Financial capital

Interfor Continues to Grow with Acquisition of Four US Sawmills from Georgia-Pacific

Retrieved on: 
Thursday, May 27, 2021
Corporate finance, Shareholder value, Finance, Financial capital, Interfor, Philomath

The acquisition will be immediately accretive to Interfors earnings and is expected to provide attractive returns in both the near-term and over the long-term.

Key Points: 
  • The acquisition will be immediately accretive to Interfors earnings and is expected to provide attractive returns in both the near-term and over the long-term.
  • Were excited to acquire these high-quality assets as part of our balanced approach to capital allocation to drive shareholder value.
  • The Bay Springs, Fayette and Philomath sawmills are currently operating on a full-shifting basis.
  • Following the completion of this transaction Interfor will continue to have significant financial flexibility to consider additional value-creating capital deployment options.

DGAP-News: Global Fashion Group S.A.: DISCLOSURE OF THE TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL, IN ACCORDANCE WITH THE LAW AND GRAND-DUCAL REGULATION OF 11 JANUARY 2008 ON TRANSPARENCY REQUIREMENTS FOR ISSUER

Retrieved on: 
Thursday, May 27, 2021
Corporate finance, Financial economics, Equity securities, Finance, Corporations, Stock market, Corporate law, Financial capital, Share capital, Suffrage, Electronic voting, Transparency Directive

Total number of voting rights attached to the shares composing the share capital of the notifying issuer, including the suspended voting rightsii

Key Points: 

Total number of voting rights attached to the shares composing the share capital of the notifying issuer, including the suspended voting rightsii
Total number of voting rights, excluding suspended voting rights (exercisable voting rights) (optional)

DelphX Announces Warrant Amendment and Extension

Retrieved on: 
Tuesday, May 25, 2021
Corporate finance, Finance, Money, Financial economics, Warrant, Debenture, Convertible security, Financial capital

The Debentures are convertible into one common share and one Warrant for each $0.15 of the principal amount outstanding, with each Warrant exercisable for one common share at a price of $0.20 per share.

Key Points: 
  • The Debentures are convertible into one common share and one Warrant for each $0.15 of the principal amount outstanding, with each Warrant exercisable for one common share at a price of $0.20 per share.
  • The Warrant amendment and extension is subject to acceptance by the TSX Venture Exchange.
  • DelphX is a technology and financial services company focused on bringing new and exciting alternatives to structured product and credit markets.
  • CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets Inc.
    For more information about DelphX, please visit www.delphx.com .

DGAP-News: Virtual Annual General Meeting of Telefónica Deutschland Holding AG resolves upon a dividend payment of EUR 0.18 per share for FY20

Retrieved on: 
Thursday, May 20, 2021
Shareholders, Dividend, Annual general meeting, Financial capital

The company intends to build on this growth momentum in the financial year 2021 and focuses on strategy execution.\nAt the virtual annual general meeting, the shareholders approved a dividend of EUR 0.18 per share for FY20 with 99.7% of the votes of the capital present.

Key Points: 
  • The company intends to build on this growth momentum in the financial year 2021 and focuses on strategy execution.\nAt the virtual annual general meeting, the shareholders approved a dividend of EUR 0.18 per share for FY20 with 99.7% of the votes of the capital present.
  • This corresponds to a dividend distribution of around EUR 535 million.\nStefanie Oeschger and Ernesto Gardelliano were elected as members of the supervisory board with a large majority.
  • PricewaterhouseCoopers GmbH was re-elected as (group) auditor.\nThe annual general meeting also approved new authorised capital.
  • This is purely an anticipatory resolution to maintain the company's financial flexibility; currently there are no specific\xc2\xa0plans regarding its utilisation.\n"

SES Successfully Prices EUR 625 Million Hybrid Bond Offering

Retrieved on: 
Thursday, May 20, 2021
Technology, Networks, Telecommunications, Satellite, Money, Finance, Economy, Credit, Debt, Subordinated debt, Refinancing, Financial capital, Bond, International Financial Reporting Standards

b'SES S.A. announced the successful launch and pricing of a hybrid bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 625 million, with a first reset date on 27 August 2026.

Key Points: 
  • b'SES S.A. announced the successful launch and pricing of a hybrid bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 625 million, with a first reset date on 27 August 2026.
  • View the full release here: https://www.businesswire.com/news/home/20210520005435/en/\nSES Successfully Prices EUR 625 Million Hybrid Bond Offering (Photo: Business Wire)\nThe instrument\xe2\x80\x99s credit ratings are expected to be Ba1/BB with Moody\xe2\x80\x99s and Standard & Poor\xe2\x80\x99s respectively.
  • The hybrid bonds issued by SES are non-dilutive instruments that are expected to receive 50% equity credit by both rating agencies and be classified as equity under IFRS.
  • Proceeds of the issuance will be used for general corporate purposes which includes the possible refinancing of existing hybrid capital instruments.\nConcurrently, SES has also announced a capped tender offer for its outstanding hybrid EUR 750 million 4.625% Perp NC2022 at a fixed purchase yield at -0.10%.

SFW Capital Completes Majority Recapitalization of Granite River Labs

Retrieved on: 
Wednesday, May 12, 2021
Finance, Money, Economy, Financial capital, Corporate finance, Recapitalization, Private equity

b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

Key Points: 
  • b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
  • Co-founders Johnson Tan and Quintin Anderson will continue to lead the business and remain significant shareholders.
  • GRL is a trusted partner to companies ranging from small, emerging hardware developers to leading global technology brands.
  • "After deciding to bring on a partner to help us grow, we spoke with a wide variety of organizations, and SFW immediately stood out.

SFW Capital Completes Majority Recapitalization of Granite River Labs

Retrieved on: 
Wednesday, May 12, 2021
Finance, Money, Economy, Financial capital, Corporate finance, Recapitalization, Private equity

b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

Key Points: 
  • b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
  • Co-founders Johnson Tan and Quintin Anderson will continue to lead the business and remain significant shareholders.
  • GRL is a trusted partner to companies ranging from small, emerging hardware developers to leading global technology brands.
  • "After deciding to bring on a partner to help us grow, we spoke with a wide variety of organizations, and SFW immediately stood out.

HIRE Technologies Announces $5 Million Private Placement of Convertible Debenture Units

Retrieved on: 
Wednesday, May 12, 2021
Finance, Money, Corporate finance, Sports, Debt, Debenture, Convertible bond, Financial capital

b'NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES\nTORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- HIRE Technologies Inc. (TSXV: HIRE) ("HIRE" or the "Company"), a company focused on modernizing and digitizing human resources solutions, is pleased to announce that it has entered into an agreement with Eight Capital to lead a brokered best efforts private placement of up to $5,000,000 aggregate principal amount of convertible debenture units (the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit (the \xe2\x80\x9cOffering\xe2\x80\x9d).

Key Points: 
  • b'NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES\nTORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- HIRE Technologies Inc. (TSXV: HIRE) ("HIRE" or the "Company"), a company focused on modernizing and digitizing human resources solutions, is pleased to announce that it has entered into an agreement with Eight Capital to lead a brokered best efforts private placement of up to $5,000,000 aggregate principal amount of convertible debenture units (the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit (the \xe2\x80\x9cOffering\xe2\x80\x9d).
  • Eight Capital will have an option to sell up to 750 additional Convertible Debenture Units for a maximum aggregate gross proceeds from the Offering of $5,750,000.\nPursuant to the Offering, each Convertible Debenture Unit will be comprised of one unsecured convertible debenture (the \xe2\x80\x9cConvertible Debenture\xe2\x80\x9d) of the Company in the principal amount of $1,000 and common share purchase warrants (the \xe2\x80\x9cWarrants\xe2\x80\x9d) exercisable for 50% of the number of common shares issuable on conversion of a Convertible Debenture.
  • The company owns and operates staffing firms as well as platform technology that it uses to help those firms become more technologically advanced.
  • HIRE has a large recurring revenue base and helps our clients manage change in the workplace in order to achieve success.\n'

Eve Sleep plc: Director Share Purchase

Retrieved on: 
Tuesday, May 11, 2021
Corporate law, Financial capital, Share capital

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\neve Sleep plc, the direct to consumer sleep wellness brand operating in the UK, Ireland and France has been notified that on 11 May 2021 Masood Choudhry, Non-Executive Director, purchased 100,000 ordinary shares of 0.1p each in the Company (Ordinary Shares) at an average price of 4.872p.\nFollowing the above transaction, Masood Choudhry has a total beneficial holding of 100,000 Ordinary Shares and no options in the Company.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\neve Sleep plc, the direct to consumer sleep wellness brand operating in the UK, Ireland and France has been notified that on 11 May 2021 Masood Choudhry, Non-Executive Director, purchased 100,000 ordinary shares of 0.1p each in the Company (Ordinary Shares) at an average price of 4.872p.\nFollowing the above transaction, Masood Choudhry has a total beneficial holding of 100,000 Ordinary Shares and no options in the Company.
  • The Ordinary Shares represent 0.036% of the entire current share capital of the Company.\nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n'

Cortus Leads Nevada's New Age of Discovery, Exercises Option to Acquire Intermont and Arranges Private Placement

Retrieved on: 
Tuesday, May 11, 2021
Equity securities, Corporate finance, Financial economics, Finance, Communication, Forward-looking statement, Financial capital, Stock market, Warrant, Equity

Cortus and its shareholders will benefit from the resulting payments of cash, shares and royalties, as well as equity in spin-outs.

Key Points: 
  • Cortus and its shareholders will benefit from the resulting payments of cash, shares and royalties, as well as equity in spin-outs.
  • Each whole warrant (a "Warrant") will entitle the holder to acquire an additional common share at a price of $0.25 per share for a period of 24 months.
  • This list is not exhaustive of the factors that may affect any of the Company\'s forward-looking statements.
  • These and other factors should be considered carefully and readers should not place undue reliance on the Company\'s forward-looking statements.