Day: December 17, 2023

Chris Shackelton invited to join Board of Directors Coliseum committed to support full slate of Board nominees at 2024 and 2025 AGMs Coliseum intends to grow its position, with hope of becoming largest shareholderMONTREAL, Dec. 17, 2023 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced a support agreement with Coliseum Capital Management, LLC (“Coliseum”), pursuant to which Coliseum will support Gildan’s full slate of Board nominees at each of the 2024 and 2025 Annual Meetings of Shareholders. In connection with the agreement, and after meeting with members of Gildan’s Board of Directors, Coliseum currently intends to make an additional investment in Gildan through market purchases during insider open window periods. Additionally, Chris Shackelton, a Co-Founder and Managing...

Reference is made to the Subsequent Offering in Ensurge Micropower ASA (the “Company”) which commenced on 1 December 2023 and expired on 15 December 2023, at 16:30 CET. The Subsequent Offering was substantially oversubscribed, including subscriptions from eligible shareholders, oversubscriptions, and subscriptions without subscription rights.  The Company’s board of directors have today considered the subscriptions and allocations of Offer Shares, and have resolved to issue a total of 125,000,000 Offer Shares, at a subscription price of NOK 0.10 per Offer Share, to eligible shareholders. The letters of allocation will be distributed, and the payment for the allocated Offer Shares falls due on 20 December 2023.  Following the share capital increase resolved in connection with the Subsequent Offering, the Company’s share capital...

The Board of Directors at Nilfisk announces the appointment of Jon Sintorn as new CEO, after conducting a thorough search process over the last six months. Jon Sintorn, a Swedish national with extensive leadership and CEO experience joins Nilfisk from Nobia AB, where he has served as President & CEO since 2019, leading a transformation of the company. Nobia AB is a European leader in designing, producing, and selling kitchens to consumers and professionals, serving seven main markets with 5,500 employees, delivering an annual revenue of around 14 bn SEK. Previously, Jon served as President & CEO of Permobil AB for 9 years. During his tenure, the company grew from a small niche player to a global leader increasing revenue from SEK 1 bn to SEK 4 bn. Peter Nilsson, Chair of the Board of Directors in Nilfisk comments:“I am...