Financial capital

Sports Venues of Florida (OTCMKTS: BTHR) Releases Management Report for the Week Ended May 8, 2021

Retrieved on: 
Tuesday, May 11, 2021

Our plan called for the acquisition of 80 to 300 acres of land along the I-4 corridor between Tampa and Orlando, Florida.

Key Points: 
  • Our plan called for the acquisition of 80 to 300 acres of land along the I-4 corridor between Tampa and Orlando, Florida.
  • The Company needed to find equity investors that would contribute between $76 & $190 million to complete its first complex.
  • Management went down many paths to raise the capital, some dark, some promising and some utterly a waste of time.
  • I could not be prouder of a team of professionals than I am the management of our Company.

ECB updates treatment of leverage ratio in the Eurosystem monetary policy counterparty framework

Retrieved on: 
Saturday, May 8, 2021

7 May 2021

Key Points: 
  • 7 May 2021

    The European Central Bank (ECB) has today published amendments to its monetary policy implementation Guideline[1] to give effect to the leverage ratio becoming a binding Pillar 1 own-funds requirement.

  • The amended guideline implements a decision taken by the Governing Council on 6 May 2021.
  • [2]

    Under the amended Guideline, automatic measures are applied in case of breaches of the leverage ratio requirement or in case the information on the leverage ratio is incomplete or not made available in time.

  • As of 28 June 2021, the treatment of the leverage ratio in the Eurosystem monetary policy counterparty framework will be aligned with that of existing Pillar 1 own-funds requirements, consisting of the common equity tier 1 capital ratio, the tier 1 capital ratio and the total capital ratio.

AXIS Capital Declares Quarterly Dividends

Retrieved on: 
Friday, May 7, 2021

b'AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nIn addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nAXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders\' equity at March 31, 2021 of $5.2 billion and locations in Bermuda, the United States, Europe, Singapore and Canada.

Key Points: 
  • b'AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nIn addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nAXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders\' equity at March 31, 2021 of $5.2 billion and locations in Bermuda, the United States, Europe, Singapore and Canada.
  • Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor\'s and "A" ("Excellent") by A.M. Best.
  • For more information about AXIS Capital, visit our website at www.axiscapital.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005381/en/\n'

Custodian REIT plc : Issue of equity

Retrieved on: 
Friday, May 7, 2021

b'Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nCustodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy investor demand, 550,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility.

Key Points: 
  • b'Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nCustodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy investor demand, 550,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility.
  • The New Shares were issued at 101.5 pence per share, raising \xc2\xa3558,250 (before costs and expenses).\nFollowing this issue, the Company\'s issued share capital comprises 420,603,344 ordinary shares.\n'

Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2021

Retrieved on: 
Thursday, May 6, 2021

b'For the fourth quarter of 2020, the Company began utilizing distributable earnings, distributable EPS, and after-tax distributable return on average equity (\xe2\x80\x9cROAE\xe2\x80\x9d), non-GAAP financial measures, as supplemental measures of our operating performance.

Key Points: 
  • b'For the fourth quarter of 2020, the Company began utilizing distributable earnings, distributable EPS, and after-tax distributable return on average equity (\xe2\x80\x9cROAE\xe2\x80\x9d), non-GAAP financial measures, as supplemental measures of our operating performance.
  • This adjustment is reflected in distributable earnings when there is a true risk transfer on the mortgage loan transfer and settlement.
  • However, fluctuations in the fair value of the related assets are not included in our income statement.
  • These are reflected as \xe2\x80\x9cAdjustments for unrecognized derivative results\xe2\x80\x9d for purposes of computing distributable earnings for the period.

Equity Commonwealth Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Equity Commonwealth Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – EQC

Retrieved on: 
Thursday, May 6, 2021

b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Equity Commonwealth (NYSE: EQC) and Monmouth Real Estate Investment Corporation is fair to Equity Commonwealth shareholders.

Key Points: 
  • b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Equity Commonwealth (NYSE: EQC) and Monmouth Real Estate Investment Corporation is fair to Equity Commonwealth shareholders.
  • Under the merger, Equity Commonwealth will acquire Monmouth in an all-stock transaction.
  • On behalf of Equity Commonwealth shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.\nHalper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.\nAttorney Advertising.

DGAP-News: Energiekontor decides to cancel shares

Retrieved on: 
Thursday, May 6, 2021

On the basis of this authorisation, the Company had acquired 377,144 no-par value bearer shares of the Company on the stock exchange by 8 May 2020.

Key Points: 
  • On the basis of this authorisation, the Company had acquired 377,144 no-par value bearer shares of the Company on the stock exchange by 8 May 2020.
  • Accordingly, 27,144 no-par bearer shares remained in Energiekontor's possession from this share buyback.\nBy resolution of the ordinary general meetings of Energiekontor AG on 20 May 2020, the Executive Board was authorised pursuant to Section 71 (1) No.
  • 8 of the German Stock Corporation Act (AktG) to acquire treasury shares of up to 10 percent of the share capital.
  • In addition, Energiekontor operates wind and solar farms with a nominal output of almost 280 megawatts in its own portfolio.

Xyleme Announces Majority Recapitalization with Software Growth Equity Fund

Retrieved on: 
Wednesday, May 5, 2021

b'DENVER, May 5, 2021 /PRNewswire/ -- Xyleme Inc. ("Xyleme"), today announced it has completed a majority recapitalization with Bow River Capital\'s Software Growth Equity Fund ("Bow River").

Key Points: 
  • b'DENVER, May 5, 2021 /PRNewswire/ -- Xyleme Inc. ("Xyleme"), today announced it has completed a majority recapitalization with Bow River Capital\'s Software Growth Equity Fund ("Bow River").
  • The company is a market leading content management and creation lifecycle platform for Global 2000 organizations across every major industry vertical.
  • Schottland further says, "Xyleme\'s cloud-based platform is well positioned for triple digit growth and ready to rapidly scale-up organically and inorganically.
  • Holland & Hart LLP served as legal counsel to Bow River on the transaction.\nFounded in 2003, Bow River Capital is a private alternative asset management company based in Denver, Colorado, with software Growth Equity, Buyout, Real Estate platforms.

Eve Sleep plc: Total Voting Rights

Retrieved on: 
Tuesday, May 4, 2021

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nIn conformity with the Disclosure Guidance and Transparency Rule 5.6.1, the Company notifies the market of the following: as at 30 April 2021, the total issued share capital of the Company comprised 274,008,887 ordinary shares of 0.1 pence each ("Ordinary Shares") with one voting right per share.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nIn conformity with the Disclosure Guidance and Transparency Rule 5.6.1, the Company notifies the market of the following: as at 30 April 2021, the total issued share capital of the Company comprised 274,008,887 ordinary shares of 0.1 pence each ("Ordinary Shares") with one voting right per share.
  • The Company does not hold any Ordinary Shares in Treasury.\nThis figure of 274,008,887 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA\'s Disclosure Guidance and Transparency Rules.\n'

Apollo Global Management, Inc. Reports First Quarter 2021 Results

Retrieved on: 
Tuesday, May 4, 2021

This dividend will be paid on May\xc2\xa028, 2021 to holders of record at the close of business on May\xc2\xa020, 2021.

Key Points: 
  • This dividend will be paid on May\xc2\xa028, 2021 to holders of record at the close of business on May\xc2\xa020, 2021.
  • Apollo cannot assure its stockholders that they will receive any dividends in the future.\nApollo will host a conference call on Tuesday, May\xc2\xa04, 2021 at 8:30 a.m. Eastern Time.
  • During the call, members of Apollo\xe2\x80\x99s senior management team will review Apollo\xe2\x80\x99s financial results for the first quarter ended March\xc2\xa031, 2021.
  • Apollo had assets under management of approximately $461 billion as of March\xc2\xa031, 2021 in credit, private equity and real assets funds.