Section 17 of the Constitution Act, 1867

Prime Minister welcomes the appointment of the 46th Speaker of the Senate

Retrieved on: 
Friday, May 12, 2023

OTTAWA, ON , May 12, 2023 /CNW/ - The Prime Minister, Justin Trudeau, today welcomed the appointment of the Honourable Raymonde Gagné, Senator for Manitoba, as the 46th Speaker of the Senate of Canada.

Key Points: 
  • OTTAWA, ON , May 12, 2023 /CNW/ - The Prime Minister, Justin Trudeau, today welcomed the appointment of the Honourable Raymonde Gagné, Senator for Manitoba, as the 46th Speaker of the Senate of Canada.
  • With this appointment, Senator Gagné will be the first female Speaker of the Senate of Canada in 44 years, and the third female Speaker since the creation of the Senate in 1867.
  • Candidate submissions are reviewed by the Independent Advisory Board for Senate Appointments, which provides recommendations to the Prime Minister.
  • The Speaker of the Senate is appointed by the Governor General on the advice of the Prime Minister.

DSM - delivery of shares

Retrieved on: 
Friday, April 28, 2023

HEERLEN, Netherlands, April 28, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • Upon Settlement, DSM received 662,616 DSM-Firmenich Ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • Pursuant to commitments entered into prior to issuing the Offering Circular, DSM has on 28 April 2023 delivered 2,880 DSM-Firmenich ordinary shares to employees in view of settling the exercise of an equivalent number of stock options granted under the respective DSM Incentive Plan (average exercise price € 61.89).
  • At the date hereof, DSM holds a total of 621,433 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.4122% of the DSM-Firmenich ordinary shares.

DSM - delivery of shares

Retrieved on: 
Wednesday, April 26, 2023

HEERLEN, Netherlands, April 26, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • Upon Settlement, DSM received 662,616 DSM-Firmenich Ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • Pursuant to commitments entered into prior to issuing the Offering Circular, DSM has on 26 April 2023 delivered 15,765 DSM-Firmenich ordinary shares to employees in view of settling the exercise of an equivalent number of stock options granted under the respective DSM Incentive Plan (average exercise price €52.73).
  • At the date hereof, DSM holds a total of 624,313 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.4142% of the DSM-Firmenich ordinary shares.

DSM - delivery of shares

Retrieved on: 
Tuesday, April 25, 2023

HEERLEN, Netherlands, April 25, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • Upon Settlement, DSM received 662,616 DSM-Firmenich Ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • As a result, DSM held a total of 640,228 (instead of 635,176) DSM-Firmenich ordinary shares on 24 April 2023.
  • At the date hereof, DSM holds a total of 640,078 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.4246% of the DSM-Firmenich ordinary shares.

DSM - delivery of shares

Retrieved on: 
Monday, April 24, 2023

HEERLEN, Netherlands, April 24, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • Upon Settlement, DSM received 662,616 DSM-Firmenich Ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • Pursuant to commitments entered into prior to issuing the Offering Circular, DSM has on 24 April 2023 delivered 14,139 DSM-Firmenich ordinary shares to employees in view of (i) settling the vesting of 8,474 share units granted under the respective DSM Incentive Plan and (ii) settling the exercise of 5,665 stock options granted under the respective DSM Incentive Plan (average exercise price €61.92).
  • At the date hereof, DSM holds a total of 635,176 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.4214% of the DSM-Firmenich ordinary shares.

DSM - delivery of shares

Retrieved on: 
Friday, April 21, 2023

HEERLEN, Netherlands, April 21, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM Ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • Upon Settlement, DSM received 662,616 DSM-Firmenich Ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • Pursuant to commitments entered into prior to issuing the Offering Circular, DSM has on 21 April 2023 delivered 825 DSM-Firmenich ordinary shares to employees in view of settling the exercise of 825 stock options granted under the respective DSM Incentive Plan (average exercise price €87.13).
  • At the date hereof, DSM holds a total of 649,315 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.4307% of the DSM-Firmenich ordinary shares.

DSM - delivery of shares

Retrieved on: 
Thursday, April 20, 2023

HEERLEN, Netherlands, April 20, 2023 /PRNewswire/ -- Following the Offering Circular published on 22 November 2022, DSM and DSM-Firmenich are required to announce transactions in relation to the ordinary shares in their respective share capital in accordance with the Dutch public offer rules.

Key Points: 
  • With reference to the Offering Circular (in particular sections 11.16 (Long-term incentive plans) and 13.7 (Principal terms of the Business Combination Agreement)), DSM has during the Acceptance Period tendered in the Exchange Offer 662,616 DSM Ordinary Shares held in treasury in order to be able to fulfill its obligations under the respective DSM Incentive Plans after the Settlement Date.
  • As a result of the Settlement that took place today, DSM received 662,616 DSM-Firmenich ordinary shares in exchange for the aforementioned DSM Ordinary Shares tendered in the Exchange Offer.
  • Pursuant to commitments entered into prior to issuing the Offering Circular, DSM has on 20 April 2023 delivered 4,680 DSM-Firmenich ordinary shares to employees in view of settling the exercise of 4,680 stock options granted under the respective DSM Incentive Plan (average exercise price €58.16).
  • At the date hereof, DSM holds a total of 650,140 DSM-Firmenich ordinary shares (in order to be able to fulfill its obligations under the respective DSM Incentive Plans), representing approximately 0.43% of the DSM-Firmenich ordinary shares.

EXCHANGE OFFER DECLARED UNCONDITIONAL

Retrieved on: 
Monday, April 17, 2023

KAISERAUGST, Switzerland and HEERLEN, Netherlands and GENEVA, April 17, 2023 /PRNewswire/ --

Key Points: 
  • After settlement of the Post-Closing Acceptance Period, the Company intends to implement either the Buy-Out or the Post-Offer Merger and Liquidation
    DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.
  • As a result, the Exchange Offer will be settled on 20 April 2023 and the Firmenich Contribution will occur on 8 May 2023.
  • This announcement contains selected, condensed information regarding the Exchange Offer and does not replace the Offering Circular.
  • Accordingly, to be eligible to receive DSM-Firmenich Ordinary Shares under the Exchange Offer, each DSM Shareholder that is a U.S.

EXCHANGE OFFER DECLARED UNCONDITIONAL

Retrieved on: 
Monday, April 17, 2023

DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.

Key Points: 
  • DSM and Firmenich boards are very pleased to announce that the Company hereby declares the Exchange Offer unconditional.
  • As a result, the Exchange Offer will be settled on 20 April 2023 and the Firmenich Contribution will occur on 8 May 2023.
  • This announcement contains selected, condensed information regarding the Exchange Offer and does not replace the Offering Circular.
  • Accordingly, to be eligible to receive DSM-Firmenich Ordinary Shares under the Exchange Offer, each DSM Shareholder that is a U.S.

IRS announces further tax relief and 1031 exchange deadline extensions for those affected by California storms

Retrieved on: 
Friday, March 3, 2023

LOS ANGELES, March 3, 2023 /PRNewswire/ -- The IRS has extended the 45-day and 180-day 1031 exchange deadlines for eligible taxpayers. Those who qualify will now have an extended General Postponement date of October 16, 2023 to find a replacement property and close on their 1031 exchange transaction.

Key Points: 
  • California-based Peak 1031 Exchange encourages taxpayers to speak with an advisor to determine if they qualify for 1031 exchange deadline extensions.
  • LOS ANGELES, March 3, 2023 /PRNewswire/ -- The IRS has extended the 45-day and 180-day 1031 exchange deadlines for eligible taxpayers.
  • Those who qualify will now have an extended General Postponement date of October 16, 2023 to find a replacement property and close on their 1031 exchange transaction.
  • Taxpayers who do not meet the definition of Affected Taxpayers do not qualify for Section 6 General Postponement relief.