Financial capital

Partners Value Split Corp. to Redeem Its Class AA Preferred Shares, Series 7

Retrieved on: 
Monday, May 3, 2021
Finance, Money, Financial markets, Equity securities, Balance sheet, Equity, Financial capital, Stock market, Brookfield Asset Management, Private equity

Brookfield Asset Management Inc. (\xe2\x80\x9cBAM\xe2\x80\x9d) is a leading global alternative asset manager with approximately US$600 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.

Key Points: 
  • Brookfield Asset Management Inc. (\xe2\x80\x9cBAM\xe2\x80\x9d) is a leading global alternative asset manager with approximately US$600 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.
  • BAM owns and operates long-life assets and businesses, many of which form the backbone of the global economy.
  • Forward-looking information in this news release includes statements with regard to the redemption of Class AA Preferred Shares, Series 7.
  • Reference should be made to the Company\xe2\x80\x99s most recent Annual Information Form for a description of the major risk factors.\n'

Los Andes Copper Announces Investment By Queen's Road Capital and Appointment of Non-Executive Director

Retrieved on: 
Monday, May 3, 2021
Corporate finance, Finance, Money, Financial economics, Debenture, Financial capital, Andes, Copper, Convertible bond

b'Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes" or the "Company") is pleased to announce that it has entered into an agreement with Queen\'s Road Capital Investment Ltd. (TSXV: QRC) ("Queen\'s Road Capital") whereby Queen\'s Road Capital will invest US$5,000,000 in Los Andes by the way of convertible debenture (the "Convertible Debenture").

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes" or the "Company") is pleased to announce that it has entered into an agreement with Queen\'s Road Capital Investment Ltd. (TSXV: QRC) ("Queen\'s Road Capital") whereby Queen\'s Road Capital will invest US$5,000,000 in Los Andes by the way of convertible debenture (the "Convertible Debenture").
  • "\nWarren Gilman, Chairman and CEO of Queen\'s Road Capital, commented:\n"Queen\'s Road Capital is happy that its first investment in the copper sector is in Los Andes Copper.
  • The Vizcachitas Project is potentially the most advanced, ready to build copper porphyry project in South America.
  • "\nAbout Queen\'s Road Capital Investment Ltd.\nQueen\'s Road Capital Investment Ltd. is a leading financier to the global resource sector.

Completion of share consolidation

Retrieved on: 
Thursday, April 29, 2021
Corporate law, Financial capital, Share capital, London Stock Exchange, London, Companies

b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.\nFollowing the announcement of 27 April 2021 that shareholder approval was granted at the Travis Perkins plc General Meeting, the Group is pleased to announce that the Group's share consolidation, representing a consolidation ratio of 0.8925 [1] new ordinary shares for every 1 existing ordinary share held at the record time, has today become effective.\nAdmission of the Group's new ordinary shares to the premium listing segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities will take place at 8:00 a.m. today.\nThe ISIN for the new ordinary shares is GB00BK9RKT01.

Key Points: 
  • b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.\nFollowing the announcement of 27 April 2021 that shareholder approval was granted at the Travis Perkins plc General Meeting, the Group is pleased to announce that the Group's share consolidation, representing a consolidation ratio of 0.8925 [1] new ordinary shares for every 1 existing ordinary share held at the record time, has today become effective.\nAdmission of the Group's new ordinary shares to the premium listing segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities will take place at 8:00 a.m. today.\nThe ISIN for the new ordinary shares is GB00BK9RKT01.
  • The SEDOL for the new ordinary shares is BK9RKT0.\nAs a result of the share consolidation and in accordance with the requirements of the FCA's Disclosure Guidance and Transparency Rule 5.6.1A, the Group hereby notifies the market that the Group's issued share capital as at 8.00 a.m. on 29 April 2021 will consist of 225,025,926 ordinary shares of \xc2\xa30.1121 [2] each.
  • The Group does not hold any ordinary shares in treasury.
  • Therefore, the total number of voting rights in the Group as at 29 April 2021 is 225,025,926.\nThe above figure may be used by shareholders and others with notification obligations as their 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 Group under the FCA's Disclosure Guidance and Transparency Rules.\n"

Syntellis Performance Solutions Introduces Axiom Treasury Cash Management to Help Healthcare Organizations Maximize Working Capital

Retrieved on: 
Wednesday, April 28, 2021
Software, Finance, Health, Data management, Hospitals, Professional services, Technology, Other Technology, Financial capital, Working capital, Accounts payable

b'Syntellis Performance Solutions , the leading provider of enterprise performance management (EPM) software, data and analytics solutions, today announced the release of Axiom Treasury Cash Management, a new solution that offers end-to-end cash visibility and tools to maximize working capital for healthcare treasury analysts, directors and finance teams.\nDeveloped by leading treasury cash management experts, Axiom Treasury Cash Management features modeling and reporting tools that improve efficiency, accuracy and transparency to maximize returns on cash positions.

Key Points: 
  • b'Syntellis Performance Solutions , the leading provider of enterprise performance management (EPM) software, data and analytics solutions, today announced the release of Axiom Treasury Cash Management, a new solution that offers end-to-end cash visibility and tools to maximize working capital for healthcare treasury analysts, directors and finance teams.\nDeveloped by leading treasury cash management experts, Axiom Treasury Cash Management features modeling and reporting tools that improve efficiency, accuracy and transparency to maximize returns on cash positions.
  • Axiom Treasury Cash Management consolidates the analysis of accounts payable into a single view through automatic combination of bank balances with expected cash flows.
  • \xe2\x80\x9cSyntellis\xe2\x80\x99 Axiom Treasury Cash Management solution focuses on moving clients away from traditional manual processes into automated practices and providing transparency into consolidated, daily cash flows.
  • We believe that focusing on the unique needs of our clients brings strategic advantages to finance and treasury teams.\xe2\x80\x9d\nTo learn more about Axiom Treasury Cash Management and Syntellis\xe2\x80\x99 offerings, visit the Syntellis Performance Solutions website .\nSyntellis Performance Solutions, previously Kaufman Hall Software, provides innovative enterprise performance management software, data and analytics solutions for healthcare organizations.

National Business Capital Funds $4 Million Collectible Toy Distributor Transaction

Retrieved on: 
Wednesday, April 28, 2021
Loans, Business loan, Financial technology, Financial capital

Despite undergoing massive growth, the 1-year-old business lacked the working capital needed to meet demand and continue capitalizing on additional opportunities.\nThe growth was simply too fast for traditional banks to consider financing or small business loans .

Key Points: 
  • Despite undergoing massive growth, the 1-year-old business lacked the working capital needed to meet demand and continue capitalizing on additional opportunities.\nThe growth was simply too fast for traditional banks to consider financing or small business loans .
  • We simply would not have been able to secure the deal we have without Joe and the National team.
  • "\nAs people receive vaccinations, local governments lift restrictions, and optimism rises, small businesses have mobilized to get back to business.
  • "\nNational Business Capital is the #1 FinTech marketplace offering small business loans and services.

Machine Investment Group Recapitalizes Hollywood Hospitality Portfolio With New $208M Loan Facility

Retrieved on: 
Monday, April 26, 2021
Financial capital, Recapitalization

"We were able to move quickly after sourcing this transaction off-market, collaborating with the sponsor and existing lender toward a recapitalization that works well for all parties.

Key Points: 
  • "We were able to move quickly after sourcing this transaction off-market, collaborating with the sponsor and existing lender toward a recapitalization that works well for all parties.
  • "\nLocated at the intersection ofNorth Wilcoxand Selma Avenue, the 190-key Thompson Hollywood Hotel and the 212-key tommie Hollywood hotelwillfeature a combined 30,000 square feet of food and beverage space including two rooftop bars with unobstructed views of the Hollywood Hills.
  • The company has offices in New York, London and Hong Kong with over 100 employees worldwide.
  • Taconic\'s real estate holdings include over $2.5 billion of assets totaling approximately 30 million square feet of commercial properties.\n'

REPLY: Shareholders’ Meeting approves the 2020 Financial Statements

Retrieved on: 
Monday, April 26, 2021
Consulting, Data management, Technology, Professional services, Other Communications, Marketing, Communications, Other Technology, Software, Audio, Video, Internet, Articles, Corporate law, Stock market, Business, Corporations, Corporate finance, Share repurchase, Stock, Financial capital, Share capital, Financial statement, Board of directors

(holder of a 39.754% stake in Reply S.p.A.'s share capital), and obtained the highest number of votes (75.741% of votes obtained).\n- The curricula vitae of the Directors and Statutory Auditors, as well as the additional documentation required by current legislation, are available in the investors\xe2\x80\x99 section of the company website www.reply.com\nThe Shareholders\xe2\x80\x99 Meeting authorised a new share buyback programme, while withdrawing the current one approved at the Shareholders\xe2\x80\x99 Meeting of 21 April 2020: the main objective of this programme is the purchase of shares to implement the stock incentive plans, transactions aimed at the acquisition of equity investments, extraordinary financial transactions and/or the conclusion of agreements with strategic partners.\nThe authorization has a duration of 18 months from the date of the resolution, for a maximum of 7,411,457 ordinary shares (equal to 19.8107% of the current share capital) with a nominal value of \xe2\x82\xac0.13 each for a maximum nominal value of \xe2\x82\xac963,489.41, within the limit of a maximum financial commitment of \xe2\x82\xac300,000,000.

Key Points: 
  • (holder of a 39.754% stake in Reply S.p.A.'s share capital), and obtained the highest number of votes (75.741% of votes obtained).\n- The curricula vitae of the Directors and Statutory Auditors, as well as the additional documentation required by current legislation, are available in the investors\xe2\x80\x99 section of the company website www.reply.com\nThe Shareholders\xe2\x80\x99 Meeting authorised a new share buyback programme, while withdrawing the current one approved at the Shareholders\xe2\x80\x99 Meeting of 21 April 2020: the main objective of this programme is the purchase of shares to implement the stock incentive plans, transactions aimed at the acquisition of equity investments, extraordinary financial transactions and/or the conclusion of agreements with strategic partners.\nThe authorization has a duration of 18 months from the date of the resolution, for a maximum of 7,411,457 ordinary shares (equal to 19.8107% of the current share capital) with a nominal value of \xe2\x82\xac0.13 each for a maximum nominal value of \xe2\x82\xac963,489.41, within the limit of a maximum financial commitment of \xe2\x82\xac300,000,000.
  • The Shareholders' Meeting consequently resolved to amend Article 5 (Share Capital) of the Articles of Association\nThe manager in charge of drafting the company's financial reports, Dr Giuseppe Veneziano, declares in accordance with Paragraph 2 of Article 154-bis of the Consolidated Finance Act, that the accounting information contained in this press release corresponds to the company's records, ledgers and accounting records.\nReply [MTA, STAR: REY, ISIN: IT0005282865] specialises in the design and implementation of solutions based on new communication channels and digital media.
  • Reply is a network of highly specialised companies supporting key European industrial groups operating in the telecom and media, industry and services, banking, insurance and public administration sectors in the definition and development of business models enabled for the new paradigms of AI, cloud computing, digital media and the Internet of Things.
  • Reply services include: Consulting, System Integration and Digital Services www.reply.com\nThis press release is a translation, the Italian version will prevail.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210426005462/en/\n"

Phaidon International Delivers Industry-Leading Growth, Rewards Shareholders with Dividend Recapitalization

Retrieved on: 
Monday, April 19, 2021
Financial capital, Dividends, Dividend recapitalization, Recapitalization

b'LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- Phaidon International ("Phaidon"), a global recruitment firm with 12 offices across the United States, Europe and Asia, has announced a dividend recapitalization, proceeds of which will support a payout to existing shareholders and management.

Key Points: 
  • b'LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- Phaidon International ("Phaidon"), a global recruitment firm with 12 offices across the United States, Europe and Asia, has announced a dividend recapitalization, proceeds of which will support a payout to existing shareholders and management.
  • We believe this dividend recapitalization is a strong endorsement of our story and of the next phase of our exciting journey.
  • We could not be more thrilled with our partnership with Phaidon, Harry and the Phaidon management team and are extremely pleased to reward our investors and management with this dividend recapitalization.
  • We are excited to lead this dividend recapitalization and to continue supporting management as they look to execute on their strategy.

Phaidon International Delivers Industry-Leading Growth, Rewards Shareholders with Dividend Recapitalization

Retrieved on: 
Monday, April 19, 2021
Financial capital, Dividends, Dividend recapitalization, Recapitalization

b'LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- Phaidon International ("Phaidon"), a global recruitment firm with 12 offices across the United States, Europe and Asia, has announced a dividend recapitalization, proceeds of which will support a payout to existing shareholders and management.

Key Points: 
  • b'LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- Phaidon International ("Phaidon"), a global recruitment firm with 12 offices across the United States, Europe and Asia, has announced a dividend recapitalization, proceeds of which will support a payout to existing shareholders and management.
  • We believe this dividend recapitalization is a strong endorsement of our story and of the next phase of our exciting journey.
  • We could not be more thrilled with our partnership with Phaidon, Harry and the Phaidon management team and are extremely pleased to reward our investors and management with this dividend recapitalization.
  • We are excited to lead this dividend recapitalization and to continue supporting management as they look to execute on their strategy.

Cryptology Asset Group p.l.c. resolves a cash capital increase and sale of treasury shares

Retrieved on: 
Thursday, April 15, 2021
Other Professional Services, Professional services, Finance, Stock market, Financial economics, Finance, Corporate finance, Corporate law, Corporations, Financial capital, Balance sheet, Treasury stock, Share, Buyback

(ISIN: MT0001770107; Ticker: CAP) today resolved to increase the share capital of the Company by 128,375 new shares and to sell 31,625 treasury shares which is the entire position Cryptology holds of own shares after the buyback done over the last months.

Key Points: 
  • (ISIN: MT0001770107; Ticker: CAP) today resolved to increase the share capital of the Company by 128,375 new shares and to sell 31,625 treasury shares which is the entire position Cryptology holds of own shares after the buyback done over the last months.
  • Shareholders\' subscription rights to the new shares and the treasury shares are excluded.\nThe Company has entered into binding subscription agreements for the entire amount of in total 160,000 shares with several institutional investors.
  • Closing of the transaction is expected for end of April 2021.\nThe capital increase will be carried out in cash contributions and by partially utilizing the existing authorized capital.
  • The New Shares and treasury shares will be offered at a fixed price of EUR 200.00 per share.