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PPG Extends Tender Offer Period for Tikkurila

PPG Extends Tender Offer Period for Tikkurila

PITTSBURGH–(BUSINESS WIRE)–
PPG (NYSE:PPG) today announced that it is extending the tender offer period for all issued and outstanding shares of Tikkurila Oyj (NASDAQ OMX:TIK1V) to April 14, 2021. The tender offer period, which commenced on January 15, 2021, was scheduled to expire on March 30, 2021.

As previously announced, the European Commission and the Ministry of Economic Affairs and Employment of Finland each have granted approval of the tender offer. The European Commission’s merger control approval applies without conditions across the European Union, including Poland. The offer remains subject to the receipt of other regulatory approvals outside of the European Union, which PPG anticipates receiving within this extended period, and to additional customary conditions to completion, including the valid tender of shares representing, together with shares otherwise held by PPG and its subsidiaries, more than 66.7% of the outstanding shares.

PPG will provide additional updates on or shortly after the extended tender offer period expires on April 14, 2021, and expects to close the acquisition shortly thereafter.

Additional details about the extension of the tender offer are contained in the attached Nasdaq Helsinki stock exchange release.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

Tikkurila:

Tikkurila was established in 1862, and is headquartered in Vantaa, Finland. Tikkurila operates in eleven countries and its 2,700 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. The company is a leading producer and distributor of decorative paint and coatings with more than 80% of its revenue coming from Finland, Sweden, Russia, Poland, and the Baltic states. Its premium brands include Tikkurila, ALCRO, and Beckers. In addition, Tikkurila’s industrial paint business participates in the wood and protective coatings end-use segments, among others. The company employs approximately 2,700 people globally and reported sales of approximately EUR 582 million in 2020.

Forward-Looking Statements

The forward-looking statements contained herein include statements relating to the timing of and expected benefits of the Tikkurila acquisition. Actual events may differ materially from current expectations and are subject to a number of risks and uncertainties, including the satisfaction of the conditions of the acquisition and other risks related to completion of the acquisition and actions related thereto; the parties’ ability to complete the acquisition on the anticipated terms and schedule, including the ability to obtain regulatory approvals; the ability of PPG to achieve the expected benefits of the acquisition; and the other risks and uncertainties discussed in PPG’s periodic reports on Form 10-K and Form 10-Q and its current reports on Form 8-K filed with the Securities and Exchange Commission.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

Nasdaq Helsinki Oy

Announcement from the exchange

PPG Industries, Inc. extends the offer period for the public cash tender offer for all the shares in Tikkurila Oyj

PPG Industries, Inc. extends the offer period for the public cash tender offer for all the shares in Tikkurila Oyj

PPG INDUSTRIES, INC.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

PPG Industries, Inc. (“PPG” or the “Offeror”), a corporation incorporated under the laws of Pennsylvania, and Tikkurila Oyj (“Tikkurila” or the “Company”) announced on 18 December 2020 entry into a combination agreement, which was amended on 5 January 2021 and on 4 February 2021, pursuant to which the Offeror is making a voluntary recommended public cash tender offer for all the issued and outstanding shares in the Company (the “Shares”, or individually a “Share”), that are not held by the Company or any of its subsidiaries (the “Tender Offer”). The offer period under the Tender Offer commenced on 15 January 2021 and its current expiry date is 30 March 2021.

As set out in the terms and conditions of the Tender Offer, one of the conditions for the completion of the Tender Offer is the receipt of necessary approvals from competition and other regulatory authorities. As previously announced, both the European Commission and the Ministry of Economic Affairs and Employment of Finland have granted approval of the Tender Offer. However, as certain competition authority approval processes still remain pending and are not expected to be completed within the extended offer period, the Offeror has decided to further extend the offer period for the Tender Offer to expire on 14 April 2021, at 4:00 p.m. (Finnish time), unless the offer period is extended further or any extended offer period is discontinued in accordance with the terms and conditions of the Tender Offer.

PPG anticipates receiving the remaining competition approvals within the extended offer period.

PPG will provide additional updates on or shortly after the extended offer period expires on 14 April 2021 and expects to close the acquisition shortly thereafter.

Shareholders who have already tendered their Shares in the Tender Offer do not have to re-tender their Shares or take any other action as a result of the extension of the offer period.

The Offeror will supplement the tender offer document to reflect the information contained in this release (as applicable) and will publish such supplement document once it has been approved by the Finnish Financial Supervisory Authority.

Advisers

The Offeror has appointed PJT Partners LP as financial adviser and Wachtell, Lipton, Rosen & Katz and DLA Piper Finland Attorneys Ltd. as legal advisers in connection with the Tender Offer. The Offeror has appointed Danske Bank A/S, Finland Branch as the arranger of the Tender Offer and D.F. King Ltd and D.F. King Co., Inc. as the information agents in connection with the Tender Offer. Tikkurila has appointed Skandinaviska Enskilda Banken AB (publ), Helsinki branch as financial adviser and Hannes Snellman Attorneys Ltd as legal adviser in connection with the Tender Offer.

DISTRIBUTION

Nasdaq Helsinki Ltd

Main news media

Investor relations contacts:

John Bruno

Investor Relations

+1-412-434-3466

[email protected]

investor.ppg.com

About PPG

The Offeror manufactures and distributes a broad range of paints, coatings and specialty materials. The Offeror was incorporated in Pennsylvania in 1883. The Offeror’s vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. The Offeror has a proud heritage and demonstrated commitment to innovation, sustainability, community engagement and developing leading-edge paint, coatings and specialty materials technologies. Through dedication and industry-leading expertise, the Offeror solves its customers’ biggest challenges, collaborating closely to find the right path forward. The Offeror is a global leader, serving customers in construction, consumer products, industrial and transportation markets and aftermarkets with manufacturing facilities and equity affiliates in more than seventy (70) countries. It has approximately forty-seven thousand (47,000) employees. Further information about the Offeror may be found from the following website www.ppg.com.

About Tikkurila

Tikkurila offers decorative paints for consumers and professionals for surface protection and decoration. In addition, the Company produces paints and coatings for the metal and wood industries.

Tikkurila’s business highlights high-quality and long-term product development and considerable marketing investments. The Company’s brands include, among others, Tikkurila, Beckers, Alcro, Teks, and Vivacolor. Tikkurila uses the Beckers brand only in its decorative paints in Scandinavian countries as well as in some parts of Eastern Europe under a license from Aktiebolaget Wilh. Becker, obtained in conjunction with its acquisition of Alcro-Beckers AB in 2001. Important factors in the Company’s operations include a functioning and extensive distribution network, diverse services and an efficient supply chain. Tikkurila has seven (7) production facilities in six (6) countries and around two thousand seven hundred (2,700) employees. Tikkurila’s products are available in more than forty (40) countries. Further information about Tikkurila may be found from the following website www.tikkurilagroup.fi.

IMPORTANT INFORMATION

THIS RELEASE MAY NOT BE RELEASED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.

THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN OFFER OR INVITATION TO MAKE A SALES OFFER. IN PARTICULAR, THIS RELEASE IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES DESCRIBED HEREIN, AND IS NOT AN EXTENSION OF THE TENDER OFFER, IN, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA. INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT OR SUPPLEMENT DOCUMENT. THE TENDER OFFER IS NOT BEING MADE, AND THE SHARES WILL NOT BE ACCEPTED FOR PURCHASE FROM OR ON BEHALF OF PERSONS, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR ACCEPTANCE THEREOF IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE UNDERTAKEN IN FINLAND.

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW AND THE TENDER OFFER DOCUMENT AND SUPPLEMENT DOCUMENT AND RELATED ACCEPTANCE FORMS WILL NOT AND MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAWS OR REGULATIONS. IN PARTICULAR, THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO, BY USE OF THE POSTAL SERVICE OF, OR BY ANY MEANS OR INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, E-MAIL, FACSIMILE TRANSMISSION, TELEX, TELEPHONE OR ELECTRONIC TRANSMISSION BY WAY OF THE INTERNET OR OTHERWISE) OF INTERSTATE OR FOREIGN COMMERCE OF, OR THROUGH ANY FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA. THE TENDER OFFER CANNOT BE ACCEPTED, DIRECTLY OR INDIRECTLY, BY ANY SUCH USE, MEANS OR INSTRUMENTALITY OR FROM WITHIN, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA AND ANY PURPORTED ACCEPTANCE OF THE TENDER OFFER RESULTING DIRECTLY OR INDIRECTLY FROM A VIOLATION OF THESE RESTRICTIONS WILL BE INVALID.

THIS RELEASE HAS BEEN PREPARED IN COMPLIANCE WITH FINNISH LAW, THE RULES OF NASDAQ HELSINKI AND THE HELSINKI TAKEOVER CODE AND THE INFORMATION DISCLOSED MAY NOT BE THE SAME AS THAT WHICH WOULD HAVE BEEN DISCLOSED IF THIS ANNOUNCEMENT HAD BEEN PREPARED IN ACCORDANCE WITH THE LAWS OF JURISDICTIONS OUTSIDE OF FINLAND.

Information for shareholders of Tikkurila in the United States

Shareholders of Tikkurila in the United States are advised that the Shares are not listed on a U.S. securities exchange and that Tikkurila is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is not required to, and does not, file any reports with the U.S. Securities and Exchange Commission (the “SEC”) thereunder.

The Tender Offer is being made for the issued and outstanding shares of Tikkurila, which is domiciled in Finland, and is subject to Finnish disclosure and procedural requirements. The Tender Offer is being made in the United States pursuant to Section 14(e) and Regulation 14E under the Exchange Act, subject to exemptions provided by Rule 14d-1(d) under the Exchange Act for a “Tier II” tender offer, and otherwise in accordance with the disclosure and procedural requirements of Finnish law, including with respect to the Tender Offer timetable, settlement procedures, withdrawal, waiver of conditions and timing of payments, which are different from those of the United States. In particular, the financial information, if any, included in this announcement has been prepared in accordance with applicable accounting standards in Finland, which may not be comparable to the financial statements or financial information of U.S. companies. The Tender Offer is being made to the Company’s shareholders resident in the United States on the same terms and conditions as those that are being made to all other shareholders of the Company to whom an offer is being made.

To the extent permissible under applicable law or regulations, the Offeror and its affiliates or its brokers and its brokers’ affiliates (acting as agents for the Offeror or its affiliates, as applicable) may from time to time after the date of the stock exchange release regarding the Tender Offer on 18 December, 2020 and during the pendency of the Tender Offer, and other than pursuant to the Tender Offer, directly or indirectly, purchase or arrange to purchase the Shares or any securities that are convertible into, exchangeable for or exercisable for the Shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. To the extent information about such purchases or arrangements to purchase is made public in Finland, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of such information. No purchases will be made outside the Tender Offer in the United States by or on behalf of the Offeror. In addition, the financial advisers to the Offeror may also engage in ordinary course trading activities in securities of the Company, which may include purchases or arrangements to purchase such securities. To the extent required in Finland, any information about such purchases will be made public in Finland in the manner required by Finnish law.

Neither the SEC nor any U.S. state securities commission has approved or disapproved the Tender Offer, passed upon the merits or fairness of the Tender Offer, or passed any comment upon the adequacy, accuracy or completeness of the disclosure in this release. Any representation to the contrary is a criminal offence in the United States.

The receipt of cash pursuant to the Tender Offer by a U.S. holder of Shares may be a taxable transaction for U.S. federal income tax purposes and under applicable U.S. state and local, as well as foreign and other, tax laws. Each holder of Shares is urged to consult its independent professional adviser immediately regarding the tax consequences of accepting the Tender Offer.

It may be difficult for the Company’s shareholders to enforce their rights and any claims they may have arising under the U.S. federal securities laws, since the Company is located in a non-U.S. jurisdiction, and some or all of its officers and directors may be residents of non-U.S. jurisdictions. The Company’s shareholders may not be able to sue the Company or its officers or directors in a non-U.S. court for violations of the U.S. federal securities laws. It may be difficult to compel the Company and its affiliates to subject themselves to a U.S. court’s judgment.

Forward-looking statements

This release contains statements that, to the extent they are not historical facts, constitute “forward-looking statements”. Forward-looking statements include statements concerning plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, competitive strengths and weaknesses, plans or goals relating to financial position, future operations and development, business strategy and the trends in the industries and the political and legal environment and other information that is not historical information. In some instances, they can be identified by the use of forward-looking terminology, including the terms believes”, “intends”, “may”, “will” or “should” or, in each case, their negative or variations on comparable terminology. By their very nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. Given these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on such forward-looking statements. Any forward-looking statements contained herein speak only as at the date of this release.

Disclaimers

PJT Partners LP is acting exclusively for the Offeror and no one else in connection with the Tender Offer or the matters referred to in this document, will not regard any other person (whether or not a recipient of this document) as its client in relation to the Tender Offer and will not be responsible to anyone other than the Offeror for providing the protections afforded to its clients or for providing advice in relation to the Tender Offer or any other transaction or arrangement referred to in this document.

Skandinaviska Enskilda Banken AB (publ), Helsinki branch, is acting exclusively as the financial adviser for the Company and no one else in connection with the Tender Offer or the matters referred to in this document, will not regard any other person (whether or not a recipient of this document) than the Company as its client in relation to the Tender Offer and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in relation to the Tender Offer or any other transaction or arrangement referred to in this document.

Danske Bank A/S, Finland Branch, acting exclusively as an arranger in relation to the Tender Offer, will not regard any other person than the Offeror as its client in relation to the Tender Offer and will not be responsible to anyone other than the Offeror for providing the protections afforded to its clients nor for providing advice in relation to the Tender Offer or any other transaction or arrangement referred to in this document.

The Offeror has retained D.F. King & Co, Inc. and D.F. King Ltd (together “Information Agent”) to be the information agent in connection with the Tender Offer. The Information Agent may contact holders of Shares by mail, telephone, telecopy, telegraph and personal interview and may request banks, brokers, dealers and other nominees to forward materials relating to the Tender Offer to beneficial owners of Shares.

The Information Agent will receive reasonable and customary compensation for their respective services in connection with the Tender Offer, will be reimbursed for reasonable out-of-pocket expenses and will be indemnified against certain liabilities and expenses in connection therewith, including certain liabilities under local securities laws.

The Offeror will not pay any fees or commissions to any broker or dealer or to any other person (other than to the depositary and the Information Agent) in connection with the solicitation of tenders of Shares pursuant to the Tender Offer. In those jurisdictions where applicable laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer shall be deemed to be made on behalf of the Offeror by one or more registered brokers or dealers licensed under the laws of such jurisdiction.

CATEGORY Corporate

Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

[email protected]

Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

[email protected]

investor.ppg.com

KEYWORDS: Europe Finland United States North America Pennsylvania

INDUSTRY KEYWORDS: Home Goods Building Systems Residential Building & Real Estate Chemicals/Plastics Retail Commercial Building & Real Estate Construction & Property Manufacturing Other Automotive General Automotive Other Manufacturing Aftermarket Automotive Interior Design Architecture Other Construction & Property

MEDIA:

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DENSO Expands PowerEdge Diesel Aftertreatment Line

― PowerEdge DPFs and DOCs now cover nearly all Class 8 trucks ―

LONG BEACH, Calif., March 26, 2021 (GLOBE NEWSWIRE) — DENSO Products and Services Americas, Inc. (DPAM), an affiliate of leading global mobility supplier DENSO Corp., has expanded its PowerEdge brand of diesel particulate filters (DPFs) and diesel oxidation catalysts (DOCs) to cover nearly all 2007 and newer Class 8 trucks on the road today. Premium PowerEdge diesel aftertreatment products increase fuel efficiency while cutting emissions by trapping soot, a byproduct of diesel engines.

“These top-quality, competitively priced aftertreatment devices keep commercial trucks on the road, our economy moving and our world healthier,” said Joseph Mejaly, senior vice president of Operations, Sales, Strategic Planning and Marketing at DENSO Products and Services Americas. “Adding more part numbers to our PowerEdge line reflects our commitment to ensuring the heavy-duty market has the essential equipment needed to do all three.”

The expanded PowerEdge Diesel Aftertreatment line now features 70 DPFs offering more than 98% coverage of the market and 92 DOCs with more than 80% coverage for a total of 162 part numbers, nearly double the 2020 program. DPFs capture 85% of particulates from truck exhaust, and the capture rate is even higher when DPFs are used in combination with DOCs.

All PowerEdge DPFs and DOCs are designed and manufactured in the U.S. with genuine original-equipment grade materials sourced in the U.S. Also, all PowerEdge aftertreatment products are built with high-grade stainless-steel canisters that increase durability and resist corrosion better than the parts they are replacing and advanced filter coating and tough cordierite substrates that reduce active regeneration. This superior construction decreases backpressure for enhanced performance and increases fuel savings, thermal stability and efficiency. All units meet strict U.S. Environmental Protection Agency emissions control regulations.

All PowerEdge DPFs and DOCs for the heavy-duty market are backed by a three-year/unlimited mileage warranty. All units come with the gaskets, clamps or hardware required for true plug-and-play installation. DENSO covers the shipping costs when four or more units are shipped together.

DENSO’s PowerEdge program has also recently expanded its lines of starters and alternators for Class 8 trucks and now offers complete market coverage. Built to meet and exceed the increased electrical demands and emissions control requirements of today’s heavy-duty trucking industry, PowerEdge has established itself as the go-to program for the Class 8 truck aftermarket. For more information, visit www.PowerEdgeProducts.com.

About DENSO

DENSO is a $47.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today, including Toyota, Honda, FCA, GM, Ford, Volvo, and Mercedes-Benz. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.9 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2020. For more information, visit global DENSO.

In North America, DENSO employs 27,000+ engineers, researchers and skilled workers across 51 sites in the U.S., Canada and Mexico. In the United States alone, DENSO employs 17,700+ employees across 14 states (and the District of Columbia) and 41 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2020, DENSO in North America generated $10.9 billion in consolidated sales.

Join us, and craft not only how the world moves, but also your career. Learn more.

Contact: Dan Alf
DENSO Products and Services Americas Inc.
Phone: (562) 900-7353
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c8be8bb1-c418-4332-9ee7-f1afc7227957



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Biotage AB (publ) publishes its 2020 Annual Report, Corporate Governance Report and Remuneration Report

PR Newswire

UPPSALA, Sweden, March 26, 2021 /PRNewswire/ — Biotage’s 2020 Annual Report, Corporate Governance Report and Remuneration Report are as of today available at: www.biotage.com

This is information that Biotage AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 17.00 CET on March 26, 2021.

Contact persons:
Tomas Blomquist, CEO
Tel: 0705 23 01 63, [email protected]

Biotage AB
Box 8
SE-751 03 Uppsala
Tel:018 56 59 00 
www.biotage.com

About Biotage
solutions and products to customers in drug discovery and development, analytical testing and water and environmental testing.

Biotage is contributing to sustainable science with the goal to make the world healthier, greener and cleaner – HumanKind Unlimited.

Our customers span a broad range of market segments including pharmaceutical, biotech, contract research and contract manufacturers as well as clinical, forensic and academic laboratories in addition to organizations focused on food safety, clean water and environmental sustainability.

Biotage is headquartered in Uppsala in Sweden and employs approx. 485 people worldwide. The Group had sales of 1,092 MSEK in 2020 and our products are sold in more than 70 countries. Biotage’s share (BIOT) is listed in the Mid Cap segment on the NASDAQ Stockholm.
Website: www.biotage.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/biotage/r/biotage-ab–publ–publishes-its-2020-annual-report–corporate-governance-report-and-remuneration-rep,c3315306

The following files are available for download:


https://mb.cision.com/Main/705/3315306/1393529.pdf

The full report in Swedish (PDF)

Cision View original content:http://www.prnewswire.com/news-releases/biotage-ab-publ-publishes-its-2020-annual-report-corporate-governance-report-and-remuneration-report-301256834.html

SOURCE Biotage

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Integrated Media Technology Limited Announces Greifenberg Capital on Bloomberg Radio, New York

PR Newswire


SYDNEY and HONG KONG and NEW YORK, March 26, 2021 /PRNewswire/ — Integrated Media Technology Limited (“IMTE”) announces Greifenberg Capital Limited (“Greifenberg”), the recently formed financial research subsidiary of IMTE, made its first public appearance on March 25, 20218:08pmNew York time when Chief Exective Officer and Head of China macroeconomics and policy research at Grefenberg, Uwe Parpart (“Mr. Parpart”), was interviewed on the Daybreak Asia Bloomberg Radio show.

Here’s the link to the interview: https://www.bloomberg.com/news/audio/2021-03-26/uwe-parpart-on-the-markets-radio

Discussion and analysis on investment in China and global fixed income and currency markets featured in the Mr Parpart interview are the core competencies of our financial research unit.

About Integrated Media Technology Limited

IMTE is an Australian company engaged in the business of glasses-free 3D (also known as autostereoscopic 3D) display, the manufacture and sale of nano coated plates for filters, the sale of electronic glass and financial research.  For more information, please visit www.imtechltd.com.

Safe Harbor Statement

This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.”  These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/integrated-media-technology-limited-announces-greifenberg-capital-on-bloomberg-radio-new-york-301256824.html

SOURCE INTEGRATED MEDIA TECHNOLOGY LIMITED

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Waterproofing Businesses Unified With Beacon Branding

Waterproofing Businesses Unified With Beacon Branding

HERNDON, Va.–(BUSINESS WIRE)–Beacon (Nasdaq: BECN) (the “Company”) announced today that its five Waterproofing brands across the western U.S., including Hawaii, will now be named Beacon Waterproofing Products.

“We took the first step to update the branding of our 40 Exteriors brands a year ago and now are pleased to bring our Waterproofing businesses under the same Beacon Building Products umbrella,” said Beacon’s President and CEO, Julian Francis. “Waterproofing products are an important part of our residential and commercial customers’ requirements for new construction as well as replacement and remodeling work.”

“The contractor, consultant and architectural communities will now benefit from Beacon’s strength in providing technical solutions from the rooftop to the foundation – truly the full building envelope,” commented Nevin Holly, Beacon’s National Vice President, Waterproofing. “In addition, all of our Waterproofing products are now available on our industry-leading e-commerce platform, Beacon PRO+, so that customers can save time and increase their efficiency.”

The new name and logo will be adopted at over 20 Beacon Waterproofing Products branches, replacing Atlas Supply in Washington, Oregon and Idaho; Can-Do Supply in Hawaii; Lowry’s and SWS in California and Arizona; and ProCoat Systems in Colorado and Utah. Beacon also opened a new Waterproofing branch in Las Vegas, Nevada this month.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 90,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

INVESTORS

James Wilson

VP Finance & Treasurer

[email protected]

571-306-7501

MEDIA

Jennifer Lewis

VP, Communications and Corporate Social Responsibility

[email protected]

571-752-1048

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Other Construction & Property Construction & Property Other Manufacturing Manufacturing

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WestRock Announces Conference Call to Discuss Second Quarter Fiscal 2021 Results

WestRock Announces Conference Call to Discuss Second Quarter Fiscal 2021 Results

ATLANTA–(BUSINESS WIRE)–
WestRock Company (NYSE: WRK) today announced that it will host a conference call to discuss second quarter fiscal 2021 results, as well as other topics, on Wednesday, May 5, 2021, at 8:30 am ET. WestRock will release its second quarter fiscal 2021 results prior to market open on Wednesday, May 5, 2021.

The webcast of the call, along with the presentation, press release and other relevant financial and statistical information, will be accessible on the Investors section of WestRock’s website at ir.westrock.com. The webcast and presentation will also be archived on ir.westrock.com.

Investors who wish to participate in the webcast via teleconference should dial 833-714-0928 (inside the U.S.) or +1 778-560-2887 (outside the U.S.) at least 15 minutes prior to the start of the call and enter the passcode 8761675.

About WestRock

WestRock (NYSE: WRK) partners with our customers to provide differentiated, sustainable paper and packaging solutions that help them win in the marketplace. WestRock’s team members support customers around the world from locations spanning North America, South America, Europe, Asia and Australia. Learn more at www.westrock.com.

Investors:

James Armstrong, 470-328-6327

Vice President, Investor Relations

[email protected]

Media:

Courtney James, 470-328-6397

Senior Manager, Corporate Communications and Public Relations

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Natural Resources Manufacturing Other Manufacturing Packaging Forest Products

MEDIA:

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Nordic Nanovector ASA – allocation of PSUs

PR Newswire

OSLO, Norway, March 26, 2021 /PRNewswire/ — The Board of Directors of Nordic Nanovector ASA (“Nordic Nanovector” or the “Company”) has on 26 March 2021 decided to grant 1,070,000 Performance Share Units (“PSUs”) to employees in accordance with the authorisation granted at the Annual General Meeting held on 10 June 2020 (the “AGM”).

The terms and conditions of the PSUs, which are part of the Company’s long-term incentive plan for employees, are described on pages 27-30 in the Company’s annual report for 2019.

The PSUs are granted without consideration. The PSUs are non-transferable and will vest three years after the date of grant subject to satisfaction of the applicable vesting conditions. Each vested PSU will give the holder the right to acquire one share in the Company at an exercise price corresponding to the par value of the shares being NOK 0.20.

In accordance with the resolution at the AGM, the PSUs are secured by a corresponding number of free-standing warrants. The sole purpose of the warrants is to ensure delivery of shares in the Company upon exercise of the PSUs. The warrants do not give the PSU holders (or the option holders) a right to subscribe for any additional shares in the Company.

Of the 1,070,000 allocated PSUs, 455,000 PSUs have been granted to members of the Company’s executive management. Peter Braun has been granted 350,000 PSUs. 20,000 PSUs have been granted to new employees and 245,000 PSUs have been granted to other current employees.

The following primary insiders were granted PSUs on 26 March 2021:

Peter Braun new CEO was granted 350,000 PSUs to be delivered when joining Nordic Nanovector. Peter Braun will hold 350,000 PSUs and 0 shares

Lars Nieba, interim CEO was granted 90,000 PSUs. Lars Nieba now holds 200,000 PSUs and 15,713 shares

Malene Brondberg, CFO was granted 90,000 PSUs. Malene Brondberg now holds 155,000 PSUs and 21,196 shares

Jostein Dahle, CSO was granted 45,000 PSUs. Jostein Dahle now holds 110,000 PSUs, 150,000 options and 204,958 shares including shares to related party

Marco Renoldi, COO was granted 45,000 PSUs. Marco Renoldi now holds 115,000 PSUs, 464,137 options and 92,888 shares

Rosemarie Corrigan, CQO was granted 45,000 PSUs. Rosemarie Corrigan now holds 110,000 PSUs and 2,436 shares

Gabriele Elbl, VP Global Regulatory Affairs was granted 45,000 PSUs. Gabriele Elbl now holds 95,000 PSUs and 0 shares

Christine Wilkinson Blanc, CMO was granted 95,000 PSUs. Christine Wilkinson Blanc now holds 95,000 PSUs, and 0 shares.

Fredrik Haavind, Head of Legal & Compliance was granted 25,000 PSUs. Fredrik Haavind now holds 50,000 PSUs, and 0 shares.

The PSUs allocated to the management of the Company is in accordance with the Board of Director’s declaration on salaries and other remuneration to the senior executive management, as approved by the Company’s AGM.

The total number of outstanding options and PSUs are now 1,344,467 and 1,744,500 respectively. Subject to all vesting conditions being fulfilled exercise of the options and PSUs would create a 3,14% dilution of the outstanding shares on a fully diluted basis.

Primary insider notifications pursuant to the Market Abuse Regulation article 19 are attached.

For further information, please contact:

Jan H. Egberts, Chairman

Cell: +31 6 1467 2518

Email: [email protected]

About Nordic Nanovector:

Nordic Nanovector is committed to develop and deliver innovative therapies to patients to address major unmet medical needs and advance cancer care. The Company aspires to become a leader in the development of targeted therapies for haematological cancers. Nordic Nanovector’s lead clinical-stage candidate is Betalutin®, a novel CD37-targeting antibody-radionuclide-conjugate designed to advance the treatment of non-Hodgkin’s lymphoma (NHL). NHL is an indication with substantial unmet medical need, representing a growing market forecast to be worth nearly USD 26 billion by 2028. Nordic Nanovector retains global marketing rights to Betalutin® and intends to actively participate in the commercialisation of Betalutin® in the US and other major markets.

Further information can be found at www.nordicnanovector.com.

This information is subject to a duty of disclosure pursuant to the Market Abuse Regulation article 19 and 5-12 of the Securities Trading Act.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nordic-nanovector/r/nordic-nanovector-asa—allocation-of-psus,c3315337

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SOURCE Nordic Nanovector

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AT&T And WarnerMedia Announce $7M Commitment To Combat And Confront Anti-Asian Hate

Launches Multi-platform Campaign to Raise Awareness and Offer Opportunities for the Public to Get Involved with Text-To-Donate Message

PR Newswire

LOS ANGELES, March 26, 2021 /PRNewswire/ — In support of #StopAsianHate – A Day of Action, a national day of mourning and remembrance of the lives lost and impacted by racism and hatred, AT&T and WarnerMedia are committing $7 million in contributions to help the fight for social justice. This includes a multi-platform campaign to raise awareness around the escalating violence towards the AAPI community and to give the public an opportunity to show their support and stand in solidarity. This campaign continues the company’s ongoing commitment in response to racial and social injustice.

The campaign, which includes four public service announcements (PSAs) focused on our ongoing commitment to empowering the AAPI community and aim to educate, inform and inspire others to take action. They include talent and executives from WarnerMedia and AT&T such as: Amara Walker (correspondent, CNN), Anne Chow (CEO, AT&T Business), Jon M. Chu (director, IN THE HEIGHTS, CRAZY RICH ASIANS), Jim Lee (Chief Creative Officer and Publisher, DC), Lisa Ling (correspondent, CNN), Ludi Lin (MORTAL KOMBAT), Olivia Cheng (WARRIOR), Olivia Liang(KUNG FU), and Tzi Ma (KUNG FU). Additionally, Jamie Chung (LOVECRAFT COUNTRY) is taking over HBO Max’s social channels, where she will share her experiences as a member of the AAPI community, talk about how her heritage influences her work, and share information on resources and how to take action.

At the end of each PSA, viewers will be given the opportunity to make a $10 donation: text “AAPI” to 20222 to support Asian American Chamber of Commerce, to assist Asian American businesses suffering from the COVID-19 pandemic; and text “AAJC” to 20222 to support Asian Americans Advancing Justice | AAJC, an organization advocating for the civil and human rights of Asian Americans. The PSAs will be shared throughout the day and, for several months thereafter, via the company’s cable, digital, streaming and social platforms such as Turner (TBS, TNT, truTV), HBO, CNN, Xandr, Rooster Teeth, Crunchyroll, and AT&T TV / DirecTV, as well as WarnerMedia’s Instagram, Twitter, Facebook, LinkedIn, and YouTube channels.

These additions follow ongoing commitments we have previously made to Asian Americans Advancing Justice | AAJC, AsianAmerican Legal Defense and Education Fund, Center for Asian American Media, and theAtlanta affiliate of Asian Americans Advancing Justice’s victims’ fund. Employee contributions to these organizations supporting the AAPI community nationwide, and in some cases other valid charities, will also have their donation matched by WarnerMedia and AT&T up to $1K per eligible employee.

Internationally, AT&T and WarnerMedia are donating to Southeast and East Asian Centre (SEEAC) in the U.K., European Network Against Racism, and Australians Against Racism.

“Hate and discrimination have no place in our society. I am saddened by the recent incidents and my heart goes out to the AAPI community,” said Corey Anthony, Senior Vice President – Chief Diversity and Development Officer. “AT&T has a responsibility to address equality issues that impact our employees and the communities we serve. We will continue to work on meeting the needs of those affected.”

“As a company, WarnerMedia unequivocally stands with the AAPI community and all marginalized communities. We acknowledge that racism and sexism often provide the foundation for hatred, inequality and violence—and these are systemic issues we must all fight,” said Christy Haubegger, WarnerMedia’s EVP Communications and Chief Inclusion Officer. “We are creators and thinkers, and we understand our responsibility to help foster greater understanding and awareness, in both the content we create, and through our words and actions.”

For more information on ways to support, visit the AT&T AAPI Stand for Equality website att.com/StopAsianHate. 

About WarnerMedia
WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content from a diverse array of talented storytellers and journalists to global audiences through its consumer brands including: HBO, HBO Now, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and others.

About AT&T Communications
We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives. AT&T Communications is part of AT&T Inc. (NYSE:T). For more information, please visit us at att.com.

 

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SOURCE AT&T Communications

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Save Max gift to support expanding care at Trillium Health Partners

$2.5 million pledge to fund the hospital redevelopment and benefit new moms

MISSISSAUGA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) — Save Max Group of Companies is pleased to announce a generous pledge of $2.5 million dollars in support of Trillium Health Partners’ (THP). The gift will help support the redevelopment and expansion of THP’s Mississauga Hospital and will also provide essentials to help ensure the best possible start for babies born at all THP hospital sites. THP is committed to building a new kind of health care for a healthier community, just as Save Max gives back generously to strengthen the communities they serve.

The hospital is thrilled to partner with Save Max to contribute to the much-needed redevelopment of the Mississauga Hospital and to support the parents of the more than 8,000 babies born at THP every year. “To continue delivering exceptional health care we rely on the generosity of donors like Save Max, who see the important role health care plays in caring for our community, especially for those just starting their life journeys,” said Caroline Riseboro, president and CEO, Trillium Health Partners Foundation.

Save Max believes in a meaningful and personalized approach to charitable giving so, in addition to the financial contribution, Save Max will also present a gift basket to all new parents of infants born at THP. The gift baskets will contain necessities including a blanket, bib, socks, onesies, non-scratch mittens, and more to ensure a warm welcome for each baby, as well as mom and dad.

The inspiration behind this partnership comes from Save Max CEO Raman Dua: he and his wife, Nidhi, are expecting their third baby shortly. Raman wanted to mark the occasion with a warm gesture to welcome his baby, which made him think that all babies at THP should enjoy a special gift. That way he could bring smiles to all newborns and their families. This is just one of the many ways Raman has contributed to the betterment of the local community.

During the beginning of the pandemic, the Save Max team partnered with a local start-up to deliver essentials like groceries, medicine and pet food to individuals unable to safely leave their homes. Save Max also donated money to hospitals including THP, and various food banks to aid in their pandemic response efforts. Save Max even organized their own food drive, serving approximately 500 quarantined families.

Save Max also believes in investing in the community’s infrastructure. The company bought the naming rights for the Brampton Soccer Centre in later October of 2020, which is now known as the Save Max Sports Centre. The company is responsible for maintaining the facility, a big benefit to society as it reduces the burden on taxpayers.

“We have always envisioned a more perfect society, and we are trying to create the same in the real estate world. But we also try and seek to gain the same perfection in the health sector, which plays a vital role to the society. Trillium Health Partners has been an excellent hospital for providing the best health care solutions. I hope this partnership goes beyond this project and that we can come up with better solutions to society in terms of both health care and real estate,” said Raman Dua, President and CEO, Save Max Group of Companies.

To learn more about Save Max, please visit www.savemax.ca or call 905.459.7900 and to donate to the Save Max Campaign in support of Trillium Health Partners, please make your donation here: https://www.justgiving.com/campaign/SaveMax                   


About Save Max Group of Companies:


Save Max Real Estate is one of the fastest growing brokerages and opened its first real estate office in Brampton in 2010. From making history in the field of real estate by achieving $100 million sales volume within 16 months of inception to achieving $5 billion sales volume and 9,000 transactions to date, Save Max has always strived to stay true to its beliefs to deliver an exceptional real estate experience to all its valued clients.

Save Max has had the opportunity to serve its clients and provide incomparable real estate services for past 10 years with a strong & Professional Team of 375+ Realtors® and will keep doing the same in the future. Save Max will have 36 Operational franchisees in Ontario, Alberta and working towards expanding its base in British Columbia & Prince Edward Island.

About Trillium Health Partners

Trillium Health Partners is one of the largest community-based hospital systems in Canada. Comprised of Credit Valley Hospital, Mississauga Hospital and Queensway Health Centre, Trillium Health Partners serves the growing and diverse populations of Mississauga, west Toronto and surrounding communities. Trillium Health Partners is a teaching hospital affiliated with the University of Toronto and is an associate member of the Toronto Academic Health Science Network.

About Trillium Health Partners Foundation

Trillium Health Partners Foundation is dedicated to raising the critical funds needed to address the highest-priority needs of Trillium Health Partners, one of the largest community-based acute care facilities in Canada.



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Resolutions of the Annual Shareholders’ Meeting of Sartorius AG

PR Newswire

GÖTTINGEN, Germany, March 26, 2021/PRNewswire/ — At today’s virtual Annual General Shareholders’ Meeting, shareholders granted discharge to the Executive Board and the Supervisory Board and approved the boards’ proposals by a large majority. They passed the resolution to pay dividends of 0.71 euros per preference share and 0.70 euros per ordinary share. The total amount disbursed will be 48.2 million euros. Prior-year dividends were 0.36 euros per preference share and 0.35 euros per ordinary share.

Sartorius Logo

This press release contains forward-looking statements about the future development of the Sartorius Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius assumes no liability for updating such statements in light of new information or future events. This is a translation of the original German-language earnings release. Sartorius shall not assume any liability for the correctness of this translation. The original German earnings release is the legally binding version.

Presentation and further information on the 2021 Annual General Shareholders’ Meeting

https://www.sartorius.com/shareholders-meeting

Current image files

https://www.sartorius.com/en/company/newsroom/downloads-publications


Financial calendar

April 21, 2021                     

Publication of first-quarter figures (January to March 2021) 

July 21, 2021                       

Publication of the first-half figures (January to June 2021)

October 20, 2021               

Publication of nine-month figures (January to September 2021)

 

A profile of Sartorius

The Sartorius Group is a leading international partner of life science research and the biopharmaceutical industry. With innovative laboratory instruments and consumables, the Group’s Lab Products & Services Division concentrates on serving the needs of laboratories performing research and quality control at pharma and biopharma companies and those of academic research institutes. The Bioprocess Solutions Division with its broad product portfolio focusing on single-use solutions helps customers to manufacture biotech medications and vaccines safely and efficiently. The Group has been annually growing by double digits on average and has been regularly expanding its portfolio by acquisitions complementary technologies. In fiscal 2020, the company earned sales revenue of some 2.34 billion euros. At the end of 2020, nearly 11,000 people were employed at the Group’s approximately 60 manufacturing and sales sites, serving customers around the globe.

Contact

Petra Kirchhoff

Head of Corporate Communications and Investor Relations
+49 (0)551.308.1686
[email protected]   
https://www.sartorius.com/en

Follow Sartorius on Twitter @Sartorius_Group and on LinkedIn.

 

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SOURCE Sartorius AG