Clearstream

Travis Perkins

Friday, November 20, 2020 - 8:01am

The redemption price shall be determined and notified to holders on the second business day in London prior to the Redemption Date.

Key Points: 
  • The redemption price shall be determined and notified to holders on the second business day in London prior to the Redemption Date.
  • Payment of the redemption monies will be made through Euroclear Bank SA/NV and Clearstream Banking, S.A., in accordance with their standard procedures.
  • Unless otherwise defined herein, defined terms used have the meanings given to them in the Trust Deed.
  • For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Robin Miller, General Counsel & Company Secretary of Travis Perkins plc.

ClearStream Announces Third Quarter 2020 Financial Results

Thursday, November 5, 2020 - 10:45pm

Gross profit margins for the three and nine months ended September 30, 2020 were 9.9% and 8.2% compared to 11.8% and 11.2% for the same periods in 2019.

Key Points: 
  • Gross profit margins for the three and nine months ended September 30, 2020 were 9.9% and 8.2% compared to 11.8% and 11.2% for the same periods in 2019.
  • During the third quarter, we closed ClearStream Wear's locations in Nisku and Edmonton and consolidated all operations into the Sherwood Park location.
  • By eliminating these two facilities, we have significantly improved production flexibility and reduced the fixed costs associated with ClearStream Wear's operations.
  • Our unaudited condensed consolidated interim financial statements for the three and nine months ended September30, 2020 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.clearstreamenergy.ca and will be available shortly through SEDAR at www.sedar.com.

Ferguson Hyams Multi-Strategy Fund (FHMSF) Added to Quilter and Clearstream Platforms

Thursday, October 22, 2020 - 8:01am

BRISBANE, Australia, Oct. 22, 2020 /PRNewswire/ -- The Ferguson Hyams Multi-Strategy Fund(FHMSF) has received a major boost after being added to the Quilter International and Clearstream Banking S.A platforms just weeks after being officially launched.

Key Points: 
  • BRISBANE, Australia, Oct. 22, 2020 /PRNewswire/ -- The Ferguson Hyams Multi-Strategy Fund(FHMSF) has received a major boost after being added to the Quilter International and Clearstream Banking S.A platforms just weeks after being officially launched.
  • The Fund is now available to over 4,000 independent financial adviser firms using the Quilter International (ISIN BMG475747884)open architecture products.
  • The fund is also now available on Clearstream's Vestima platform (ISIN BMG475747629), the world's largest cross-border fund processingplatform.
  • The fund is managed by Bermuda-registered Incu Capital Management Limited who has appointed Ferguson Hyams Investment Management, as the fund's sole investment advisor.

CloudMargin Raises $15 Million in Series B Funding Round with Citi, Deutsche Bank and Deutsche Börse as Primary Investors

Tuesday, September 22, 2020 - 12:00pm

Primary investors were Deutsche Brse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

Key Points: 
  • Primary investors were Deutsche Brse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.
  • During this unprecedented period of global turmoil and market volatility, it speaks volumes for the CloudMargin business model, achievements and strategy that we were able to successfully close this meaningful investment round with such high calibre partners as Deutsche Bank, Deutsche Brse and Citi.
  • Tilman Fechter, Head of Banking, Funding & Financing at Clearstream, part of Deutsche Brse Group, said: "CloudMargin is a perfect investment opportunity for Deutsche Brse and its post-trading services provider Clearstream.
  • Since the company's inception in 2014, CloudMargin has raised $35 million through equity issuance, with investors including IHS Markit, Jefferies and Illuminate Financial.

CloudMargin Raises $15 Million in Series B Funding Round with Citi, Deutsche Bank and Deutsche Börse as Primary Investors

Tuesday, September 22, 2020 - 12:00pm

Primary investors were Deutsche Brse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

Key Points: 
  • Primary investors were Deutsche Brse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.
  • During this unprecedented period of global turmoil and market volatility, it speaks volumes for the CloudMargin business model, achievements and strategy that we were able to successfully close this meaningful investment round with such high calibre partners as Deutsche Bank, Deutsche Brse and Citi.
  • Tilman Fechter, Head of Banking, Funding & Financing at Clearstream, part of Deutsche Brse Group, said: "CloudMargin is a perfect investment opportunity for Deutsche Brse and its post-trading services provider Clearstream.
  • Since the company's inception in 2014, CloudMargin has raised $35 million through equity issuance, with investors including IHS Markit, Jefferies and Illuminate Financial.

Bank of America Announces Redemption of €1.0 Billion of Floating Rate Senior Notes, Due September 21, 2021

Thursday, September 3, 2020 - 11:50am

Interest on the Notes will cease to accrue on the redemption date.

Key Points: 
  • Interest on the Notes will cease to accrue on the redemption date.
  • Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of Euroclear Bank SA/NV and Clearstream Banking, S.A. Bank of America, N.A.
  • (operating through its London branch) is the Principal Agent for the Notes, and Bank of America Merrill Lynch International DAC is the Registrar for the Notes.
  • Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services.

ClearStream Announces Second Quarter 2020 Financial Results

Wednesday, July 29, 2020 - 10:23pm

The potential impact that COVID-19 will have on our business or financial results cannot be reasonably estimated at this time.

Key Points: 
  • The potential impact that COVID-19 will have on our business or financial results cannot be reasonably estimated at this time.
  • At June 30, 2020, ClearStream was in compliance with all financial covenants under the ABL Facility.
  • Following the Payment in Kind Transactions, ClearStream will have approximately $107,000 principal amount of Senior Secured Debentures outstanding at December 31, 2020.
  • With contract renewals and new project awards secured in the second quarter and early in the third quarter, as well as the full impact of cost mitigation measures already implemented in the second quarter, we expect ClearStream's profitability to improve in the second half of 2020.

ClearStream Announces Voting Results from Shareholders’ Meeting

Friday, June 19, 2020 - 8:45pm

CALGARY, Alberta, June 19, 2020 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (ClearStream) (TSX: CSM) is pleased to announce that all matters presented for approval at its annual and special meeting (the "Meeting") of holders of common shares ("Common Shares") held earlier today were approved.

Key Points: 
  • CALGARY, Alberta, June 19, 2020 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (ClearStream) (TSX: CSM) is pleased to announce that all matters presented for approval at its annual and special meeting (the "Meeting") of holders of common shares ("Common Shares") held earlier today were approved.
  • A total of 45,442,195Common Shares, representing approximately 41.31% of the issued and outstanding Common Shares, were represented at the Meeting.
  • All of the nominees listed in ClearStream's management information circular dated May 7, 2020 (the "Information Circular") were elected as directors of ClearStream to hold office until the next annual meeting of shareholders or until their successors are elected or appointed.
  • The results of the vote were:

DGAP-News: Finomial: Clearstream Selects Finomial to Automate Trade Documentation for Funds

Wednesday, June 17, 2020 - 3:07pm

LUXEMBOURG and BOSTON, MA / ACCESSWIRE / June 17, 2020 / Clearstream , Deutsche Brse Group's post-trading services provider, today announced it has selected Finomial 's client lifecycle management technology to automate trade documentation completion for alternative investments, including hedge funds and private equity.

Key Points: 
  • LUXEMBOURG and BOSTON, MA / ACCESSWIRE / June 17, 2020 / Clearstream , Deutsche Brse Group's post-trading services provider, today announced it has selected Finomial 's client lifecycle management technology to automate trade documentation completion for alternative investments, including hedge funds and private equity.
  • As a leading alternative funds custodian specialising in alternative investments, Clearstream places trades with over 40,000 hedge funds across 45 jurisdictions globally.
  • Finomial's platform drives efficiency and transparency in what has historically been a labour-intensive, paper-based process required for investing in alternatives.
  • "As Clearstream continues to gain market share, we are excited to support them to further automate private funds investing."

DGAP-News: Clearstream Selects Finomial to Automate Trade Documentation for Funds

Wednesday, June 17, 2020 - 2:07pm

LUXEMBOURG and BOSTON, MA / ACCESSWIRE / June 17, 2020 / Clearstream , Deutsche Brse Group's post-trading services provider, today announced it has selected Finomial 's client lifecycle management technology to automate trade documentation completion for alternative investments, including hedge funds and private equity.

Key Points: 
  • LUXEMBOURG and BOSTON, MA / ACCESSWIRE / June 17, 2020 / Clearstream , Deutsche Brse Group's post-trading services provider, today announced it has selected Finomial 's client lifecycle management technology to automate trade documentation completion for alternative investments, including hedge funds and private equity.
  • As a leading alternative funds custodian specialising in alternative investments, Clearstream places trades with over 40,000 hedge funds across 45 jurisdictions globally.
  • From the end of 2020, Clearstream's clients will benefit from fully automated trade documentation completion, a client interface to automate collection and provision of individual customer declarations, reducing risk and delivering greater investor transparency.
  • "As Clearstream continues to gain market share, we are excited to support them to further automate private funds investing."