Month: May 2024
Unaudited interim results for the three-month period ended 31 March 2024
Serabi (AIM:SRB, TSX:SBI, OTCQX:SRBIF), the Brazilian focused gold mining and development company, is pleased to release its unaudited results for the three-month period ended 31 March 2024.
A copy of the full interim statements together with commentary can be accessed on the Company’s website using the following link: https://bit.ly/3KlLKOH
“This has been a rewarding quarter of financial performance” said Clive Line, Serabi’s CFO. “EBITDA of $4.7 million is a 103% improvement compared with the first quarter of 2023, but also a 37 per cent improvement on the last quarter of 2023. The cash position remained steady, reflecting the continued investment in development and ramp up of Coringa and on-going mine development at Palito.
“Following the renewal in January 2024...
Renewi announces sale of UK Municipal business to Biffa
Written by Customer Service on . Posted in Public Companies.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 (“MAR”) AND MAR WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED (“UK MAR”)
30 May 2024
Renewi plc
Renewi announces sale of UK Municipal business to Biffa
Renewi plc (“Renewi” or the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading European waste-to-product company, is pleased to announce that, following the strategic review of its UK Municipal operations (“UK Municipal”), announced in September 2023, it has entered into a binding agreement to sell UK Municipal to Biffa Limited (“Biffa”), a leading UK-wide integrated waste management business (the “Divestment”).
Renewi’s CEO, Otto de Bont: “The sale of UK Municipal to Biffa is a transformational...
Azerion publishes interim Q1 2024 results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Strong growth in Platform advertising revenue driving improved profitability
Highlights of Q1 202431% growth in Platform advertising revenue to € 89.2 million in Q1 2024, compared to € 68.0 million in Q1 2023, mainly driven by increased Direct sales and Automated auction sales and the benefits of integrating and consolidating past acquisitions, including Hawk as Azerion’s single media buying platform.
58% increase in Hawk revenue as compared to Q1 2023, largely due to scale benefits and efficiencies from operating within Azerion’s Platform and confirming the improved value proposition and synergies generated by the acquisition.
Total Revenue of € 119.7 million in Q1 2024, up 6.2% from € 112.7 million in Q1 2023, mainly driven by higher advertising spend across the Platform Segment particularly in Direct sales, the integration of past...
FRO – First Quarter 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024
Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2024:
HighlightsProfit of $180.8 million, or $0.81 per share for the first quarter of 2024.
Adjusted profit of $137.9 million, or $0.62 per share for the first quarter of 2024.
Declared a cash dividend of $0.62 per share for the first quarter of 2024.
Reported revenues of $578.4 million for the first quarter of 2024.
Took delivery of the remaining 13 VLCCs from Euronav NV (“Euronav”) as part of the acquisition of 24 VLCCs (the “Acquisition”).
Achieved average daily spot VLCC time charter equivalent earnings (”TCEs”)1 of $48,100 per day , comprised of $54,200 per day for the Company’s existing VLCC fleet prior to the Acquisition...
SIKA RECEIVED SBTi VALIDATION FOR ITS NET-ZERO TARGETS
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SIKA RECEIVED SBTi VALIDATION FOR ITS NET-ZERO TARGETS
Sika’s near and long-term emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science Based Targets initiative (SBTi)1. This important achievement underscores Sika’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries.
By 2032, Sika is committed to reducing its greenhouse gas (GHG) emissions by 50.4% compared to the 2022 baseline, for scope 1 and scope 2 emissions, whilst advancing its growth strategy. These include direct emissions from owned or controlled sources, as well as indirect emissions from purchased electricity, steam, heating, and cooling. Over the same period, the company is also committed to reducing its scope 3 emissions by 30%, which includes all other indirect emissions...
JCDecaux sells part of its stake in APG|SGA to NZZ
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JCDecaux sells part of its stake in APG|SGA to NZZ
Paris, 30 May 2024 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that it has concluded an agreement to sell part of its stake in APG|SGA, the leading out-of-home media company in Switzerland, to NZZ a leading Swiss press group who will become the first shareholder of the company. The transaction is expected to be completed in the coming days.
Following the disposal process announced with Pargesa Asset Management S.A. (a fully owned subsidiary of Compagnie Nationale à Portefeuille, an investment company of the Frère Family) announced on February 27th and considering attractive financial and strategic options for its shares in APGISGA, JCDecaux SE will sell 13.56% of APGISGA to NZZ for CHF 220 per share. Post-transaction, NZZ will hold...
Microchip Technology Announces Pricing of Offering of $1.1 Billion of Convertible Senior Notes
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CHANDLER, Ariz., May 29, 2024 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced the pricing of $1.1 billion aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Microchip also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date Microchip first issues the notes, up to an additional $150 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on May 31, 2024,...
Regenx Announces Filing of Annual Documents
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EDMONTON, Alberta, May 29, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (the “Company” or “Regenx”) (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN:A2DSW3) announces that, further to its news releases dated April 12th, May 1st, May 13th and May 24th 2024, the Corporation has filed its annual financial statements, management’s discussion and analysis, and related certifications for the year ended December 31, 2023 (collectively, the “Annual Fillings”). The Corporation expects that the management cease trade order (the “MCTO”) that was issued on May 1st, 2024 will be revoked in the coming days. While the MCTO remains in effect, the general investing public will continue to be able to trade the Corporation’s securities. However, for the duration of the MCTO, the Chief Executive Officer and Chief Financial Officer of the Corporation...
Merus Announces Pricing of Upsized Public Offering of Common Shares
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UTRECHT, The Netherlands and CAMBRIDGE, Mass., May 29, 2024 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq: MRUS) (“Merus”, the “Company,” “we” and “our”), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced the pricing of an upsized underwritten public offering of 7,550,000 common shares, at a public offering price of $53.00 per share (the “Offer Shares”). Merus also granted the underwriters a 30-day option to purchase up to an additional 1,132,500 common shares (the “Option Shares” and together with the Offer Shares, the “Shares”). The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses and excluding the underwriters’ option to purchase the Option Shares, are expected to be approximately...
Poet Technologies Announces the Amendment and Acceleration of Warrants
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TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that, further to its news release dated March 22, 2024, it received approval today from the TSX Venture Exchange (the “Exchange”) to amend the terms of 539,318 common share purchase warrants of the Corporation (the “Amended Warrants“) that were issued pursuant to a private placement that closed on December 2, 2022 (the “Private Placement“).
The Amended Warrants are now exercisable to acquire one common share of the Corporation (each, a “Common...