities, she has resigned from her position as independent director, effective December 13, 2023. The succession of Marie-Christine Lombard will be ensured through ongoing recruitment to complement the Board of Directors and bring in new skills. The Board of Directors, chaired by Agnès Touraine, currently consists of 11 directors including 5 women.        ABOUT REXEL GROUP Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets: residential, commercial, and industrial. The Group supports its residential, commercial, and industrial customers by providing a tailored and scalable...

Ivry-sur-Seine, December 13, 2023 – 6:00 p.m. CET Fnac Darty announces the successful renegotiation of its RCF credit line and the extension of its undrawn Delayed-Draw Term Loan (“DDTL”) to December 2026 Fnac Darty renegotiated its RCF credit line of 500 million euros maturing in March 2028, with the implementation of two new extension options, to March 2029 and March 2030, at the request of Fnac Darty and upon lenders’ approval. Financial conditions remain unchanged. In addition, Fnac Darty exercised the first 12-month extension option of its undrawn Delayed-Draw Term Loan (“DDTL”) credit line. As a reminder, this credit line of 300 million euros allows the Group to cover the refinancing of its outstanding senior bonds issued in 2019 and maturing in 2024. This option was subscribed at 100% of bank commitments. In case of drawing down...

TORONTO and MELBOURNE, Australia, Dec. 13, 2023 (GLOBE NEWSWIRE) — Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or the “Company“) announces an update on the FY23 audit. Banxa’s audit partner, PKF Antares (“PKF”), provided their final view on Banxa’s agency revenue recognition policy. Despite the independent accounting firm’s opinion and several detailed discussions on the IFRS standard, PKF have maintained their original position on Banxa’s agency revenue recognition policy. Banxa is disappointed with this outcome, especially considering that Banxa’s agency revenue recognition policy has been reviewed in the past by multiple auditors and the Canadian audit regulator, Canadian Public Accounting Board (“CPAB”). Furthermore, it has been frustrating to have PKF raise the agency revenue...

IZEA Founder Ted Murphy Named on Comparably’s ‘Best CEO’ List for Third Consecutive YearThe award is based on approval ratings and sentiment feedback from verified employees across categories such as leadership, job satisfaction, compensation, diversity and inclusion, work-life balance, and more.ORLANDO, Fla., Dec. 13, 2023 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands and agencies, announced today that its CEO, Ted Murphy, has been honored on Comparably’s Best CEO list for the third year in a row. Comparably, a leading workplace culture and compensation site, recognizes exceptional leaders who have made significant contributions to their organizations. The award is based on approval ratings and sentiment...

On 13 December 2023 a meeting of creditors of AB Snaigė was held to consider the revised draft restructuring plan of the Company.  The creditors approved the revised draft restructuring plan. General directorDarius VarnasPhone No. +370 315 56200

Press Release Stockholm, Sweden, December 13, 2023At the extraordinary general meeting (the “EGM”) of Mendus AB (publ), reg. no. 556629-1786, (the “Company”), on 13 December 2023 the EGM adopted, inter alia, the following resolutions. For more detailed information regarding the contents of the resolutions, please refer to the notice to the meeting and the complete proposals for resolutions, which have previously been published and are available on the Company’s website, www.mendus.com Election of a new board member and determination of remunerationThe EGM resolved, in accordance with the major shareholders’ proposal, that the board of directors shall consist of seven (7) ordinary members without deputies. Ted Fjällman was elected as new board member for the period until the end of the next annual general meeting. It was further resolved...

Thumzup Media CorporationRegulation A+ OfferingReg A+ Offering To End on January 10, 2024 Earn Up to 30% Bonus Shares for Larger Investment Amounts More Than $1.3 Million Raised So Far in its Qualified Offering under Regulation A+ with Over $4.6 Million Raised Since Inception Los Angeles, CA, Dec. 13, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is pleased to announce that it has already raised more than $1.3 million in its qualified offering under Regulation A+, among the top 5% most successful active Reg A+ and Reg CF offerings based on amount raised according to KingsCrowd data as of December 1, 2023[1]. Thumzup has now raised more than $4.6 million since inception, with many of its investors participating in multiple offerings as the Company...

UPDATE ON THE MANDATORY OFFER FOR ALL SHARES IN BW ENERGY FROM BW GROUP Ticker: BWE Oslo, 13 December 2023 – Reference is made to the announcement made by BW Group Limited (the “Offeror”) on 30 November 2023 regarding the Offeror’s intention to launch a mandatory offer for all remaining shares in BW Energy Limited (“BW Energy”) (the “Offer”). BW Energy has today been informed by the Offeror that the offer price per shares under the Offer will be NOK 27.00 and that the offer document is expected to be published today, 13 December 2023 with the offer period commencing on 14 December 2023, subject to final approval by the Oslo Stock Exchange. The board of directors of BW Energy will issue a statement and its recommendations with respect to the Offer as soon as possible after publication of the...

FREDERICKSBURG, Va., Dec. 13, 2023 (GLOBE NEWSWIRE) — K. Hovnanian️ Homes introduces The Grove at Jackson Village, an 850-unit townhome community in Fredericksburg. This community offers LOOKS: a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, Classic or Elements LOOKS, and enjoy cohesive style without the stress. “By whittling down an overwhelming number of design choices, we’ve been able to focus on making our ‘LOOKS’ stand out,” said Alexander Hovnanian, Executive Vice President of Homebuilding Operations. “Think of it this way: Would you rather buy fish from a diner with a menu the size of a phone book, or from a seafood restaurant that specializes in a few high-quality dishes?” With the innovative LOOKS process, including the online Design...

IRVING, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced that the Company has been recognized as an Emerging Solution Provider in the Hackett Value Matrix™ for Finance and Accounting Outsourcing Solution Providers (“FAO”). The Hackett Excelleration Matrix™ evaluates providers’ differentiated capabilities and also assesses the value that organizations can expect solutions to deliver. With process-level performance metrics and best practices implementation intelligence from over 25,000 benchmarks, The Hackett Group shows what leaders can expect to gain from specific services providers. According to the report, ‘Exela Technologies was assessed as a capable provider of FAO services with a robust...