Market Newsdesk

AeroFarms Expands its Award-Winning Leafy Greens Product Assortment

Expanding Across the Leafy Greens Category to Meet Customer Demand

NEWARK, N.J.–(BUSINESS WIRE)–
AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding its line of leafy greens to include 5 new items: Baby Bok Choy-The New Spinach^TM, Micro Arugula, Micro Broccoli, Micro Kale, and Micro Rainbow Mix.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210708005300/en/

AeroFarms® award-winning retail brand of leafy greens is prized for its elevated flavor and is grown using proprietary aeroponics and indoor vertical farming technologies, which yield annual productivity up to 390 times greater than traditional field farming, while using up to 95% less water and zero pesticides.

There has been increased consumer interest in Asian greens and Future Fusebiquity– as outlined in Datassential’s Food Bytes 2021 Food Trends – that takes new generation products and combines them with well-known dishes. AeroFarms Baby Bok Choy-The New Spinach^TM is reimagining how to create a better spinach experience that is juicier, more flavorful, and even more nutrient dense with an ANDI (Aggregate Nutrient Density Index) score of 865 vs. spinach at 707, and it can be enjoyed in just about any spinach recipe for an updated new take on the dish.

Microgreens were recognized by The Today Show as one of the top health trends for 2021, and AeroFarms has been expanding this category at retail since 2019. Responding to consumer demand, AeroFarms has added Micro Arugula, Micro Broccoli, Micro Kale, and Micro Rainbow Mix to its core line of Micro Spicy Mix and Micro Super Mix. Produced year-round at the highest quality, AeroFarms microgreens offer great visual and flavor excitement, elevating the home cook into a chef. In addition, AeroFarms microgreens provide higher nutrient density than their mature green counterparts, offering a powerful way to provide a potent boost of vitamins, minerals, and phytonutrients.

AeroFarms starts by selecting the most flavorful varietals of microgreens and baby greens, then perfects them in its proprietary indoor vertical farms for optimal quality, yield, color, nutrition, texture, and taste. In fact, AeroFarms has trademarked Vertical Farming, Elevated Flavor™ to highlight to consumers not only where and how their food is grown, but also more importantly, the key growing benefits that AeroFarms uniquely brings to the market, setting a new culinary standard with millions of data points to prove it.

AeroFarms is able to grow its kale to be sweeter and its arugula to be perfectly peppery, and the Company has developed its signature FlavorSpectrum™ to represent the breadth of flavors and hundreds of varieties of leafy greens that it is able to grow. AeroFarms’ team of experts from horticulturists to engineers to data scientists to nutritionists paired each specific tasting note with a representative color to bring the FlavorSpectrum™ philosophy to life. Across its leafy greens packaging line, the cool blue tones represent sweet and mellow notes, while the intense reds represent bold and zesty flavors.

All AeroFarms leafy greens are safely grown indoors in New Jersey at one of AeroFarms’ state-of-the art commercial indoor vertical farms that is certified for USDA Good Agricultural Practices, SQF Level 2 Good Manufacturing Practices, Non-GMO Project Verification, and OU Kosher. AeroFarms leafy greens are completely pesticide free, and ready-to-eat without any need to wash, providing a major benefit to consumers looking for safety and convenience. AeroFarms leafy greens are available at major customers such as Amazon Fresh, Baldor Specialty Foods, FreshDirect, Morton Williams, ShopRite, Walmart, and Whole Foods.

“Our Company is committed to partnering with our retail partners to expand the entire category of leafy greens and drive consumption with our sustainably grown produce that is winning on taste,” said David Rosenberg, Co-Founder and Chief Executive Officer of AeroFarms. “We are excited to expand our line of microgreens, which we believe can move from just a garnish to center of the plate given their exceptional taste — microgreens can be enjoyed all of the time!”

About AeroFarms

Since 2004, AeroFarms has been leading the way for indoor vertical farming and championing transformational innovation for agriculture. On a mission to grow the best plants possible for the betterment of humanity, AeroFarms is a Certified B Corporation with global headquarters in Newark, New Jersey. Named one of the World’s Most Innovative Companies by Fast Company two years in a row and one of TIME’s Best Inventions in Food, AeroFarms patented, award-winning indoor vertical farming technology provides the perfect conditions for healthy plants to thrive, taking agriculture to a new level of precision, food safety, and productivity while using up to 95% less water and no pesticides ever versus traditional field farming. AeroFarms enables local production to safely grow all year round, using vertical farming for elevated flavor. In addition, through its proprietary growing technology platform, AeroFarms has developed multi-year strategic partnerships ranging from government to major Fortune 500 companies to help uniquely solve agriculture supply chain needs. For additional information, visit: https://aerofarms.com/.

On March 26, 2021, AeroFarms announced a definitive business combination agreement with Spring Valley Acquisition Corp. (Nasdaq: SV). Upon the closing of the business combination, AeroFarms will become publicly traded on Nasdaq under the new ticker symbol “ARFM”. Additional information about the transaction can be viewed here: https://aerofarms.com/investors/

No Offer or Solicitation

This press release does not constitute an offer to sell or a solicitation of an offer to buy, or the solicitation of any vote or approval in any jurisdiction in connection with a proposed potential business combination among Spring Valley and AeroFarms or any related transactions, nor shall there be any sale, issuance or transfer of securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful. Any offering of securities or solicitation of votes regarding the proposed transaction will be made only by means of a proxy statement/prospectus that complies with applicable rules and regulations promulgated under the Securities Act of 1933, as amended (the “Securities Act”), and Securities Exchange Act of 1934, as amended, or pursuant to an exemption from the Securities Act or in a transaction not subject to the registration requirements of the Securities Act.

Forward Looking Statements

Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “might,” “will,” “estimate,” “continue,” “contemplate,” “anticipate,” “intend,” “expect,” “should,” “would,” “could,” “plan,” “predict,” “project,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this presentation, regarding Spring Valley’s proposed acquisition of AeroFarms, Spring Valley’s ability to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the respective management of AeroFarms and Spring Valley and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AeroFarms and Spring Valley. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; the inability of the parties to successfully or timely consummate the proposed transaction, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed transaction or that the approval of the stockholders of Spring Valley or AeroFarms is not obtained; failure to realize the anticipated benefits of the proposed transaction; risks relating to the uncertainty of the projected financial information with respect to AeroFarms; risks related to the expansion of AeroFarms’ business and the timing of expected business milestones; the effects of competition on AeroFarms’ business; the ability of Spring Valley or AeroFarms to issue equity or equity-linked securities or obtain debt financing in connection with the proposed transaction or in the future, and those factors discussed in Spring Valley’s Annual Report on Form 10-K, Quarterly Report on Form 10-Q, final prospectus dated November 25, 2020 and preliminary proxy statement/prospectus dated May 10, 2021 under the heading “Risk Factors,” and other documents Spring Valley has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Spring Valley nor AeroFarms presently know, or that Spring Valley nor AeroFarms currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Spring Valley’s and AeroFarms’ expectations, plans, or forecasts of future events and views as of the date of this press release. Spring Valley and AeroFarms anticipate that subsequent events and developments will cause Spring Valley’s and AeroFarms’ assessments to change. However, while Spring Valley and AeroFarms may elect to update these forward-looking statements at some point in the future, Spring Valley and AeroFarms specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Spring Valley’s and AeroFarms’ assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005300/en/

AeroFarms

Investor Relations:

Jeff Sonnek ICR

[email protected]

1-646-277-1263

Media Relations:

Marc Oshima

AeroFarms

[email protected]

1-917-673-4602

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Food/Beverage Agriculture Natural Resources Retail Supermarket

MEDIA:

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Evercore Wealth Management Appoints Justin Miller as Partner and National Director of Wealth Planning

NEW YORK–(BUSINESS WIRE)–
Evercore Wealth Management today announced the appointment of Justin Miller as Partner and National Director of Wealth Planning. Mr. Miller will additionally serve as a Senior Wealth and Fiduciary Advisor at the San Francisco office of Evercore Wealth Management and Evercore Trust Company, N.A.

Mr. Miller joins Evercore from BNY Mellon Wealth Management, where he worked as a national wealth strategist, advising clients on tax, trusts and estates, charitable planning and family governance. Prior to joining BNY Mellon in 2011, he worked at Wells Fargo and, earlier, at Sidley Austin, where he began his career as a tax attorney.

“Justin is a welcome addition to our growing national team,” said Chris Zander, CEO of Evercore Wealth Management and Evercore Trust Company. “His deep industry knowledge, broad professional network and positive attitude make him a terrific fit for our firm.”

Mr. Miller is an adjunct professor at Golden Gate University School of Law, a Fellow of the American Bar Foundation, and a Fellow of the American College of Trust and Estate Counsel. He has served in leadership positions with the American Bar Association, California Bar Foundation, San Francisco Estate Planning Council, and State Bar of California, and is a former editor-in-chief of the California Tax Lawyer. Additionally, he is a past recipient of the Outstanding Conference Speaker Award from the California Society of CPAs and the V. Judson Klein Award from the California Tax Bar.

Mr. Miller received a B.A., with honors, from the University of California, Berkeley, and a J.D. and LL.M. in Taxation from New York University School of Law. He also holds the Accredited Estate Planner® and CERTIFIED FINANCIAL PLANNER™ designations and is a member of the State Bar of California.

About Evercore Wealth Management

Evercore Wealth Management, LLC, a subsidiary of Evercore, serves high net worth families, endowments and foundations, delivering customized investment management, financial planning and trust and custody services. Evercore Wealth Management is an investment advisor registered with the U.S. Securities and Exchange Commission, with offices in New York, Minneapolis, Palm Beach, San Francisco and Tampa. The firm manages $10.6 billion in client assets as of March 31, 2021.

Additionally, Evercore Wealth Management offers personal trust and custody services to its clients through its Wilmington, Delaware-based affiliate Evercore Trust Company, N.A. More information about planning, investing and personal fiduciary services at Evercore Wealth Management can be found at www.evercorewealthandtrust.com.

About Evercore

Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005199/en/

Investor Contact:

Hallie Elsner Miller

Head of Investor Relations

+1.917.386.7856

Media Contact:

Aline Sullivan

Lexicon Associates, for Evercore Wealth Management, LLC and Evercore Trust Company, N.A.

+1.203.918.3389

KEYWORDS: California New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Ooma Adds Remote Control in Videoconferences, Enabling Instant Collaboration and Tech Support

SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced it has added Remote Control to Ooma Meetings, its videoconferencing platform, enabling instant collaboration and tech support. Ooma has also introduced Meeting Logs, a way to keep track of who joined recent meetings and for how long.

Ooma Meetings is part of Ooma Office Pro (https://www.ooma.com/office/pro/), an award-winning business phone and unified communications service designed to meet the needs of small and mid-sized business at $24.95 per extension per month (exclusive of taxes and fees), with no contract required.

Advanced features of Ooma Office Pro include call recording, voicemail transcription, enhanced robocall blocking and a mobile app. The Ooma Office desktop app (https://www.ooma.com/small-business-phone-systems/desktop-app/), which provides Ooma Meetings, also delivers a fully functional softphone and texting.

With just a few clicks, a participant in an Ooma Meeting can now request permission through the Remote Control feature to operate another participant’s computer. After allowing access, participants are able to maintain control with the ability to stop Remote Control at any time.

Once a Remote Control session is underway, controlling participants can use their keyboard and mouse to operate the controlled participant’s computer – visible on screen in Ooma Meetings – as if they were sitting in that participant’s place.

“There are occasions during video meetings when it is more efficient to take control of another person’s machine to quickly show them how to accomplish a task, fix an IT problem, or collaborate on changes,” said Dennis Peng, vice president of product management at Ooma. “Remote Control for Ooma Meetings avoids those frustrating conversations where one person says to another, ‘move the cursor to the left . . . no, further to the left . . . now up just a bit.’ Ooma Meetings users can now eliminate those painful and time-wasting delays.”

The only requirement for Remote Control is that controlled participants use the Ooma Office app on their computer or the Ooma Meetings desktop app if they are a guest. Both apps are free and can be downloaded for either Windows or Mac from https://support.ooma.com/office/download/. Details on using Remote Control are at https://support.ooma.com/office/using-remote-control-screen-sharing/.

Ooma has introduced another powerful feature for video conferencing: Meeting Logs. From the Meetings tab in the Ooma Office desktop app, users can select “View Meeting Logs” for any meeting they regularly host. They will see a dropdown list for all occurrences of that meeting in the last 30 days, listing the names of participants who joined and how long they stayed in the meeting. The participant list can also be copied to the clipboard for easy sharing. Details on using Meeting Logs are at https://support.ooma.com/office/how-to-check-your-ooma-meeting-logs/.

About Ooma, Inc.

Ooma (NYSE: OOMA) creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. For businesses of all sizes, Ooma provides advanced voice and collaboration features including messaging, intelligent virtual attendants, and video conferencing to help them run more efficiently. For consumers, Ooma’s residential phone service provides PureVoice HD voice quality, advanced functionality and integration with mobile devices. Learn more at www.ooma.com or www.ooma.ca in Canada.

Forward-Looking Statements

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” The forward-looking statements contained in this press release include, without limitation, statements related to the functionality and/or performance of Ooma Office Pro, including Remote Control and Meeting Logs. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results to be materially different from any future results expressed or implied by such forward-looking statements. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in Ooma’s filings with the Securities and Exchange Commission, including under Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2021 filed on April 7, 2021, and in its subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date they are made. Ooma undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005328/en/

MEDIA CONTACT:

Mike Langberg at Ooma

[email protected]

650-566-6693

INVESTOR CONTACT:

Matt Robison at Ooma

[email protected]

650-300-1480

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Mobile/Wireless Technology Security Telecommunications Software Audio/Video Networks Internet Data Management VoIP

MEDIA:

Posted on July 8, 2021 8:03 am

SiTime Corporation to Announce Second Quarter 2021 Financial Results on August 4, 2021

SANTA CLARA, Calif., July 08, 2021 (GLOBE NEWSWIRE) — SiTime Corporation (Nasdaq: SITM), a market leader in MEMS timing, will announce its second quarter 2021 financial results on Wednesday, August 4, 2021, after market close.

Rajesh Vashist, SiTime’s chief executive officer, and Art Chadwick, chief financial officer, will host a conference call at 2:00 p.m. Pacific Time to discuss the company’s results.

A live audio webcast of the conference call will be available and archived for approximately 90 days in the investor relations section of the company’s website at investor.sitime.com.

Analysts and investors are invited to join the conference call using the following information:

Date: Wednesday, August 4, 2021
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Conference Dial-in: 1-844-467-7657
International Dial-in: +1-414-238-9725
Conference ID: 9949706

A telephone replay of the conference call will be available through August 11, 2021 and can be accessed by dialing 1-855-859-2056 and using conference ID 9949706.

About SiTime

SiTime Corporation is a market leader in silicon MEMS timing. Our programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With over 2 billion devices shipped, SiTime is changing the timing industry. For more information, visit www.sitime.com.

Investor Relations Contacts:

Shelton Group
Leanne Sievers | Brett Perry
1-949-224-3874 | 1-214-272-0070
[email protected]

SiTime Corporation
Art Chadwick
Chief Financial Officer
[email protected]

Posted on July 8, 2021 8:03 am

ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2021

ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2021

NEW YORK–(BUSINESS WIRE)–
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of June 30, 2021.

As of June 30, 2021, the Fund’s net assets were $465.2 million, and its net asset value per share was $34.21.

The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to senior indebtedness was 452% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage was 355%.

	As of June 30, 2021
	Amount (millions)				Per Share
Investments	$	635.4			$	46.73
Cash and Cash Equivalents		4.7				0.34
Other Assets		9.1				0.67
Total Assets	$	649.2			$	47.74
Senior Notes*	$	73.3			$	5.39
Loans Outstanding*		70.0				5.15
Mandatory Redeemable Preferred Shares*		38.8				2.85
Total Leverage	$	182.1			$	13.39
Other Liabilities	$	1.9			$	0.14
Total Liabilities	$	1.9			$	0.14
Net Assets	$	465.2			$	34.21
Outstanding Shares		13,595,347
* The Fund’s asset coverage ratio under the 1940 Act with respect to senior indebtedness was 452%.
* The Fund’s asset coverage ratio under the 1940 Act with respect to total leverage was 355%.
Top Ten Equity Holdings (as of June 30, 2021)**
	Market Value
Name	(millions)				% of Investments				***
MPLX LP	$	51.7				8.1	%
Enterprise Products Partners LP	$	50.7				8.0	%
Williams Cos. Inc.	$	37.9				6.0	%
Targa Resources Corp.	$	37.7				5.9	%
DCP Midstream LP	$	36.8				5.8	%
ONEOK Inc.	$	36.6				5.8	%
Magellan Midstream Partners LP	$	32.3				5.1	%
Energy Transfer LP	$	31.6				5.0	%
Western Midstream Partners LP	$	31.1				4.9	%
Enbridge Inc.	$	27.3				4.3	%
	$	373.7				58.9	%
** Subject to change at any time
*** Percent of Total Equity Investments

ClearBridge MLP and Midstream Fund Inc. is a non-diversified, closed-end management investment company, which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and ClearBridge are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website atwww.sec.gov. To obtain information on Form N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s website at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005377/en/

Investor Contact: Fund Investor Services 1-888-777-0102

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Posted on July 8, 2021 8:03 am

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2021

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of June 30, 2021

NEW YORK–(BUSINESS WIRE)–
ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of June 30, 2021.

As of June 30, 2021, the Fund’s net assets were $381.9 million, and its net asset value per share was $28.70. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to senior indebtedness was 479% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage was 346%.

	As of June 30, 2021
	Amount (millions)			Per Share
Investments	$	524.3		$	39.40
Cash and Cash Equivalents		7.4			0.56
Other Assets		6.9			0.52
Total Assets	$	538.6		$	40.48
Senior Notes*	$	45.1		$	3.40
Loans Outstanding*		67.0			5.03
Mandatory Redeemable Preferred Shares*		43.1			3.24
Total Leverage	$	155.2		$	11.67
Other Liabilities	$	1.5		$	0.11
Total Liabilities	$	1.5		$	0.11
Net Assets	$	381.9		$	28.70
Outstanding Shares		13,307,118
* The Fund’s asset coverage ratio under the 1940 Act with respect to senior indebtedness was 479%.
* The Fund’s asset coverage ratio under the 1940 Act with respect to total leverage was 346%.
Top Ten Equity Holdings (as of June 30, 2021)**
	Market Value
Name	(millions)			% of Investments		***
MPLX LP	$	43.0			8.2%
Enterprise Products Partners LP	$	38.5			7.3%
Targa Resources Corp.	$	38.1			7.3%
Western Midstream Partners LP	$	31.5			6.0%
DCP Midstream LP	$	30.7			5.8%
Williams Cos. Inc.	$	29.2			5.6%
Energy Transfer LP	$	26.0			5.0%
Magellan Midstream Partners LP	$	22.9			4.4%
Enbridge Inc.	$	20.4			3.9%
Plains All American Pipeline LP	$	19.4			3.7%
	$	299.7			57.2%
** Subject to change at any time
*** Percent of Total Equity Investments

ClearBridge Energy Midstream Opportunity Fund Inc. is a non-diversified, closed-end management investment company, which is advised by Legg Mason Partners Fund Advisor, LLC (“LMPFA”) and subadvised by ClearBridge Investments, LLC (“ClearBridge”). LMPFA and ClearBridge are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Form N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s website at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005378/en/

Investor Contact: Fund Investor Services 1-888-777-0102

 

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Posted on July 8, 2021 8:03 am

Vaccitech to Present at the William Blair Biotech Focus Conference 2021

OXFORD, United Kingdom, July 08, 2021 (GLOBE NEWSWIRE) — Vaccitech plc (NASDAQ: VACC), a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases and cancer, today announced that the Company’s Chief Executive Officer, Bill Enright, will be presenting at the William Blair Biotech Focus Conference 2021 on Thursday, July 15 at 1 p.m. EDT.

A live webcast of the presentation can be accessed through the Events section of the Vaccitech website. Following the live webcast, a replay will be available at the same location.

About Vaccitech plc

Vaccitech is a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases and cancer. The company’s proprietary platform comprises proprietary modified simian adenoviral vectors, known as ChAdOx1 and ChAdOx2, as well as the well-validated Modified Vaccinia Ankara, or MVA, boost vector, both with demonstrable tolerability profiles and without the ability to replicate in humans. The combination of a ChAdOx prime treatment with subsequent MVA boost has consistently generated significantly higher magnitudes of CD8+ T cells compared with other technologies and approaches. The company has a broad pipeline of both clinical and preclinical stage therapeutic programs in solid tumors and viral infections and prophylactic viral vaccine programs. Vaccitech co-invented a COVID-19 vaccine with the University of Oxford, now approved for use in many territories and exclusively licensed worldwide to AstraZeneca through Oxford University Innovation, or OUI. Vaccitech is entitled to receive a share of the milestones and royalty income received by OUI from AstraZeneca.

Vaccitech Media contacts:

Katja Stout, Scius Communications (EU)
Direct: +44 (0) 7789435990
Email: [email protected]

Ryo Imai / Robert Flamm, Ph.D. (US), Burns McClellan, Inc.
212-213-0006 ext. 315 / 364
Email: [email protected] / [email protected]

Henry Hodge, Vaccitech
Email: [email protected]

Posted on July 8, 2021 8:03 am

Papa John’s Announces New Hiring, Referral and Appreciation Bonuses for Front-Line Corporate Team Members

Papa John’s Announces New Hiring, Referral and Appreciation Bonuses for Front-Line Corporate Team Members

LOUISVILLE, Ky.–(BUSINESS WIRE)–
Papa John’s International, Inc. (NASDAQ: PZZA)today announced new hiring, referral and appreciation bonuses for its approximately 14,000 front-line team members in the company’s corporate restaurants and supply chain, recognizing again their essential role in the company’s record growth and industry outperformance. Papa John’s also plans to make additional investments in its full-time staff in its higher volume company-owned stores to support continued growth. The company expects to invest approximately $2.5 million in these initiatives during the remainder of 2021.

“The incredible hard work and commitment of our team members, which powered Papa John’s tremendous performance and transformation over the past 18 months, is just as important to our sustained long-term growth. Similar to programs being offered by our franchisees, these new bonuses for our team members in our corporate restaurants and QCCs reflect the value we place on growing, retaining and supporting our dedicated team,” said Rob Lynch, President & CEO. “In addition, we’ve made permanent the expanded health, wellness, paid time-off and college tuition benefits we rolled out during the pandemic, as we strive to be the employer of choice within our dynamic industry.”

Papa John’s new bonus programs offer $50 referral bonuses for corporate team members for every new hire they bring in, with an additional $50 bonus paid to the new team member. Existing corporate team members are also eligible for up $400 in appreciation bonuses to be paid in increments throughout the remainder of the year. For more detail on these programs and career opportunities at Papa John’s, please visit https://jobs.papajohns.com.

About Papa John’s

Papa John’s International, Inc. (NASDAQ: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA. Papa John’s believes that using high quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa John’s tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa John’s is headquartered in Louisville, Ky. and is the world’s third-largest pizza delivery company with more than 5,400 restaurants in 50 countries and territories. For more information about the Company or to order pizza online, visit www.PapaJohns.com or download the Papa John’s mobile app for iOS or Android.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005449/en/

Media

Madeline Chadwick

Senior Vice President, Communications and Corporate Affairs

[email protected]

502-261-4189

Gagnier Communications

Jeffrey Mathews / Lindsay Barber

[email protected]

646-569-5711

KEYWORDS: United States North America Kentucky

INDUSTRY KEYWORDS: Supply Chain Management Retail Restaurant/Bar Food/Beverage

MEDIA:

Posted on July 8, 2021 8:03 am

Kansas City Southern Sets Special Meeting Date for Vote on Combination with CN

Kansas City Southern Sets Special Meeting Date for Vote on Combination with CN

MONTREAL & KANSAS CITY, Mo.–(BUSINESS WIRE)–
CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that KCS has scheduled a virtual Special Meeting of Stockholders (“Special Meeting”) to vote on the proposed combination with CN on August 19, 2021, at 9:00 a.m. Central Time. All stockholders of record of KCS common stock and KCS 4% non-cumulative preferred stock as of the close of business on July 1, 2021 will be entitled to vote their shares at the Special Meeting.

As previously announced on May 21, 2021, under the terms of the agreement, which was unanimously approved by the Board of Directors of each company, KCS stockholders will receive $200 in cash and 1.129 shares of CN common stock for each KCS common share, with KCS stockholders expected to own approximately 12.65% of the combined company. KCS’ preferred stockholders will receive $37.50 in cash for each preferred share. Additional information regarding the combination can be found in the definitive proxy statement that has been filed with the U.S. Securities and Exchange Commission (“SEC”).

“We are thrilled to be taking this important next step and giving KCS stockholders the opportunity to vote on the creation of the premier railway for the 21^st century. Numerous stakeholders of both companies have voiced overwhelming support for this compelling combination, and we look forward to delivering the many benefits of this pro-competitive transaction to them. This combination delivers significant value to KCS stockholders along with the opportunity to participate in the significant upside of the combined company.”

– JJ Ruest, president and chief executive officer of CN

“The filing of the definitive proxy statement represents an important milestone as we work toward completing this transaction. By joining with CN, KCS will provide our customers access to new single-line transportation services at the best value for their transportation dollar, while increasing competition among the Class 1 railroads. Together, CN and KCS will be positioned to deliver on the transaction’s powerful potential to create new growth opportunities for our customers, employees, labor partners, communities and stockholders.”

– Patrick J. Ottensmeyer, president and chief executive officer of KCS

The KCS Board of Directors unanimously recommends that stockholders vote “FOR” the merger agreement with CN and the other proposals outlined in the definitive proxy statement. CN will acquire KCS shares and place them into a voting trust if such trust is approved by the Surface Transportation Board (“STB”). KCS stockholders will receive the merger consideration immediately upon the closing into CN’s voting trust, which is expected to be in the second half of 2021. Following this step, the STB and other regulatory authorities will complete their review of CN’s control of KCS. Upon approval, the completion of the transaction to take the KCS shares out of the voting trust is expected to take place in the second half of 2022.

CN’s voting trust is an integral component of the CN-KCS combination. It prevents premature control of KCS, allows KCS to maintain independence and protects KCS’ financial health during the STB’s review of the ultimate combination of CN and KCS. CN and KCS are confident that the voting trust meets all the standards set forth by the STB and believe that, after a fair and thorough review by the STB, it should be approved.

CN’s prospectus and KCS’ definitive proxy materials can be found on the SEC’s website at www.sec.gov. The proxy materials are being mailed to all stockholders eligible to vote at the Special Meeting, which can be accessed at meetings.computershare.com/MUKQC2H.

KCS stockholders who need assistance or have questions regarding the KCS Special Meeting may contact KCS’s proxy solicitor:

If you have any questions, require assistance with voting your proxy card, or need additional copies of proxy material, please call MacKenzie Partners at the phone numbers listed below.   MacKenzie Partners, Inc.   1407 Broadway, 27th Floor New York, NY 10018   email: [email protected]   (212) 929-5500 or (800) 322-2885

For more information on CN’s combination with KCS, please visit www.ConnectedContinent.com.

About CN

CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 19,500-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

About Kansas City Southern

Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com

Forward Looking Statements

Certain statements included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including statements based on management’s assessment and assumptions and publicly available information with respect to KCS, regarding the proposed transaction between CN and KCS, the expected benefits of the proposed transaction and future opportunities for the combined company. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN and KCS caution that their assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of CN, or the combined company, to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to: the outcome of the proposed transaction between CN and KCS; the parties’ ability to consummate the proposed transaction; the conditions to the completion of the proposed transaction; that the regulatory approvals required for the proposed transaction may not be obtained on the terms expected or on the anticipated schedule or at all; CN’s indebtedness, including the substantial indebtedness CN expects to incur and assume in connection with the proposed transaction and the need to generate sufficient cash flows to service and repay such debt; CN’s ability to meet expectations regarding the timing, completion and accounting and tax treatments of the proposed transaction; the possibility that CN may be unable to achieve expected synergies and operating efficiencies within the expected time-frames or at all and to successfully integrate KCS’ operations with those of CN; that such integration may be more difficult, time-consuming or costly than expected; that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; the retention of certain key employees of KCS may be difficult; the duration and effects of the COVID-19 pandemic, general economic and business conditions, particularly in the context of the COVID-19 pandemic; industry competition; inflation, currency and interest rate fluctuations; changes in fuel prices; legislative and/or regulatory developments; compliance with environmental laws and regulations; actions by regulators; the adverse impact of any termination or revocation by the Mexican government of KCS de México, S.A. de C.V.’s Concession; increases in maintenance and operating costs; security threats; reliance on technology and related cybersecurity risk; trade restrictions or other changes to international trade arrangements; transportation of hazardous materials; various events which could disrupt operations, including illegal blockades of rail networks, and natural events such as severe weather, droughts, fires, floods and earthquakes; climate change; labor negotiations and disruptions; environmental claims; uncertainties of investigations, proceedings or other types of claims and litigation; risks and liabilities arising from derailments; timing and completion of capital programs; and other risks detailed from time to time in reports filed by CN with securities regulators in Canada and the United States. Reference should also be made to Management’s Discussion and Analysis in CN’s annual and interim reports, Annual Information Form and Form 40-F, filed with Canadian and U.S. securities regulators and available on CN’s website, for a description of major risk factors relating to CN. Additional risks that may affect KCS’ results of operations appear in Part I, Item 1A “Risks Related to KCS’ Operations and Business” of KCS’ Annual Report on Form 10-K for the year ended December 31, 2020, and in KCS’ other filings with the U.S. Securities and Exchange Commission (“SEC”).

Forward-looking statements reflect information as of the date on which they are made. CN and KCS assume no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN or KCS does update any forward-looking statement, no inference should be made that CN or KCS will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

No Offer or Solicitation

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Additional Information and Where to Find It

In connection with the proposed transaction, CN has filed with the SEC a registration statement on Form F-4 to register the shares to be issued in connection with the proposed transaction, and the registration statement has been declared effective. CN has filed with the SEC its prospectus and KCS has filed with the SEC its definitive proxy statement in connection with the proposed transaction, and the KCS proxy statement is being sent to the stockholders of KCS seeking their approval of the merger-related proposals. This news release is not a substitute for the registration statement, the prospectus, the proxy statement or other documents CN and/or KCS may file with the SEC or applicable securities regulators in Canada in connection with the proposed transaction.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROSPECTUS, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC OR APPLICABLE SECURITIES REGULATORS IN CANADA CAREFULLY IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION ABOUT CN, KCS AND THE PROPOSED TRANSACTION. Investors and security holders may obtain copies of these documents (if and when available) and other documents filed with the SEC and applicable securities regulators in Canada by CN free of charge through at www.sec.gov and www.sedar.com. Copies of the documents filed by CN (if and when available) will also be made available free of charge by accessing CN’s website at www.CN.ca. Copies of the documents filed by KCS (if and when available) will also be made available free of charge at www.investors.kcsouthern.com, upon written request delivered to KCS at 427 West 12th Street, Kansas City, Missouri 64105, Attention: Corporate Secretary, or by calling KCS’ Corporate Secretary’s Office by telephone at 1-888-800-3690 or by email at [email protected].

Participants

This news release is neither a solicitation of a proxy nor a substitute for the registration statement, the prospectus, the proxy statement or other filings that may be made with the SEC and applicable securities regulators in Canada. Nonetheless, CN, KCS, and certain of their directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about CN’s executive officers and directors is available in its 2021 Management Information Circular, dated March 9, 2021, as well as its 2020 Annual Report on Form 40-F filed with the SEC on February 1, 2021, in each case available on its website at www.CN.ca/investors/ and at www.sec.gov and www.sedar.com. Information about KCS’ directors and executive officers may be found on its website at www.kcsouthern.com and in its 2020 Annual Report on Form 10-K filed with the SEC on January 29, 2021, available at www.investors.kcsouthern.com and www.sec.gov. Additional information regarding the interests of such potential participants is or may be included in the registration statement, the prospectus, the proxy statement or other documents filed with the SEC and applicable securities regulators in Canada if and when they become available. These documents (if and when available) may be obtained free of charge from the SEC’s website at www.sec.gov and from www.sedar.com, as applicable.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005450/en/

Media: CN

Canada

Mathieu Gaudreault

CN Media Relations & Public Affairs

(514) 249-4735

[email protected]

Longview Communications & Public Affairs

Martin Cej

(403) 512-5730

[email protected]

United States

Brunswick Group

Jonathan Doorley / Rebecca Kral

(917) 459-0419 / (917) 818-9002

[email protected]

[email protected]

Media: KCS

C. Doniele Carlson

KCS Corporate Communications & Community Affairs

(816) 983-1372

[email protected]

Joele Frank, Wilkinson Brimmer Katcher

Tim Lynch / Ed Trissel

(212) 355-4449

Investment Community: CN

Paul Butcher

Vice-President

Investor Relations

(514) 399-0052

[email protected]

Investment Community: KCS

Ashley Thorne

Vice President

Investor Relations

(816) 983-1530

[email protected]

MacKenzie Partners, Inc.

Dan Burch / Laurie Connell

(212) 929-5748 / (212) 378-7071

[email protected]

[email protected]

KEYWORDS: Missouri United States North America Canada

INDUSTRY KEYWORDS: Trucking Rail Maritime Transport

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