Day: July 15, 2024

GAMCO Will Benefit From Executive Decision to Waive Compensation from August 1, 2024 to October 31, 2024

GREENWICH, Conn., July 15, 2024 (GLOBE NEWSWIRE) —  GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) announced today that its Chairman and co-CEO, Mr. Mario J. Gabelli, has elected to waive all of his Portfolio and Relationship compensation that he would otherwise have been entitled to for the period from August 1, 2024 to October 31, 2024. This waiver does not include his Incentive Management Fee. About GAMCO Investors, Inc. GAMI is known for its research-driven value approach to equity investing (known as PMV with a CatalystTM). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed semi-transparent ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts,...

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Draft of restructuring plan submitted

On July 29, 2024, draft resolution of the general extraordinary meeting of shareholders AB „Utenos trikotažas“ (hereinafter, the “Company”) draft resolution of the extraordinary general meeting of shareholders. Agenda and draft decisions of the Meeting: Regarding the Company’s appeal to the Court with a request to initiate the Company’s restructuring case and the approval of the Company’s 4-year restructuring plan project. Project of The Decision: „To approve the Company’s appeal to the Court with a request to initiate the Company’s restructuring case and to approve the Company’s 4-year restructuring plan project. “ AB Utenos Trikotažas representative Eglė Rakauskaitė,  egle.rakauskaite@ut.lt, tel. +370 6196107 Nomeda Kaučikienė, CEO of AB Utenos trikotažas Attachment Utenos trikotazas restructuring...

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Baltic Horizon Fund publishes its NAV for June 2024

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) amounted to EUR 0.8058 at the end of June 2024 (0.9070 as of 31 May 2024). The month-end total net asset value of the Fund was EUR 96.4 million (EUR 108.5 million as of 31 May 2024). The NAV decrease was mainly affected by the revaluation of investment properties. The EPRA NRV as of 30 June 2024 stood at EUR 0.8524 per unit. At the end of June 2024, portfolio valuations were conducted by an independent real estate appraiser. As at 30 June 2024, the fair value of the Baltic Horizon Fund portfolio decreased to EUR 239.9 million (31 December 2023: 250.4 million). The change in portfolio value was mainly driven by the changes in exit yields and upward adjustments of the weighted average cost of capital (WACC). The summary of property valuations will be published on the...

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Baltic Horizon Fund publishes its NAV for June 2024

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) amounted to EUR 0.8058 at the end of June 2024 (0.9070 as of 31 May 2024). The month-end total net asset value of the Fund was EUR 96.4 million (EUR 108.5 million as of 31 May 2024). The NAV decrease was mainly affected by the revaluation of investment properties. The EPRA NRV as of 30 June 2024 stood at EUR 0.8524 per unit. At the end of June 2024, portfolio valuations were conducted by an independent real estate appraiser. As at 30 June 2024, the fair value of the Baltic Horizon Fund portfolio decreased to EUR 239.9 million (31 December 2023: 250.4 million). The change in portfolio value was mainly driven by the changes in exit yields and upward adjustments of the weighted average cost of capital (WACC). The summary of property valuations will be published on the...

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Organic growth of 20% of the revenue as of June 24

Press release        Ecully, July 11, 2023 – 6 p.m. First-half 2023 revenue of €5.4 million (+75%) Continued ramp-up of Distimp products Strong sales growth in Europe In thousands of euros Unaudited data 2023 2022 % change 2023/2022 Q1 revenue 2,399 1,342 +79% Q2 revenue 3,033 1,770 +71% H1 revenue 5,432 3,113 +75% Spineway’s total revenue for the first half of 2023 was €5.4 million, up 75% compared with the first half of 2022. Growth was driven mainly by the contribution of sales of Spine Innovations, acquired in July 2022. However, organic growth1 remained sustained, representing 12% in the first half of 2023, thanks to the steep increase in Distimp sales (+66%), demonstrating the momentum spurred by the Group’s commercial activity over the period. In Latin America, Spineway benefited from a catch-up in sales in the second...

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EssilorLuxottica: Second-Quarter and First-Half 2024 Results Conference Call Invitation

Second-Quarter and First-Half 2024 ResultsConference Call Invitation Mr FRANCESCO MILLERI, Chairman and Chief Executive Officer,Mr PAUL DU SAILLANT, Deputy Chief Executive Officer,Mr STEFANO GRASSI, Chief Financial Officer, andMr GIORGIO IANNELLA, Head of Investor Relations,have the pleasure of inviting you to our Second-Quarter and First-Half 2024 Results Conference Call on: Thursday, July 25, 2024, at 6:30 pm CEST Dial-in telephone access: If you wish to dial into the conference call, please pre-register at the following link to receive the personal credentials (Dial-in numbers, Conference ID and User ID): https://aiti.capitalaudiohub.com/essilorluxottica/reg.html If you encounter any issue in the pre-registration phase you may contact ir@essilorluxottica.com, providing your name and surname and the name of your company. Live webcast: You...

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Urgent Care for Kids Expands Network of Care in Houston, Texas

Serving even more of the Houston community with 11 additional Urgent Care for Kids clinics. Urgent Care for Kids Eleven more urgent care clinics for the Houston community. HOUSTON, TX, July 15, 2024 (GLOBE NEWSWIRE) — Urgent Care for Kids, a leading provider of pediatric care, is thrilled to announce the expansion of its network in Houston, Texas. With Urgent Care for Kids’ recent acquisition of 11 Pediatrix Medical Group Primary + Urgent Care clinics, formerly NightLight Pediatrics Urgent Care, they are now able to serve even more of the Houston community, bringing high-quality and convenient healthcare to children and families. Since its establishment in 2011, Urgent Care for Kids has been dedicated to reimagining the delivery of pediatric care. Urgent Care for Kids prides itself on its commitment to accommodate busy parents....

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Disclosure of transactions in own shares from July 08th to July 12th, 2024

Nanterre, July 15th, 2024 Disclosure of transactions in own shares From July 08th to July 12th, 2024 Within the framework of the authorization granted by the General Meeting of VINCI SA of April 09, 2024, to trade in its shares and in accordance with the regulations relating to share buybacks, VINCISA (LEI:213800WFQ334R8UXUG83) declares the purchases of treasury shares below (FR0000125486), carried out From July 08th to July 12th, 2024: I – Aggregate presentation by day and by market Issuer’s name Date of transaction Identifying code of financial instrument Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares in Euro Market (MIC code) VINCI 08/07/2024 FR0000125486 42 394 106,144807 XPAR VINCI 09/07/2024 FR0000125486 115 740 103,679992 XPAR VINCI 10/07/2024 FR0000125486 79 243 103,899625 XPAR VINCI 11/07/2024 FR0000125486 76...

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Zapp EV Secures Required Regulatory Approval Enabling First Customer Deliveries in the United Kingdom

First deliveries expected in August 2024 ahead of wider commercial rollout, including in India and additional countries in Europe and Southeast Asia LONDON, July 15, 2024 (GLOBE NEWSWIRE) — Zapp Electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced initial units of its i300 urban motorcycle have received motorcycle single vehicle approval from the Driver and Vehicle Standards Agency in the United Kingdom. Following this approval, the i300 may be used on public roads in the United Kingdom, paving the way for sales of the i300 to Zapp’s first customers. Zapp expects these first deliveries in August 2024, ahead of wider commercial rollout in Europe and Asia in the following months. Swin...

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US employers more conservative with salary budgets as employee base stabilizes

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) — Almost half (47%) of U.S. organizations report that their salary budgets for the 2024 cycle are lower than the previous year, as the overall median pay raise for 2024 fell to 4.1%, compared with 4.5% in 2023. That’s according to the latest Salary Budget Planning Report by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. The report found employers are being more conservative with their salary budgets as they anticipate lower demand resulting in longer-term stability in their employee base following a period of high resignation and turnover. While around two-fifths of employers (38%) report having trouble attracting and retaining talent in 2024, this figure has dropped almost 20 percentage points from two years ago (57%). Overall salary budget increases are expected...

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