Day: May 7, 2024

Motorsport Games Reports First Quarter 2024 Financial Results

Motorsport Games Reports First Quarter 2024 Financial Results Motorsport Games Reports First Quarter 2024 Financial Results MIAMI, May 07, 2024 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its first quarter ended March 31, 2024. The Company has also posted the first quarter 2024 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company’s investor relations website. “The first quarter of 2024 marked a significant milestone in the company’s rejuvenation with the release of the first game developed solely by Studio 397, Le Mans Ultimate, to recognizably positive reviews,” commented Stephen Hood, President and Chief Executive Officer of Motorsport Games. “Thanks to the hard work of our talented...

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Lesaka to acquire leading payment platform Adumo welcoming new shareholders Apis and ARC

JOHANNESBURG, South Africa, May 07, 2024 (GLOBE NEWSWIRE) —  Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka”) has signed a definitive agreement to acquire Adumo RF (Pty) Ltd (“Adumo”) for ZAR 1.59 billion ($85.9 million translated at the prevailing rate $1: ZAR 18.50 as of May 7, 2024). The transaction is subject to shareholder and regulatory approvals. The purchase consideration1 will be settled through the combination of an issuance of 17,279,803 shares of Lesaka common stock to Adumo’s current ultimate shareholders plus ZAR 232 million ($12.5 million) in cash, funded by internal cash resources and external financing. Adumo’s ultimate shareholders include Apis Growth Fund I, a private equity fund managed by Apis Partners LLP (“Apis”), African Rainbow Capital (“ARC”), the largest shareholder of Crossfin Holdings (RF)...

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Nokia Corporation: Repurchase of own shares on 07.05.2024

Nokia CorporationStock Exchange Release07 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 07.05.2024 Espoo, Finland – On 07 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 376,202 3.48 CEUX – – BATE – – AQEU – – TQEX – – Total 376,202 3.48 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Calian Renews $10M Contract for Military Training with Canadian Defence Academy and Military Personnel Generation Group

OTTAWA, May 07, 2024 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions has renewed a contract worth $10M to provide military training support services for the Canadian Defence Academy (CDA) and Military Personnel Generation Group (MPG). Calian will deliver comprehensive academic and developmental support, clerical support, training support, instructional support, and courseware development in relation to Canadian Armed Forces (CAF) training courses provided through the CDA and MPG. Work will bolster critical training programs across Canada, elevating operational readiness when the CAF cannot afford to fail. “We are excited and honored to continue our partnership with CDA and MPG in supporting the women and...

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HOPE GAS CONTINUES TO INVEST IN WEST VIRGINIA WITH AGREEMENT TO PURCHASE CONSUMERS GAS UTILITY COMPANY

The investment marks Hope’s sixth acquisition transaction in West Virginia and adds a thirty-eighth county to its Mountain State service territory Morgantown, WV, May 07, 2024 (GLOBE NEWSWIRE) — Hope Gas (Hope) today announces an agreement to purchase Consumers Gas Utility Company in West Virginia. This transaction is subject to review and approval by the Public Service Commission of West Virginia. This agreement marks the sixth acquisition transaction by Hope Gas in West Virginia in just over one year. The company has previously acquired Equitrans Gathering, Hometown Gas, Peoples Gas WV and Southern Public Gas Company. An acquisition of Standard Gas Company and Bazzle Gas Company is expected to close in mid-2024. The acquisition of Consumers Gas will add approximately 8500 new customers across Cabell, Jackson, Putnam, Ritchie,...

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EXEL Industries: Number of shares and voting rights as of 04.30.2024

EXEL IndustriesA French Société Anonyme with a share capital of €16,969,750Registered office: 54, rue Marcel Paul – 51206 Epernay Cedex – FranceReims Companies Register (RCS): No. 095 550 356 Number of shares and voting rightsArticle 223-16 of the AMF regulation Date Total number of shares comprising the share capital Total number of voting rights April 30, 2024   6,787,900   Theoretical voting rights: 10,875,275 Exercisable voting rights*: 10,871,565 * After deduction of shares without voting rights Attachment EXEL Industries Droits de vote 2024.04.30_EN

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AAPKI VENTURES INC. CORPORATE UPDATE

Surrey, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Aapki Ventures Inc. (“AAPKI” or the “Company”) (CSE: APKI) (FFT: 64Q), announces that Parmjeet Johal has resigned from the Board of the Company, effective immediately, due to personal reasons. As replacements for Mr. Johal, the Company is pleased to announce that Mr. Marcus D. Withers and Mr. John Flynn will join the Company as independent directors. BACKGROUND ON NEW DIRECTORS Mr. Withers has extensive experience in business management, having served as CEO of The Property Group LLC and MKM Investment Group LLC since 2005. He also owned and operated a notable hospitality business in Louisville and supported music artists through an artist development program. Recently, Mr. Withers worked in the auto dealership business with his family, specializing...

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Brookfield Reinsurance Announces Credit Rating Upgrade of American Equity Investment Life Insurance Company to A

BROOKFIELD, NEWS, May 07, 2024 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced that its wholly-owned operating subsidiary American Equity Investment Life Insurance Company (“AEL”) has received an upgrade to its Insurer Financial Strength (“IFS”) rating from S&P Global Ratings (“S&P”) to “A” from “A-”. The upgrade reflects AEL being core to the overall Brookfield Reinsurance group and benefitting from the strong capital position and earnings profile of Brookfield Reinsurance. American National Insurance Company’s “A” IFS rating has been reaffirmed, with credit watch removed following the completion of Brookfield Reinsurance’s acquisition of American Equity Investment Life Holding Company (“AEILHC”). As a result, the existing senior bonds of AEILHC will receive a rating increase to “BBB”...

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Toll Brothers Honored at the Shore Builders Association of Central New Jersey Awards

Company wins six awards, including Community of the Year for Regency at Manalapan FREEHOLD, N.J., May 07, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced that the Company’s New Jersey Division was honored with six awards at the 2024 Fabulous Achievements in Marketing Excellence (FAME) Awards held at South Gate Manor in Freehold, New Jersey. Presented by the Shore Builders Association of Central New Jersey, the FAME Awards honor home builders of the New Jersey Builders Associations who have made major contributions to the home building industry. The awards span categories from product and design to advertising, marketing, and professional achievements. Toll Brothers was selected as the winner in the following categories: Community of the Year, Adult Community...

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