LAWS

Fuller, Smith & Turner PLC: Share Buyback Programme

Retrieved on: 
Monday, December 25, 2023
London Stock Exchange, Listing Rules, ANY, Annual, Common stock, LAWS, Financial result, Security (finance)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

Key Points: 
  • NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
  • This is consistent with the Company’s capital allocation framework and reflects the Board’s view that the current share price continues to represent a significant discount to the Company’s underlying net asset value.
  • The Programme is expected to enhance earnings per share.
  • Any market purchase of ‘A’ Ordinary Shares under the Programme will be announced no later than 7:30 a.m. on the business day following the day on which the purchase occurred.

Edison International Announces Waiver of Minimum Tender Condition and Extension of Tender Offers for Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A

Retrieved on: 
Wednesday, November 8, 2023
Utilities, Energy, ACT, MAKE, ITS, Name, Security (finance), NYSE, International, Expiration, Person, Security, Bangladesh Securities and Exchange Commission, Edison International, Trust, LAWS, AT, ARE, NOR, Expiration date, Mizuho Securities, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Offers, Series

The Company has waived the Minimum Tender Condition such that the Offers are no longer conditioned upon the Minimum Tender Condition.

Key Points: 
  • The Company has waived the Minimum Tender Condition such that the Offers are no longer conditioned upon the Minimum Tender Condition.
  • The Offer Materials contain important information that holders are urged to read before any decision is made with respect to either of the Offers.
  • Barclays Capital Inc., Citigroup Global Markets Inc. and Mizuho Securities USA LLC are acting as dealer managers for the Offers.
  • THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION TO PURCHASE SECURITIES.

R.E.A. Holdings plc: Further investment by DSN in REA Kaltim

Retrieved on: 
Tuesday, November 7, 2023
Sale, KKS, FOR, Exercise, CDM, Listing Rules, NOT, Bank statement, Indonesia Stock Exchange, SWA, Plant, LAWS, Financial Conduct Authority v Arch Insurance (UK) Ltd & others, DSN, AP, Transaction, REA, Coal mining, Cryptocurrency, Holding company, Security (finance), Bank, Life insurance, Music

The DSN subscription will increase the investment of the DSN group in the share capital of REA Kaltim from 15 per cent to 35 per cent.

Key Points: 
  • The DSN subscription will increase the investment of the DSN group in the share capital of REA Kaltim from 15 per cent to 35 per cent.
  • The DSN group's current investment in REA Kaltim is held through AP (which currently holds 5 per cent of the current issued share capital of REA Kaltim) and a sister company to AP, PT Swakarsa Sinarsentosa ("SWA") (which holds 10 per cent of the current issued share capital of REA Kaltim).
  • The pre-closing loan will facilitate satisfaction of conditions to the DSN subscription, including the intended rationalisation of subsidiaries of REA Kaltim as described below.
  • The balance of the debt owed by REA Kaltim to CDM will be funded from the proceeds of the DSN subscription.

Edison International Commences Tender Offers to Purchase Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A For a Maximum Aggregate Purchase Price…

Retrieved on: 
Wednesday, October 11, 2023
Utilities, Energy, ACT, MAKE, NOR, Schedule, Security, Settlement date, ITS, Mizuho Securities, Edison International, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Communication, Bangladesh Securities and Exchange Commission, Priority, Expiration, Trust, Venture round, Expiration date, ARE, Person, LAWS, Letter, Hand, Name, Security (finance), AT, Auction, Offers, Letter of transmittal

The Series B Offer has been assigned an Acceptance Priority Level of 1 and the Series A Offer an Acceptance Priority Level of 2.

Key Points: 
  • The Series B Offer has been assigned an Acceptance Priority Level of 1 and the Series A Offer an Acceptance Priority Level of 2.
  • Accordingly, all Securities validly tendered in the Series B Offer will be accepted for purchase before any validly tendered Securities of the Series A Offer are accepted.
  • In that event, the Series A Preferred Stock that will be accepted for purchase will be subject to proration, as described in the Offer to Purchase.
  • THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION TO PURCHASE SECURITIES.

500 Global and Ashdod Port Company Unveil Batch 2 of the Ashdod Port Accelerator by 500

Retrieved on: 
Wednesday, September 6, 2023
Artificial Intelligence, Health, Logistics, Supply Chain Management, Professional Services, Mobile, Wireless, Machinery, Entrepreneur, Robotics, IOT (Internet of Things), Consumer, Electronic Commerce, Apps, Applications, Other Manufacturing, Maritime, Security, Transport, Data Analytics, Audio, Video, Software, Manufacturing, Hardware, Data Management, Technology, Start-Up, Biometrics, ACT, AS, DEMO, LAWS, Investment, API, POC, AND, Mentorship, Cynergy Data, SELL, Magellanic, Quality control, Knowledge, Growth, Device, 500 Global, Safety, ALL, Vostochny Port (company), Port, Multimedia, Tal Hen, Documentation, Fourth Industrial Revolution, SDK, Software as a service, Partnership, Y, Port of Ashdod, ANY, AN, Biometric Database Law, Ecosystem, Cryptocurrency, Management, Shipbuilding, Mobile phone, Online shopping

Ashdod Port Company , the national port of Israel, and 500 Global , one of the world’s most active multi-stage venture capital firms, today unveil the graduating Israeli startups in Batch 2 of the Ashdod Port Accelerator by 500 .

Key Points: 
  • Ashdod Port Company , the national port of Israel, and 500 Global , one of the world’s most active multi-stage venture capital firms, today unveil the graduating Israeli startups in Batch 2 of the Ashdod Port Accelerator by 500 .
  • The panel will include representatives from major logistics companies, a startup founder, 500 Global and Ashdod Port Company.
  • To register to attend Demo Day, please visit the event page: Supply Chain Innovation - Ashdod Port Accelerator by 500 Global Demo Day .
  • INCLUSION AS A PRESENTING COMPANY IN DEMO DAY DOES NOT NECESSARILY CONFIRM INVESTMENT BY A 500 GLOBAL FUND IN SUCH COMPANY.

Fuller, Smith & Turner PLC: Share Buyback Programme

Retrieved on: 
Friday, July 21, 2023
London Stock Exchange, European Union (Withdrawal) Act 2018, Annual, Common stock, Listing Rules, Share repurchase, LAWS, London, ANY, Security (finance), EU

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

Key Points: 
  • NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
  • As announced on 20 July 2023, the Board decided that following the strong start to the current financial year, it would initiate a share buyback programme to repurchase up to 1 million A shares.
  • This is consistent with the Company’s capital allocation framework and reflects the Board’s view that the current share price represents a significant discount to the Company’s underlying net asset value.
  • Any market purchase of ‘A’ Ordinary Shares under the Programme will be announced no later than 7:30 a.m. on the business day following the day on which the purchase occurred.

Polymetal: Proposed cancellation of listing on the Official List and from trading on the London Stock Exchange and notice of General Meeting

Retrieved on: 
Monday, July 10, 2023
AIX, FOR, CREST, Common stock, OF, LAWS, Special Committee on Decolonization, Shareholder, Polymetal International, EU, London Stock Exchange, FAQ, RIS, Mass meeting, Annual general meeting, Circular, Legislation, Frequentative, LSE, NOT, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Resolution, Committee, Business, Main–Market Historic District, FCA, Official List, 2741 Valdivia, Date, MOEX, Security (finance), Management, Automotive industry, Property management, Nightclub, Hotel

Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today its intention to cancel its listing on the London Stock Exchange, subject to shareholder approval.

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today its intention to cancel its listing on the London Stock Exchange, subject to shareholder approval.
  • In the Re-domiciliation Circular, the Board explained the reason for this recommendation and the impact on the Company’s current London Listing.
  • Thereafter, the London Listing will remain suspended from the Re-domiciliation Effective Date until the Date of the London De-listing.
  • The London De-listing Circular contains further information on the London De-Listing and a notice of General Meeting.

HSBC SFH (France): Update on the Sale of HSBC Continental Europe’s Retail Banking Business in France

Retrieved on: 
Wednesday, June 14, 2023
Banking, Professional Services, Finance, Cerberus, Insurance, HSBC, Closing, NOT, PIK, FOR, Memorandum of understanding, Business, GAAP, Sale, CCF, Potential, HSBC Continental Europe, LAWS, MOU, Transaction, Swap rate, Security (finance), Bank, Financial services, Glass, Cryptocurrency, Life insurance, Drug, Constant purchasing power accounting

The potential changes do not impact the planned sale of HSFH under the terms of the original transaction.

Key Points: 
  • The potential changes do not impact the planned sale of HSFH under the terms of the original transaction.
  • The changes do not alter the underlying rationale for the transaction, which will allow HBCE to focus on its international wholesale business model.
  • The parties are aiming to close the transaction on 1 January 2024.
  • The Potential Changes do not alter the underlying rationale for the Transaction as set out in the 2021 Announcement.

HSBC Continental Europe: Update on Sale of Retail Banking Business in France

Retrieved on: 
Wednesday, June 14, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Cerberus, Insurance, HSBC, Closing, NOT, PIK, FOR, Memorandum of understanding, Business, GAAP, Sale, CCF, Potential, HSBC Continental Europe, LAWS, MOU, Transaction, Swap rate, Security (finance), Bank, Financial services, Glass, Cryptocurrency, Life insurance, Drug, Constant purchasing power accounting

The changes do not alter the underlying rationale for the transaction, which will allow HBCE to focus on its international wholesale business model.

Key Points: 
  • The changes do not alter the underlying rationale for the transaction, which will allow HBCE to focus on its international wholesale business model.
  • There is no immediate change to the IFRS accounting treatment of the French retail business – there will be an information and consultation process with respective works councils and the transaction remains subject to regulatory approvals.
  • The final pre-tax loss on sale will be determined at closing, by reference to Prevailing Rates at the time and the value of the profit participation interest (if relevant).
  • On 18 June 2021, HSBC Continental Europe (‘HBCE’) announced (the ‘2021 Announcement’) that it had signed a Memorandum of Understanding with Promontoria MMB SAS (‘My Money Group’) and its subsidiary Banque des Caraïbes SA (the ‘Purchaser’, and together with My Money Group, the ‘Purchaser Group’) regarding the potential sale of HBCE’s retail banking business in France (the ‘Business’) (the ‘Transaction’).

Telesis Bio Announces Closing of $28.0 Million Private Placement of Preferred Stock And Warrants to Purchase an Additional $46.2 Million of Common Stock

Retrieved on: 
Monday, June 5, 2023
ACT, Molecular biology, AS, Telesis, OR, Doctor of Philosophy, Securities and Exchange Commission (Philippines), Novalis, SELL, LAWS, SAN, Security (finance), Synthetic biology, Financial adviser

The warrants issued in the private placement will provide Telesis Bio with approximately $46.2 million in additional gross proceeds if they are cash exercised.

Key Points: 
  • The warrants issued in the private placement will provide Telesis Bio with approximately $46.2 million in additional gross proceeds if they are cash exercised.
  • The Company also announced the appointment of Paul Meister, a partner at Novalis LifeSciences LLC, to the Company’s board of directors immediately following the closing.
  • THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITY.
  • H.C. Wainwright & Co. acted as a financial advisor for the private placement.