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Day: April 10, 2024

Regarding approval of dividend allocation of INVL Baltic Farmland for the year 2023

The Annual General Shareholders Meeting of the public joint stock company INVL Baltic Farmland (hereinafter – “the Company“) held on 10 April 2024 approved to allocate a dividend of EUR 0.12 per share for the year 2023 (the total amount allocated for dividends is EUR 388 thousand). The Board of the Company notes that the Dividend Payment Policy of the Company was approved during the Annual General Shareholders Meeting held on 10 April 2018, targeting at least EUR 0.10 per share dividend. The Company notes that dividends will be paid out and dividend payment procedure for 2023 published within one month from the General Shareholders Meeting that approved the decision to allocate the dividends. Persons, who will be shareholders of INVL Baltic Farmland at the end of 24 April 2024, the tenth business day after the General Shareholders Meeting...

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Resolutions of the General Ordinary Shareholders‘ Meeting of INVL Baltic Farmland

Resolutions of the General Ordinary Shareholders‘ Meeting of INVL Baltic Farmland that was held on 10 April 2024. 1. Presentation of the Company‘s consolidated annual report for 2023 1.1. Shareholders of the Company were presented with the consolidated annual report of the Company for 2023 (attached) (there is no voting on this issue of agenda). 2. Presentation of the independent auditor’s report on the financial statements and consolidated annual report of the Company 2.1. Shareholders of the Company were presented with the independent auditor’s report on the financial statements and consolidated annual report of the Company (attached) (there is no voting on this issue of agenda). 3. Regarding the assent to the remuneration report of the Company, as a part of the consolidated annual report of the Company for the year 2023 3.1....

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Stolt-Nielsen Limited Reports Unaudited Results For the First Quarter of 2024

Stolt-Nielsen Limited Reports Unaudited ResultsFor the First Quarter of 2024 A strong quarter marks a solid start to 2024 LONDON, April 10, 2024 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the first quarter ending February 29, 2024. The Company reported a first-quarter net profit of $104.0 million with revenue of $707.3 million, compared with a net profit of $99.8 million with revenue of $708.7 million in the first quarter of 2023. Highlights for the first quarter of 2024, compared with the first quarter of 2023, were:Stolt-Nielsen Limited (SNL) consolidated EBITDA1 of $207.2 million, down from $215.6 million. Earnings per share in the first quarter was $1.94, up from $1.86. Stolt Tankers reported operating profit of $93.0 million, up from $87.1 million.   The STJS average time-charter equivalent...

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Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward

April 10, 2024 Philips confirms that further to communicating the main terms of the Philips Respironics consent decree on January 29, 2024, Philips’ subsidiaries Philips Holding USA and Philips Respironics have now reached final agreement on the consent decree with the DOJ and FDA. As previously stated:The consent decree primarily focuses on Philips Respironics’ business operations in the US. It provides clarity and a roadmap to demonstrate compliance with regulatory requirements and to restore the Philips Respironics business. Philips Respironics is committed to meeting the consent decree requirements, while continuing to service healthcare providers and their patients under agreed conditions in the US and outside the US. The 2023 – 2025 Group financial outlook takes the consent decree into account and remains unchanged. Amsterdam,...

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Caledonia Mining Corporation Plc: Issue of Securities Pursuant to Long Term Incentive Plan Awards and Issue of New Long Term Incentive Plan Awards

ST HELIER, Jersey, April 10, 2024 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“the Company” or “Caledonia”) (NYSE AMERICAN, AIM and VFEX: CMCL) announces that following the vesting of long-term incentive plan awards (“LTIPs”) on April 2, 2024, which were awarded under the Company’s 2015 Omnibus Equity Incentive Compensation Plan (the “Plan”), a total of 335 common shares of no par value in the Company are being issued to members of staff within the Company’s group (none of whom are “Persons Discharging Managerial Responsibility” (“PDMRs”) within the meaning of the Market Abuse Regulation (EU) No. 596/2014), including in the form of Zimbabwe depositary receipts in respect of such shares, on or about April 12, 2024.   The Plan was established in 2015 and LTIPs...

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Interim report for Q3 2023/24: B&O’s strong gross margin performance contributed to positive earnings in Q3 despite lower revenue

Despite a lower-than-expected revenue level, Bang & Olufsen generated positive earnings and delivered another quarter with a record-high gross margin. This is an outcome of the company’s continued work to implement its Luxury Timeless Technology strategy and build a more resilient business. Enhanced focus on the customer experience in branded channels, luxury positioning, and product excellence are key elements in this transition. The macroeconomic conditions in key markets in Europe did not improve as the company expected. This impacted sales during the quarter. Also, B&O does not expect the Chinese economy to improve significantly in the near future. Therefore, the company adjusted its full-year revenue outlook on 17 March 2024. Group revenue for the quarter declined by 3.4% (3% in local currencies) year-on-year. The company’s...

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The net asset value of EfTEN Real Estate Fund AS shares as of 31.03.2024

In March, EfTEN Real Estate Fund AS generated a consolidated rental income of 2,545 thousand euros, which is 6 thousand euros less than in February. The rental income decreased by 33 thousand euros in March due to the expiration of a lease agreement with an anchor tenant in an office building located in Vilnius. Conversely, rental income increased due to a decrease in vacancy in a logistics building in Kekava and due to turnover rents in the Saules Miestas, RAF Centrs, and UKU shopping centers. For the first quarter of this year, the consolidated rental income totaled to 7,637 thousand euros, representing a 2% increase over the same period last year. The Fund’s consolidated EBITDA for the first quarter of this year was 6,460 thousand euros, which is a 0.1% increase from last year. During the first quarter of 2024, EfTEN Real Estate...

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Moody’s upgraded LHV Pank’s long-term deposit rating to A3

The rating agency Moody’s Investors Service affirmed AS LHV Pank’s and AS LHV Group’s new raitings, upgrading LHV Pank’s long-term deposit rating from Baa1 to A3 level (with positive outlook) and revising LHV Group’s ratings’ outlooks to positive from stable. This indicates LHV’s strong financial position and capitalization as well as expresses the expectation of further strengthening of solidity. Moody’s has assigned long-term issuer ratings to AS LHV Group:Long-term issuer rating Baa3 Senior unsecured rating Baa3 Outlook of the ratings revised to positiveConjointly Moody’s affirmed the raitings assigned to AS LHV Pank:Long- and short-term counterparty risk assessment of A3(cr)/Prime-2(cr) Long- and short-term counterparty risk rating of A3/Prime-2 Long-term bank deposit rating A3 Short-term bank deposit rating...

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Tims China Surpasses 20 Million Loyalty Club Members

SHANGHAI, China and NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, surpassed 20 million registered loyalty club members on March 31, 2024.   [20 Million Member Milestone] Loyalty club members are a crucial driver of Tims China’s growth, and this milestone underscores the customers’ embrace of our program. Yongchen Lu, CEO of Tims China, said, “The months around our fifth anniversary celebration in February have already seen some remarkable events, including opening of our 900th store and entrance into our 60th city in China. This achievement is no less important: we had over 7 million more guests join our loyalty program in the last 12 months to bring us to this 20 million member milestone....

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Constellation Software Inc., Topicus.com Inc. and Lumine Group Inc. Announce Annual Meetings

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) — The Topicus.com Inc. (“Topicus”) (TSXV:TOI) annual general meeting of shareholders will be held on Monday, May 13, 2024 at 8:00 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Lumine Group Inc. (“Lumine Group”) (TSXV:LMN) annual general meeting of shareholders will be held on Monday, May 13, 2024 at 8:30 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Constellation Software Inc. (“Constellation” or “CSI”) (TSX:CSU) annual meeting of shareholders will be held on Monday, May 13, 2024 at 9:00 a.m. EST using a virtual meeting format, with proceedings conducted solely via live audio webcast. The link for the Topicus meeting is https://meetnow.global/MJUSM2T. The link for the Lumine Group...

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