Scheme

Nickel 28 Announces Confirmation of Largest Ever Ramu Cash Distribution and Proposed Resumption of Normal Course Issuer Bid

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수요일, 4월 19, 2023
Alternative Vehicles, Fuels, Natural Resources, Automotive, EV, Electric Vehicles, Mining, Minerals, LLP, BMO Capital Markets, NOT, TSX Venture Exchange, Nickel, Metallurgical Corporation of China, Partner, Calendar, Stikeman Elliott, FSE, NKL, Ramu, Scheme, Greenbriar Capital Corp, News, Security (finance)

Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce the pending receipt of its largest ever cash distribution of approximately US$9.7 million from the Ramu joint venture and the proposed resumption of its normal course issuer bid to repurchase its common shares.

Key Points: 
  • Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce the pending receipt of its largest ever cash distribution of approximately US$9.7 million from the Ramu joint venture and the proposed resumption of its normal course issuer bid to repurchase its common shares.
  • A further news release with additional details of the normal course issuer bid will be issued upon approval of the bid by the TSXV.
  • In contrast to the proposed normal course issuer bid, Pelham’s “mini-tender” Scheme is a predatory offer designed to acquire shares from Nickel 28 shareholders in contemplation of a value destructive proxy-contest.
  • The proposed normal course issuer bid would provide an alternative source of liquidity for shareholders without the highly uncertain conditions of Pelham’s “mini-tender” Scheme.

VEON’s 2023 Notes are amended

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화요일, 4월 4, 2023
Exercise, Note, Amendment, Explanation, Euronext Amsterdam, VEON, Security (finance), Scheme

Amsterdam, Netherlands, 4 April 2023: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), are pleased to announce that, further to the announcement issued on 3 April 2023 regarding the satisfaction of the Amendment Conditions, each of the steps required to implement the Amendments have been completed and, therefore, the amendments to the terms of the 2023 Notes and the 2023 Notes Trust Deeds (as set out in the Scheme) have today become effective.

Key Points: 
  • Amsterdam, Netherlands, 4 April 2023: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), are pleased to announce that, further to the announcement issued on 3 April 2023 regarding the satisfaction of the Amendment Conditions, each of the steps required to implement the Amendments have been completed and, therefore, the amendments to the terms of the 2023 Notes and the 2023 Notes Trust Deeds (as set out in the Scheme) have today become effective.
  • Therefore, the Amendment Effective Time under the Scheme has occurred.
  • The table below sets out the anticipated key dates in respect of the exercise of the Put Right.
  • Issuance of the 2023 Put Option Event Notice (as defined in the Amended 2023 Notes Trust Deeds), which will among other things provide further details on, and instructions on how to exercise, the Put Right in respect of the Amended 2023 Notes
    Capitalised terms used but not defined in this announcement have the meaning given to them in the Explanatory Statement issued by the Company on 21 December 2022, as amended on 11 January 2023, which is available on the Scheme Website at https://deals.is.kroll.com/veon .

VEON confirms that Scheme Amendment Conditions have been satisfied

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월요일, 4월 3, 2023
Exercise, Explanation, Euronext Amsterdam, VEON, Amendment, Cryptocurrency, Note, Scheme

The Company is therefore proceeding with the steps required to implement the amendments to the 2023 Notes in accordance with the terms of the Scheme and anticipates that the amendments to the 2023 Notes will become effective tomorrow, 4 April.

Key Points: 
  • The Company is therefore proceeding with the steps required to implement the amendments to the 2023 Notes in accordance with the terms of the Scheme and anticipates that the amendments to the 2023 Notes will become effective tomorrow, 4 April.
  • The Company will provide a further announcement once the Amendment Effective Time has occurred.
  • The table below sets out the anticipated key dates in respect of the implementation of the amendments to the 2023 Notes (as set out in the Scheme) and the Put Right in respect of the Amended 2023 Notes.
  • Amendments to the 2023 Notes (as set out in the Scheme) are implemented and become effective.

VEON obtains remaining licences required to amend its 2023 Notes and extend their maturities

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월요일, 4월 3, 2023
Note, Sale, Amendment, Risk, Scheme, Explanation, Euronext Amsterdam, VEON, Cryptocurrency

Amsterdam, Netherlands, 3 April 2023 07:00 CEST: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), are pleased to announce that they have now received the remaining licences and regulatory confirmations required to implement the amendments to its 2023 Notes from UK, Dutch and Bermuda authorities.

Key Points: 
  • Amsterdam, Netherlands, 3 April 2023 07:00 CEST: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), are pleased to announce that they have now received the remaining licences and regulatory confirmations required to implement the amendments to its 2023 Notes from UK, Dutch and Bermuda authorities.
  • In addition to the OFAC Licence received on 23 December 2022, the OFSI Licence was received on 23 February 2023, a confirmation was received on 9 March 2023 from the Netherlands Ministry of Finance that a licence or authorisation is not required in connection with implementation of the amendments to the 2023 Notes, and a licence was received from the Bermudan Sanctions Authority on 31 March 2023.
  • The Company is satisfied that it has now received all authorisations and/or licences necessary to implement the amendments to the 2023 Notes as set out in the Scheme.
  • VEON Group CEO Kaan Terzioglu commented: “We welcome the receipt of these licences for implementation of the amendments under the Scheme, which allow for the extension of the maturities of our 2023 notes, among other measures.

Nickel 28 Reiterates Warning to Shareholders Against Pelham’s Highly Abusive, Coercive and Conditional “Mini-Tender” Scheme and Urges Shareholders to Reject It

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수요일, 3월 29, 2023
Natural Resources, EV, Electric Vehicles, Mining, Minerals, Automotive, LLP, BMO Capital Markets, NOT, Partner, Committee, Stock dilution, Stikeman Elliott, NSR, Human, FSE, Mitsubishi Group, Carbon, NKL, Ramu, US, NO, Scheme, Growth, Canadian House of Commons Special Committee on Electoral Reform, Greenbriar Capital Corp, Cobalt, News, Security (finance), Life insurance, Copper, Bank, Management, Nickel

Nickel 28’s portfolio has significant near-term catalysts which will drive further value creation for shareholders.

Key Points: 
  • Nickel 28’s portfolio has significant near-term catalysts which will drive further value creation for shareholders.
  • Pelham itself agrees with Nickel 28 that the shares are undervalued and about to experience near-term positive catalysts.
  • Pelham’s continuous “flip-flopping” underscores the performative, unprincipled and opportunistic nature of the proposals delivered to Nickel 28, and belies Pelham’s real motivations.
  • Stikeman Elliott LLP and Bennett Jones LLP are acting as legal counsel to Nickel 28.

Brookfield and EIG Consortium Sign Binding Agreement to Acquire Origin Energy

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월요일, 3월 27, 2023
BEPC, Natural gas, ConocoPhillips, Reliance Industries, ORG, Retirement, Acquisition, Brookfield Renewable Partners, UBS, Foreign Investment Review Board, NYSE, Chair, National Electricity Market, Consortium, GW, Australian Competition & Consumer Commission, BEP, Competition, Tokyo Gas, Australian Energy Market Operator, Origin Energy, VWAP, Energy market, TSX, Australian Competition and Consumer Commission v Baxter Healthcare Pty Ltd, EIG, J. P. Morgan, MUFG, Carbon, Citigroup, Transition, Scheme, ACCC, GIC, MidOcean Partners, ASX, Brookfield (corporation), NEM, FIRB, Renewable energy, Petroleum, Asset management, Security (finance), Financial services, Cryptocurrency, Pharmaceutical industry, Holding company, Health insurance, Origin, Temasek, LNG

SYDNEY, Australia and TORONTO and WASHINGTON D.C., March 27, 2023 (GLOBE NEWSWIRE) -- A consortium comprised of Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners and global institutional investors GIC and Temasek (“Brookfield”), and MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into a Scheme Implementation Deed with Origin Energy Limited (“Origin” or “the company”) (ASX: ORG) to acquire 100% of the company’s shares (“Scheme").

Key Points: 
  • MidOcean Energy is an EIG-formed ‘pure-play’ LNG company that will acquire Origin’s Integrated Gas business, which includes the interest in APLNG.
  • Upon closing of the transaction, Brookfield, its institutional partners and investors will own Origin’s Energy Markets business, Australia’s largest integrated power generator and energy retailer.
  • EIG is among the largest specialist investors in energy and infrastructure globally and has had an established presence in Australia since 2000.
  • Brookfield and EIG view Origin as critical to Australia’s energy transition and energy security.

India Semiconductor Rectifier (Single Phase and Three Phase) Markets, Competition, Forecasts & Opportunities, FY2028 - Increased Application in Automotives & Development of Smart Grid Drives Growth

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월요일, 3월 27, 2023
Nigerian National Integrated Power Project, Communication, Semiconductor, Electronics, Electricity, SPECS, NTP, Government, Plant, Car, Scheme, Growth, PLI, Automation, Electric power

The smart grid is the modernized version of the traditional grid and is equipped with automation, communication, and IT systems.

Key Points: 
  • The smart grid is the modernized version of the traditional grid and is equipped with automation, communication, and IT systems.
  • A smart grid can monitor the power flow from the point of generation to the point of consumption.
  • The growing construction of the smart grid and the announcement of projects is expected to fuel the growth of the India semiconductor rectifier market over the next five years.
  • Company Profiles: Detailed analysis of the major companies present in India semiconductor rectifier market.

World’s Largest Travel Membership Club Suspends Membership Sales In Poland Due To Assessment by Local Regulator

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목요일, 3월 23, 2023
Travel, International, ALL, Refund, Government, Loyalty, SAN, Refugee, Scheme, In-group and out-group, Online shopping, Cryptocurrency, Property management, Tourism, Member

inGroup customers from Poland that have existing travel reservations will not be affected.

Key Points: 
  • inGroup customers from Poland that have existing travel reservations will not be affected.
  • And existing Members can fully use their Reward Points to book future travel, or they can request a refund.
  • #2 - Polish residents found our offer online, bought our Membership, and booked travel services from our US territory-based website.
  • Or existing Polish Members can keep and use their valuable Reward Points to book travel without making any further additional membership payments.

Metro Bank plc: Publication of Prospectus and Scheme Document

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수요일, 3월 22, 2023
MAKE, Official List, Metro, NOT, FOR, SAME, London Stock Exchange, Part, Old, Prospectus, London, Scheme, Admission, FCA, Court, PRA, Metrobank, Bank, Companies Act 2006, Life insurance, Security (finance)

Today, Metro Bank published a Scheme Document relating to Metro Bank’s proposed introduction of Metro Bank Holdings PLC as a new non-operating holding company above the Metro Bank Group by means of a scheme of arrangement under Part 26 of the Companies Act 2006.

Key Points: 
  • Today, Metro Bank published a Scheme Document relating to Metro Bank’s proposed introduction of Metro Bank Holdings PLC as a new non-operating holding company above the Metro Bank Group by means of a scheme of arrangement under Part 26 of the Companies Act 2006.
  • The Scheme is between Metro Bank and the Metro Bank Shareholders and involves the cancellation of shares in Metro Bank currently held by Metro Bank Shareholders ( the “Old MB Shares”) in exchange for the same number of shares in Metro Bank Holdings PLC (the “New MB Shares”).
  • Metro Bank urges Metro Bank Shareholders to read the Scheme Document and the Prospectus carefully because they contain important information in relation to the Scheme, Admission and the New MB Shares.
  • The Scheme is conditional upon a number of matters which are set out in full in the explanatory statement contained in the Scheme Document, including approval by Metro Bank Shareholders of the Metro Bank Resolutions at the Metro Bank General Meeting and of the Scheme at the Metro Bank Court Meeting as well as the necessary regulatory approvals from the PRA and FCA being sanctioned by the Court.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Block, Inc. f/k/a Square Inc. - SQ

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금요일, 3월 10, 2023
Acquisition, LLP, Mergers and acquisitions, SQ, Australian Securities Exchange, Scheme, Sale, NYSE, Security (finance), Pomerantz, Block, Afterpay

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Block, Inc. f/k/a Square Inc. (“Block” or the “Company”) (NYSE: SQ).

Key Points: 
  • NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Block, Inc. f/k/a Square Inc. (“Block” or the “Company”) (NYSE: SQ).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Block and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.