LTIP

TMC Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 25, 2024

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and fourth quarter and full year financial results for the period ending December 31, 2023.

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and fourth quarter and full year financial results for the period ending December 31, 2023.
  • Meanwhile, two new applications for deep-sea mineral exploration have recently been submitted to the ISA by the government of India.
  • Exploration and evaluation expenses during the quarter ended December 31, 2023 were $26.7 million compared to $81.8 million for the quarter ended December 31, 2022.
  • We will hold a conference call today at 4:30 p.m. EDT to provide an update on recent corporate developments, fourth quarter and full year 2023 financial results and upcoming milestones.

AYR Wellness Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 13, 2024

MIAMI, March 13, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, is reporting financial results for the fourth quarter and full year ended December 31, 2023. Unless otherwise noted, all results are presented in U.S. dollars.

Key Points: 
  • Opened two new dispensaries in Florida during the fourth quarter, bringing AYR’s total footprint to 64 dispensaries across the state.
  • Opened three dispensaries in Ohio in the Cleveland, Cincinnati, and Dayton metropolitan areas via the Company’s support relationship.
  • AYR has the future rights to ownership of all three dispensaries, subject to regulatory approval.
  • A reconciliation of how Ayr calculates Adjusted EBITDA and Adjusted Gross Profit is provided in the tables appended below.

Correction: Notice to attend the Annual General Meeting of Vitrolife AB (publ)

Retrieved on: 
Thursday, April 4, 2024

GOTHENBURG, Sweden, April 4, 2024 /PRNewswire/ -- The shareholders of Vitrolife AB (publ), corporate identity number 556354-3452 (`the Company') are hereby invited to attend the Annual General Meeting of shareholders on Thursday 25 April 2024 at 4.00 pm at the Elite Park Avenue Hotel, Kungsportsavenyn 36-38 in Gothenburg, Sweden. The entrance opens at 3.30 pm.

Key Points: 
  • Allotment of Performance Shares within LTIP 2024 will be made during a limited period of time following the Annual General Meeting 2027.
  • Performance Shares will be allotted if the average annual TSR is at least 7.5 percent (the minimum level).
  • The intention is that the Board shall launch LTIP 2024 as soon as practically possible after the Annual General Meeting.
  • Resolutions resolved upon by the Annual General Meeting 2024 shall not be included in a re-calculation of the number of shares.

Appointment of Chief Financial Officer

Retrieved on: 
Wednesday, March 13, 2024

In 2023, following the acquisition of Kensington Mortgages by Barclays, Marc was appointed as Managing Director, CFO of Kensington Mortgages.

Key Points: 
  • In 2023, following the acquisition of Kensington Mortgages by Barclays, Marc was appointed as Managing Director, CFO of Kensington Mortgages.
  • Marc has a BSc in Management Studies from the University of Manchester and an MBA from the University of London.
  • Marc Page will be required to accumulate a shareholding equivalent of 200% of salary over five years.
  • Further details will be disclosed in the Directors’ Remuneration Report within the Company’s Annual Report and Accounts as appropriate.

Convatec Group PLC: Director/ PDMR Shareholding

Retrieved on: 
Wednesday, March 13, 2024

On the 11 March 2024, awards were granted to Karim Bitar, Chief Executive Officer and Jonny Mason, Chief Financial Officer under the LTIP in the form of Performance Share Units (“PSUs”).

Key Points: 
  • On the 11 March 2024, awards were granted to Karim Bitar, Chief Executive Officer and Jonny Mason, Chief Financial Officer under the LTIP in the form of Performance Share Units (“PSUs”).
  • Further details of the LTIP and performance conditions will be available in the Company’s 2023 Annual Report.
  • The three-day average share price, closing on 8 March 2024 of £2.76 was used in determining the awards.
  • Also on 11 March 2024, share awards granted to Karim Bitar in 2021 under the LTIP vested:

The Macerich Company Announces Grant of Employment Inducement Award in Connection with Appointment of Jackson Hsieh as President and Chief Executive Officer

Retrieved on: 
Friday, March 1, 2024

SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh’s appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024.

Key Points: 
  • SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh’s appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024.
  • The awards were granted in accordance with New York Stock Exchange Listed Company Manual Rule 303A.08 as an inducement to Mr. Hsieh’s employment with the Company.
  • The inducement awards include a sign-on equity grant in the amount of 304,692 Company Long-Term Incentive (“LTIP”) units (the “Sign-On LTIP Grant”) and an annual equity grant in the amount of 396,098 LTIP units (the “2024 Annual LTIP Grant”).
  • The Sign-On LTIP Grant will vest 50% on the third anniversary and 25% on each of the fourth and fifth anniversaries measured from March 1, 2024, subject to Mr. Hsieh’s continued service with the Company on each applicable vesting date.

Stantec announces record 2023 earnings, dividend increase of 7.7%, and planned retirement of CFO Theresa Jang

Retrieved on: 
Wednesday, February 28, 2024

EDMONTON, Alberta and NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, today reported its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Stantec now expects that net revenue will increase between 11% and 15% in 2024.
  • Net revenue increased 13.7%, or $609.0 million, to $5.1 billion compared to 2022, primarily driven by 9.9% organic growth and 1.5% acquisition growth.
  • Water delivered exceptional organic growth of 20%, while Environmental Services and the United States achieved double-digit organic growth.
  • The revaluation of Stantec's LTIP in Q4 2023, primarily due to strong share price appreciation, contributed to a lower margin.

Vital Energy Reports Fourth-Quarter and Full-Year 2023 Financial and Operating Results

Retrieved on: 
Wednesday, February 21, 2024

TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, February 22, 2024. Participation details can be found within this release.

Key Points: 
  • Plans to invest $750 - $850 million, increasing FY-24 oil production ~10% from 4Q-23 exit
    TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook.
  • "We now have the scale and inventory to sustainably maximize cash flows from operating activities and generate Adjusted Free Cash Flow.
  • In 2023, Vital Energy published the Company's fourth Sustainability Report and an inaugural Climate Risk and Resilience Report.
  • In 2023, Vital Energy expanded this certification to approximately 60% of its gross operated oil production and became the first company to receive the TrustWell Low Methane Rating.

Cool Company Ltd. - Increase in Share Capital 

Retrieved on: 
Thursday, February 22, 2024

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (the “Company”) announces that, following the recently announced issuance of shares related to the vesting of previously granted RSUs under the Company’s Long-Term Incentive Plan (the “LTIP”), the Company’s total number of issued shares has increased by 14,384 to 53,702,846, with each share having a nominal value of USD 1.00.

Key Points: 
  • Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (the “Company”) announces that, following the recently announced issuance of shares related to the vesting of previously granted RSUs under the Company’s Long-Term Incentive Plan (the “LTIP”), the Company’s total number of issued shares has increased by 14,384 to 53,702,846, with each share having a nominal value of USD 1.00.
  • Full details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company’s 2022 Annual Report on Form 20-F as filed with the SEC.
  • This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240222833364/en/

Nordea launches Long Term Incentive Plan for 2024-2026

Retrieved on: 
Monday, February 5, 2024

Nordea Bank Abp's (Nordea) Board of Directors has today decided to continue the share-based Long Term Incentive Plan (LTIP) launched annually from 2020 for a new performance period covering the financial years 2024-2026.

Key Points: 
  • Nordea Bank Abp's (Nordea) Board of Directors has today decided to continue the share-based Long Term Incentive Plan (LTIP) launched annually from 2020 for a new performance period covering the financial years 2024-2026.
  • Nordea wants to ensure that management incentives are aligned with the shareholders' interests.
  • In support of this, the Board has decided to continue the share-based LTIP that has been approved and launched annually from 2020.
  • The LTIP shares will be delivered to the participants either through transfer of own shares held by Nordea or by issuing new shares.