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Year: 2024

Seaway7 signs vessel reservation agreement for UK offshore wind farm

Luxembourg – 11 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that Seaway7, part of the Subsea7 Group, has signed a vessel reservation agreement with Dogger Bank Offshore Wind Farm1 for the transportation and installation of turbines for the Dogger Bank project, offshore the UK. Offshore works are expected to commence in 2026. This represents additional work for Seaway7 at this development, where it is currently installing monopile foundations and transition pieces. The value related to this substantial2 agreement will be recognised in backlog in the fourth quarter.Dogger Bank Offshore Wwind Farm is a joint venture partnership between SSE Renewables (40%), Equinor (40%) and Vårgrønn (20%). Subsea7 defines a substantial contract as being between $150 million and $300 million*******************************************************************************Subsea7...

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Water Ways Reports Share Consolidation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces that it will be consolidating all of the issued and outstanding common shares of the Company (“Common Shares”) on the basis of one (1) post consolidation Common Share for each twenty (20) pre consolidation Common Shares (the “Consolidation”). The Corporation’s board of directors set December 23, 2024, as the effective date of the Consolidation. It is expected that trading of the Common Shares on a post-Consolidation basis on the TSX Venture...

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Future Vision II Acquisition Corp. Announces Entering into Amendment No. 1 to Merger Agreement with Viwo Technology Inc.

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) — Future Vision II Acquisition Corp., (NASDAQ: FVNNU) a publicly traded special purpose acquisition company (the “Future Vision”), and Viwo Technology Inc., a Cayman Islands exempted company operating its business via wholly owned entities in China (“Viwo”), today announced that, on December 10, 2024, they have entered into Amendment No. 1 to the Merger Agreement. Amendment No. 1 to the Merger Agreement requires pre-Business Combination Viwo shareholders to enter into a lock up agreement with respect to Future Vision shares they receive from the consummation of the Business Combination. The lock up is designed to align the interests of these shareholders with the long-term growth of the post-Business Combination company, Viwo Inc. Under the terms of the lock-up agreement, shareholders will...

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Sun Communities, Inc. Announces Board Refreshment

Southfield, MI, Dec. 11, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas, announces several upcoming changes to its Board of Directors (the “Board”) as part of its ongoing refreshment strategy. Arthur A. Weiss informed the Board that he will retire from the Board on December 31, 2024, Stephanie W. Bergeron informed the Board that she will not stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders, and Clunet R. Lewis informed the Board that he intends to retire from the Board no later than the Company’s 2026 Annual Meeting of Shareholders. Each of Mr. Weiss, Ms. Bergeron and Mr. Lewis will...

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Millicom (Tigo) updates on Interim Dividend and intended SDR delisting from Nasdaq Stockholm

 Millicom (Tigo) updates on Interim Dividend and intended SDR delisting from Nasdaq Stockholm Luxembourg, December 11, 2024 – Millicom International Cellular S.A. (“Millicom” or the “Company”), today announced further details regarding the payment of the Interim Dividend and the intended delisting of SDRs from Nasdaq Stockholm, including removal as from January 13, 2025 of certain fees for conversions of SDRs to Millicom U.S. Shares traded at Nasdaq U.S.. Update on dates relating to the Interim Dividend As announced on November 29, 2024, Millicom’s Board of Directors (the “Board”) approved the distribution of an interim dividend payment of $1.00 per share (the “Interim Dividend”) to be paid on January 10, 2025 (“Payment Date”). Other important dates relating to the Interim Dividend are as follows:Record date. The Interim Dividend...

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SPAR Group Affirms Intent to Close Highwire Merger

Stockholders Approved Merger on October 25, 2024 $2.50 Per Share Merger Consideration Unanimously Approved by SPAR Group Board of DirectorsAUBURN HILLS, Mich., Dec. 11, 2024 (GLOBE NEWSWIRE) — SPAR Group, Inc. (NASDAQ: SGRP) (“SGRP”, “SPAR Group” or the “Corporation”), a provider of merchandising, marketing and distribution services, in response to media and investor inquiries, affirms intent to close the proposed acquisition (the “Proposed Acquisition”) by Highwire Capital. As previously announced, SPAR Group entered into the Agreement and Plan of Merger, dated August 30, 2024, by and among SGRP, Highwire Capital and Highwire Merger Co. I, Inc., a wholly owned subsidiary of Highwire Capital, whereby SPAR Group is to be acquired by Highwire Capital in an all cash transaction. SPAR Group’s stockholders approved the transaction...

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Northrop Grumman Announces New $3 Billion Share Repurchase Authorization

FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $3 billion for the repurchase of the company’s common stock, increasing the outstanding authorized amount to approximately $4.2 billion. Share repurchases will take place from time to time, subject to market conditions and management’s discretion, in the open market or in privately negotiated transactions. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible...

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Copa Holdings Announces Monthly Traffic Statistics for November 2024

PANAMA CITY, Dec. 11, 2024 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2024:Operating Data November 2024 November 2023 % ChangeCopa Holdings (Consolidated)      ASM (mm) (1) 2,524.1   2,327.4   8.4 %RPM (mm) (2) 2,173.5   2,034.5   6.8 %Load Factor (3) 86.1 % 87.4 % -1.3p.p.Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown. Revenue passenger miles – represents the number of miles flown by revenue passengers Load factor – represents the percentage of aircraft seating capacity that is actually utilizedFor November 2024, Copa Holdings’ capacity (ASMs) increased by 8.4%, while system-wide passenger traffic (RPMs) increased by 6.8%, compared to...

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EurAsia Resource Value S.E. Acquires Common Shares of Condor Energies Inc.

LIMASSOL, Republic of Cyprus, Dec. 11, 2024 (GLOBE NEWSWIRE) — Eurasia Resource Value S.E. (“ERV”) today announced that it has acquired 1,052,632 common shares (“Common Shares”) of Condor Energies Inc. (“Condor”) (TSX: CDR) as part of a larger offering by Condor of Common Shares under the Listed Issuer Financing Exemption and other exemptions under National Instrument 45-106 Prospectus Exemptions of the Canadian Securities Administrators (“NI 45-106”), under which an aggregate of 10,198,582 Common Shares were issued (the “Offering”). ERV subscribed as an “accredited investor” under NI 45-106 and the aggregate consideration paid by ERV was CAD$2,000,000.80 or CAD$1.90 per share. Prior to the Offering, ERV held 13,399,905 Common Shares, or approximately 23.40% of the total issued and outstanding Common Shares. Following the Offering,...

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Nokia Corporation: Repurchase of own shares on 11.12.2024

Nokia CorporationStock Exchange Release11 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 11.12.2024 Espoo, Finland – On 11 December 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 872,093 4.17CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.17* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

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