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Day: September 18, 2024

Dividend 15 Split Corp. Increases Preferred Share Rate

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) is pleased to announce an increase in the Preferred Share dividend rate to 7.00% from 5.50% on the $10.00 repayment value for the new five-year term effective December 1, 2024.  The Preferred Share monthly dividends will be $0.05833 per share or $0.70 per annum and the new distribution rate represents an increase of $0.15 per annum from the previous rate.  Preferred shareholders have received a total of $10.86 per share in distributions since inception.  The dividend policy for the Class A Shares will remain at the current targeted rate of $0.10 per month, or $1.20 per annum. As previously announced on March 12, 2024 the Company will extend the termination date a further five year period from December 1, 2024 to December 1, 2029. In relation to the...

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Dividend 15 Split Corp. II Increases Preferred Share Rate

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (the “Company”) is pleased to announce an increase in the Preferred share dividend rate to 7.00% from 5.75% on the $10.00 repayment value for the new five-year term effective December 1, 2024. The Preferred Share monthly dividends will be $0.05833 per share or $0.70 per annum and the new distribution rate represents an increase of $0.13 per annum from the previous rate. Preferred shareholders have received a total of $9.58 per share in distributions since inception. The dividend policy for the Class A Shares will remain at the current targeted rate of $0.10 per month, or $1.20 per annum. A previously announced on March 12, 2024 the Company will extend the termination date a further five year period from December 1, 2024 to December 1, 2029. In relation to the...

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Kayne Anderson Energy Infrastructure Fund Completes Private Placement of $70 Million of Notes and $30 Million of Mandatory Redeemable Preferred Shares

HOUSTON, Sept. 18, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed a private placement of $70 million of senior unsecured notes (“Notes”) and $30 million of mandatory redeemable preferred shares (“MRP Shares”). Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes and MRP Shares issued.Notes / MRPShares Series Amount ($ in millions) Fixed Interest /Dividend Rate Maturity / MandatoryRedemption DateNotes Series YY $30 5.19% September 2031Notes Series ZZ $40 5.45% September 2036MRP Shares Series X $30 5.49% September 2029TOTAL   $100    The Notes and MRP Shares issued in connection with this private placement will not be registered under...

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NANOBIOTIX Provides Business Update and Reports Half Year 2024 Financial Results

RT-NBTXR3 followed by anti-PD-1 demonstrated favorable safety profile, disease control and tumor response in patients both naïve and resistant to anti-PD-1, suggesting that NBTXR3 may prime the immune system before checkpoint therapy Several clinical milestones expected over the next 12-18 months including updated data in pancreatic, and head and neck cancer, and initial data in esophageal and lung cancer €66.3 million in cash and cash equivalents as of June 30, 2024, with a cash runway extended into Q4 2025PARIS and CAMBRIDGE, Mass., Sept. 18, 2024 (GLOBE NEWSWIRE) — NANOBIOTIX (Euronext: NANO – NASDAQ: NBTX – the “Company”), a late-clinical stage biotechnology company pioneering nanoparticle-based approaches to expand treatment possibilities for patients with cancer and other major diseases, provided an update...

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Steelcase Reports Second Quarter Fiscal 2025 Results

Strong results compared to prior year including:Operating income increased $49 million Adjusted operating income increased $15 million Gross margin improved 130 basis points Total liquidity strengthened by $193 millionAmericas posted order growth of 3% compared to prior year Third quarter outlook projects 1 to 4% revenue growth compared to prior yearGRAND RAPIDS, Mich., Sept. 18, 2024 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $855.8 million, net income of $63.1 million, or $0.53 per share, and adjusted earnings per share of $0.39. In the prior year, Steelcase reported revenue of $854.6 million, net income of $27.5 million, or $0.23 per share, and adjusted earnings per share of $0.31. Revenue and order growth (decline) compared to the prior year were as follows:  Q2 2025 vs....

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Tony Staffieri and Edward Rogers discuss MLSE deal with Ron MacLean

Pool feed details below to access broadcast footage of interview TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Earlier today, Rogers announced it has signed an agreement to buy Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.  Rogers President and CEO Tony Staffieri, and Rogers Executive Chair, Edward Rogers discuss the deal with Hockey Night in Canada’s Ron MacLean. Broadcast footage of the interview is to be available via pool feed at 3 p.m. ET today. Pool feed details to access broadcast footage of interview:Galaxy 19 K01 Slot A 9MhzU/L: 14006.0 HD/L: 11706.0 VSR: 7.2 Msym/sModulation: DVB-S2 8PSKFEC: 3/4Pilot: ONRoll Off: 20%Video Format: 1080i/59.94Video Codec: MPEG-4 (H 264) – 4:2:0PGAD also available to all broadcasters at the Toronto TOC  For more information:Mediamedia@rci....

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Interoil appoints new CFO

Oslo, 18 September 2024 Interoil Exploration and Production ASA announces the appointment of Mr. Pablo Creta as new Chief Financial Officer (CFO) of the Company following the resignation presented by Mr. Gonzalo Ricci. The appointment is effective today.   Mr. Creta has a Bachelor degree from Universidad de San Andrés, Argentina, and a Master of Commerce degree from the University of New South Wales, Sydney, Australia. His professional experience includes positions in private equity and capital markets in Latin America and Australia. In addition, Pablo served for several years as both General Manager and CFO of the Company. Hugo Quevedo, Chair of the Board, commented: “We are happy of welcoming Pablo back in Interoil. His knowledge will increase the strength of our financial and reporting capabilities.” Please direct any further questions...

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NTG Nordic Transport Group acquires ITC Logistics

Company announcement no. 8 – 24 18 September 2024 NTG Nordic Transport Group acquires ITC Logistics NTG Germany GmbH (“NTG”), a fully owned subsidiary of NTG Nordic Transport Group A/S, has signed an agreement to acquire German-based ITC Logistics GmbH. ITC specialises in delivering bespoke road and logistics solutions to a portfolio of long-standing customers. ITC is well positioned as a full-service, end-to-end solutions provider offering groupage, FTL, LTL, comprehensive logistics services, and a suite of value-added services to key clients such as the purchase, sale, storage, and transportation of cables on behalf of selected customers within the telecommunications industry. Operating from five strategic locations in Western Germany, with a strong presence in the North Rhine-Westphalia region, ITC employs approximately 130 white-collar...

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Premier Diversified Holdings Inc. Announces Closing of Reverse Takeover Transaction

Not for dissemination in the United States of America VANCOUVER, British Columbia, Sept. 18, 2024 (GLOBE NEWSWIRE) — Premier Diversified Holdings Inc. (“PDH” or the “Company”) (TSXV:PDH) announces that, following receipt of requisite shareholder approval, it has completed the acquisitions (the “Transaction“) of AJA Health and Wellness Ltd. (“AJA Health“), AJA Therapeutics Inc. (“ATI“), and Assured Diagnosis Inc. (“ADI“). In connection with the Transaction (i) AJA Health amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc. (“Subco 1“), pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation (“Amalco 1“), which is a wholly-owned subsidiary of the...

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Thought Leadership & Innovation Foundation Proudly Accepts Ownership of Limb Loss and Preservation Registry in Collaboration with Amputee Coalition

McLEAN, Va., Sept. 18, 2024 (GLOBE NEWSWIRE) — Thought Leadership & Innovation Foundation (TLI), a not-for-profit organization that works at the nexus of science, technology and public health, today announces the transfer of ownership of the Limb Loss and Preservation Registry (LLPR®) from the National Institute of Child Health and Human Development (NICHD) to TLI. This landmark decision, approved by NICHD, underscores TLI’s commitment to driving transformative change in healthcare and validates the level of public confidence in TLI capabilities for assuming the management of this vital project. “Established in 2018 under an IDIQ Contract funded by the National Institutes of Health (NIH), the LLPR has been instrumental in measuring and reporting patient data to enhance limb loss and limb difference treatment as well...

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