ACT

Information commissioners and ombudsmen look to the future: embracing innovation and strengthening independence

Retrieved on: 
Donnerstag, April 18, 2024
ACT, Public sector, Private sector, Privacy, Artificial intelligence, Government, Commonwealth, Melbourne Law School

Published: 9 April 2024

Key Points: 
  • Published: 9 April 2024
    On 15 March 2024, information commissioners and ombudsmen from around Australia and New Zealand met in Melbourne as the Association of Information Access Commissioners (AIAC).
  • These complex issues are being grappled with in a rapidly evolving convergence of private sector innovation and public sector investment.
  • Members acknowledged the importance of considering whether keeping a ‘human in the loop’ could ensure that information, privacy and human rights are preserved and protected.
  • Forming part of the independent integrity systems within our jurisdictions, it is imperative that information commissioners and ombudsmen are funded to fulfil their statutory functions in oversighting the public’s right to lawful and fair access to government information.

Swiss Life successfully places Senior Bonds totalling CHF 600 million

Retrieved on: 
Mittwoch, April 10, 2024
ACT, ANY, European Parliament, Prospectus, Council, European, AS, Security (finance)

Today, Swiss Life Holding Ltd successfully placed three tranches of senior bonds:

Key Points: 
  • Today, Swiss Life Holding Ltd successfully placed three tranches of senior bonds:
    The bonds were placed with investors in the Swiss franc market.
  • The net proceeds of the bonds will be used for general corporate purposes, including potential future debt refinancing.
  • All the above-referenced bonds have been placed, and this announcement constitutes neither an offer to sell nor a solicitation to buy bonds or other securities of Swiss Life Holding Ltd or its subsidiaries.
  • SUBJECT TO CERTAIN EXCEPTIONS, THE BONDS ARE BEING OFFERED AND SOLD ONLY OUTSIDE THE UNITED STATES IN ACCORDANCE WITH REGULATIONS UNDER THE SECURITIES ACT.

Superdry plc: Response to announcement by Julian Dunkerton

Retrieved on: 
Mittwoch, April 10, 2024
ACT, LAWS, EUROPEAN UNION, General counsel, THIS, Superdry, NOT, VIA

The Company notes today’s announcement from Julian Dunkerton that he does not intend to make an offer for Superdry and, as a result, confirms that the Company is no longer in an offer period.

Key Points: 
  • The Company notes today’s announcement from Julian Dunkerton that he does not intend to make an offer for Superdry and, as a result, confirms that the Company is no longer in an offer period.
  • Following a period of engagement, the Transaction Committee and Julian Dunkerton have, together, concluded that a takeover offer from Julian Dunkerton for Superdry is unlikely to deliver an outcome for shareholders, or stakeholders more broadly, that the Transaction Committee and Julian Dunkerton are confident can be executed in the context of the Company’s ongoing work on its turnaround plan and material cost saving options.
  • However, the Company remains in discussions with Julian Dunkerton in respect of alternative structures, including a possible equity raise fully underwritten by Julian Dunkerton, which would provide additional liquidity headroom for the Company’s turnaround plan.
  • There can be no certainty that a transaction with Julian Dunkerton will be agreed.

KD College Prep Launches Revamped On-Demand Core Program for Admissions Prep

Retrieved on: 
Donnerstag, März 21, 2024
ACT, KD, SAT, Student, Curriculum, Practice, Collection, College, College Board, Nursing

Coppell, Texas--(Newsfile Corp. - March 21, 2024) - KD College Prep released a fully revamped version of the On-Demand Core Program™.

Key Points: 
  • Coppell, Texas--(Newsfile Corp. - March 21, 2024) - KD College Prep released a fully revamped version of the On-Demand Core Program™.
  • The On-Demand Core Program serves as an affordable and self-paced test prep option for students preparing for the SAT and ACT tests.
  • In 2020, KD College Prep adapted to the nation's growing need for online test prep options by developing the On-Demand Core Program.
  • Since 1992, KD College Prep has helped students prepare for admissions tests and college applications through test prep and college counseling programs.

Progress Software Corp. Announcement under the Irish Takeover Rules

Retrieved on: 
Freitag, April 5, 2024
ACT, MAKE, RDBMS, OpenEdge, ANY, MarkLogic, Organization, Semaphore, SQL, FIRM, RAG, Acquisition, JDBC, AI, TCO, MADE, LTS, IRISH, Progress, ABL, ODBC, NOT, MariaDB

BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Key Points: 
  • THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES").
  • IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES.
  • BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
  • Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Enact to Host First Quarter 2024 Earnings Call May 2nd

Retrieved on: 
Donnerstag, April 4, 2024
ACT, Webcast, PIN

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on May 1, 2024.

Key Points: 
  • RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on May 1, 2024.
  • Enact will host a conference call to review first quarter 2024 financial results on May 2, 2024 at 8:00 a.m. (ET).
  • Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/ , at the time of their release to the public.
  • Participants interested in joining the call’s live question and answer session are required to pre-register by clicking here to obtain a dial-in number and unique PIN.

Aduro Clean Technologies Provides Update on Joint Western University Research Project

Retrieved on: 
Donnerstag, April 4, 2024
ACT, Western University, Oil, Benchmarking, Recycling, Partnership, LDPE, Knowledge, Monomer, Research, Pyrolysis, PP, Mentorship, Behavior, Chemistry, Plastic, Chemical substance, HDPE, HCT

Over the duration of the project, the research program will employ a total of 19 highly skilled research members and engineers.

Key Points: 
  • Over the duration of the project, the research program will employ a total of 19 highly skilled research members and engineers.
  • Building on our commitment to nurturing talent, Aduro has already offered positions to outstanding graduates from the project, enabling them to continue their impactful work as full-time Aduro employees.
  • “We are happy to provide this update and report on the significant project progress to date.
  • The synergistic relationship we've cultivated with Western University, is not only advancing critical research but also fostering the next generation of scientific leaders to join our team,” stated Ofer Vicus, CEO of Aduro.

Azerion enters into an Intercreditor Agreement and a Super Senior Working Capital Facility

Retrieved on: 
Donnerstag, April 4, 2024
ACT, EUR, Super Senior, Citibank Europe, AMERICA, Citibank, NOT, AS, Bank

Amsterdam, 4 April 2024 – Today, Azerion Group N.V. (the “Company”) announces it has entered into (i) an Intercreditor Agreement and (ii) a Super Senior Working Capital Facility Agreement with Citibank Europe plc (as original lender and agent), Citibank N.A., London Branch (as arranger) and Nordic Trustee & Agency AB (PUBL) (as security agent), amongst others, under which the Company is granted a EUR 15,000,000 super senior revolving credit facility (the "Super Senior Working Capital Facility").

Key Points: 
  • Amsterdam, 4 April 2024 – Today, Azerion Group N.V. (the “Company”) announces it has entered into (i) an Intercreditor Agreement and (ii) a Super Senior Working Capital Facility Agreement with Citibank Europe plc (as original lender and agent), Citibank N.A., London Branch (as arranger) and Nordic Trustee & Agency AB (PUBL) (as security agent), amongst others, under which the Company is granted a EUR 15,000,000 super senior revolving credit facility (the "Super Senior Working Capital Facility").
  • The entry into the Intercreditor Agreement and the Super Senior Working Capital Facility is as contemplated by and permitted under the terms and conditions of the EUR 165 million senior secured floating rate bonds, issued by the Company under a framework of EUR 300 million (the "Bonds").
  • Funds drawn under the Super Senior Working Capital Facility may be used by the Company for general corporate purposes including working capital and acquisitions.
  • The commercial conditions of the Super Senior Working Capital Facility are in line with market practice.

Enact Integrated with PMI Rate Pro for Seamless Ordering

Retrieved on: 
Mittwoch, April 3, 2024
ACT, API, Enactment, Insurance, Real estate

RALEIGH, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that it has completed an integration with PMI Rate Pro that enables lenders to order delegated mortgage insurance directly through their API platform.

Key Points: 
  • RALEIGH, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that it has completed an integration with PMI Rate Pro that enables lenders to order delegated mortgage insurance directly through their API platform.
  • With this new enhancement, lenders are now able to order private mortgage insurance in addition to receiving pricing quotes directly from PMI Rate Pro via their loan origination systems’ integration with PMI Rate Pro’s new API solution.
  • “Innovation is the cornerstone of progress, and our further integration with Enact marks a significant leap forward in streamlining the mortgage insurance process," said Nomi Smith, CEO of PMI Rate Pro.
  • Mortgage software solutions can now effortlessly integrate PMI Rate Pro's plug and play comprehensive API."

Prenetics Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Montag, April 1, 2024
ACT, Cancer, COVID, Growth, History, Clinical trial, Genomics, Bookkeeping

HONG KONG, April 01, 2024 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading genomics-driven health sciences company, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023, along with recent business updates.

Key Points: 
  • HONG KONG, April 01, 2024 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading genomics-driven health sciences company, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023, along with recent business updates.
  • Revenue from continuing operations of US$5.4 million in the fourth quarter 2023, an increase of 90.8% as compared to the fourth quarter 2022.
  • Adjusted EBITDA from continuing operations of US$(6.2) million in the fourth quarter 2023.
  • Adjusted net loss attributable to equity shareholders of Prenetics was US$(28.4) million for the year ended December 31, 2023.