Posts

Posted on

CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for January

CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for January

PHILADELPHIA–(BUSINESS WIRE)–
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared a monthly distribution of $0.05 per share for the month of January 2021. The following dates apply:

 

Declaration Date

Ex-Dividend Date

Record Date

Payable Date

January 2021

01-04-2021

01-19-2021

01-20-2021

01-29-2021

IGR’s current annualized distribution rate is 8.9% based on the closing market price of $6.71 on January 5, 2021, and 7.6% based on a closing NAV of $7.94 as of the same date.

Future earnings of the Fund cannot be guaranteed, and the Fund’s distribution policy is subject to change. For more information on the Fund, please visit www.cbreclarion.com.

The Fund’s monthly distribution is set by its Board of Trustees. The Board reviews the Fund’s distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the Fund’s net investment income and net realized capital gains during the year.

CBRE Clarion Global Real Estate Income Fund is a closed-end fund, which is traded on the New York Stock Exchange and invests primarily in real estate securities. Holdings are subject to change. Past performance is no guarantee of future results.

For the current fiscal year (January 1, 2021 to January 31, 2021), the Fund has made or declared one (1) regular monthly distribution totaling $0.05 per share. The source of the distribution declared for the current month and fiscal year to date is estimated as follows:

Estimated Source of Distributions:

 

Estimated Allocations

Distribution

 

 

Net Investment Income

 

Net Realized Short-Term Capital Gains

 

Net Realized Long-Term Capital Gains

 

Return of Capital

Current

 

 

$0.05

 

 

$0.018 (37%)

 

— (0%)

 

— (0%)

 

$0.032 (63%)

YTD

 

 

$0.05

 

 

$0.018 (37%)

 

— (0%)

 

— (0%)

 

$0.032 (63%)

The allocations reported in this notice are only estimates and are not provided for tax reporting purposes. The actual allocations will depend on the Fund’s investment experience during the remainder of its fiscal year and will not be finalized until after year-end. In addition, the allocations reported to shareholders for tax reporting purposes will also reflect adjustments required under applicable tax regulations. Some of these tax adjustments are significant, and amounts reported to you for tax reporting may be substantially different than those presented in this notice. SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.

The estimated allocations presented above are based on the Fund’s monthly calculation of its year-to-date net investment income, capital gains and returns of capital. The Fund’s investment income is mainly comprised of distributions received from the real estate investment trusts (REITs) and other companies in which it invests. “Net investment income” refers to the Fund’s investment income offset by its expenditures, which include the fees paid to the investment adviser and other service providers. “Net realized capital gains” represents the aggregation of the capital gains and losses realized by the Fund from its purchase and sale of investment securities during the year-to-date period. Short-term capital gains are those arising from the sale of securities held by the Fund for less than one year. Long-term capital gains are those arising from the sale of securities held by the Fund for a year or more. The amount of net realized capital gains is also offset by capital losses realized in prior years. Adjustments to net investment income are made based on the character of distributions received by the Fund. A portion of the distributions the Fund receives from REITs will be characterized by the REITs as capital gains or returns of capital. Because REITs often reclassify the distributions they make, the Fund does not know the ultimate character of these distributions at the time they are received, so the Fund estimates the character based on historical information. The Fund’s net investment income is reduced by the amounts characterized by the REITs as capital gains and returns of capital. Amounts characterized by the REITs as capital gains are added to the Fund’s net realized capital gains. Amounts characterized by the REITs as return of capital are classified as such by the Fund.

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy. The performance and distribution rate information disclosed in the table below is based on the Fund’s net asset value (“NAV”). The Fund’s NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total value of its liabilities. Performance figures are not meant to represent individual shareholder performance. The value of a shareholder’s investment in the Fund is determined by the market price of the Fund’s shares.

The Fund’s Cumulative Total Return for fiscal year 2020 (January 1, 2020 through December 31, 2020) is set forth below. Shareholders should take note of the relationship between the Cumulative Total Return and the Fund’s Cumulative Distribution Rate for 2020, as well as its Current Annualized Distribution Rate. Moreover, the Fund’s Average Annual Total Return for the preceding five-year period (January 1, 2016 through December 31, 2020) is set forth below. Shareholders should take note of the relationship between the Fund’s Average Annual Total Return and its Average Annual Distribution Rate for the preceding five-year period.

Fund Performance and Distribution Rate Information:

Full Year 01/01/2020 to 12/31/2020

Cumulative Total Return1

-0.60%

Cumulative Distribution Rate2

7.40%

Preceding Five-Year Period 01/01/2016 to 12/31/2020

Average Annual Total Return3

5.74%

Average Annual Distribution Rate4

7.11%

Current Annualized Distribution Rate5

7.40%

  1. Cumulative Total Return is the percentage change in the Fund’s NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
  2. Cumulative Distribution Rate for fiscal year 2020 (January 1, 2020 through December 31, 2020) is determined by dividing the dollar value of distributions in the period by the Fund’s NAV as of December 31, 2020.
  3. Average Annual Total Return represents the simple arithmetic average of the Annual Total Returns of the Fund for the preceding five-year period. Annual Total Return is the percentage change in the Fund’s NAV over a year including distributions paid and assuming reinvestment of those distributions.
  4. Average Annual Distribution Rate is the simple arithmetic average of the Annual Distribution Rates for the preceding five-year period. The Annual Distribution Rates are calculated by taking the total distributions paid during the period divided by average daily NAV for the period.
  5. The Current Annualized Distribution Rate is the current monthly distribution rate annualized as a percentage of the Fund’s NAV as of December 31, 2020.

Please refer to the chart below for information about the Fund’s historical NAVs, change in NAVs, total returns, and distributions paid.

 

Average Daily NAV for Period

End of Period NAV Per Share

Change in NAV

Annualized Total Returns

Distribution Rate4

Level Distributions Paid

Special Distributions Paid

Total Distributions Paid

IPO

 

$15.00

 

 

 

 

 

 

20041

$14.39

$17.46

16.40%

28.20%

5.77%

$0.75

$0.08

$0.83

2005

$16.81

$17.23

-1.32%

8.13%

8.75%

$1.29

$0.18

$1.47

2006

$20.27

$22.78

32.21%

53.42%

16.13%

$1.38

$1.89

$3.27

2007

$21.67

$16.16

-29.06%

-15.82%

14.86%

$1.38

$1.84

$3.22

2008

$11.97

$ 5.63

-65.16%

-61.14%

10.36%

$1.24

$ –

$1.24

2009

$ 5.82

$ 7.51

33.39%

46.79%

9.28%

$0.54

$ –

$0.54

2010

$ 7.82

$ 8.58

14.25%

22.41%

6.91%

$0.54

$ –

$0.54

2011

$ 8.60

$ 8.14

-5.13%

0.94%

6.28%

$0.54

$ –

$0.54

2012

$ 8.99

$ 9.48

16.46%

24.15%

6.47%

$0.54

$0.042

$0.582

2013

$ 9.57

$ 9.04

-4.64%

0.91%

5.64%

$0.54

$ –

$0.54

2014

$ 9.77

$ 10.16

12.39%

18.73%

5.52%

$0.54

$ –

$0.54

2015

$ 9.67

$ 9.04

-11.02%

-5.57%

5.89%

$0.57

$ –

$0.57

2016

$ 9.11

$ 8.65

-4.31%

2.17%

6.58%

$0.60

$ –

$0.60

2017

$ 8.75

$ 8.99

3.93%

11.29%

6.85%

$0.60

$ –

$0.60

2018

$ 8.36

$ 7.55

-16.02%

-9.75%

7.18%

$0.60

$ –

$0.60

2019

$ 8.62

$ 8.86

17.35%

25.79%

6.96%

$0.60

$ –

$0.60

20202

$ 7.51

$ 8.11

-8.47%

-0.60%

7.99%

$0.60

$ –

$0.60

Average3

 

 

 

8.91%

8.16%

 

 

 

Since Inception Annualized Total Return 5.00%

  1. Figures for 2004 are from February 24, 2004, the Fund’s inception date.
  2. 2020 figures are for the full year January 1, 2020 through December 31, 2020.
  3. Average calculated on number of months and years since inception. The Fund’s inception date was February 24, 2004.
  4. Distribution rate calculated by taking the total distributions paid within the period divided by average daily NAV for the period.

Sources: NAV per share amounts and annualized total returns are published in the Fund’s audited annual reports for the respective year.

About CBRE Clarion Securities:

CBRE Clarion Securities is a registered investment advisory firm specializing in the management of global real asset securities for institutional investors. Headquartered near Philadelphia, the firm has personnel located in the United States, United Kingdom, Hong Kong, Japan, and Australia. For more information about CBRE Clarion Securities, please visit www.cbreclarion.com.

CBRE Clarion Securities is the listed equity management arm of CBRE Global Investors. CBRE Global Investors is a global real assets investment management firm with $114.5 billion in assets under management* as of September 30, 2020. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.

Analyst and Press Inquiries:

David Leggette, Principal

610.995.2500

Investor Relations:

888.711.4272

www.cbreclarion.com

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: REIT Finance Banking Professional Services Construction & Property

MEDIA:

Posted on

Natuzzi and The Vita Group Enter Into Agreement for the Purchase of I.M.P.E. S.p.A., an Italian Foam Manufacturer

Natuzzi and The Vita Group Enter Into Agreement for the Purchase of I.M.P.E. S.p.A., an Italian Foam Manufacturer

SANTERAMO IN COLLE, Bari, Italy–(BUSINESS WIRE)–
Today, Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi”) and The Vita Group (or “Vita”) announced that they have entered into an agreement whereby Vita Italy S.r.l., a wholly owned subsidiary of The Vita Group, will acquire I.M.P.E. S.p.A., a wholly owned subsidiary of Natuzzi based in Naples, Italy.

The site, which will be known as Vita Italy, manufactures polyurethane foam for the furniture and bedding industry in Italy. It has 32 employees and production capabilities of 20k tonnes per annum.

The sale of I.M.P.E. S.p.A. is for a value of €6.1 million, subject to customary purchase price adjustments and warranties. The transaction is expected to be completed in the first quarter of 2021 and is subject to customary closing conditions.

Chairman and CEO, Pasquale Natuzzi, commented: “The agreement is part of the Company’s strategy to review its value chain and reshape the Group’s manufacturing configuration. With this agreement, we have posed the basis for a business cooperation with an international group, such as Vita, whose contribution will be beneficial to our operations.”

Speaking on behalf of The Vita Group, Group CEO Ian Robb said: “This acquisition constitutes a step in our ambition to broaden our production footprint across Europe. We believe this is a win-win transaction for all parties and allows Vita to gain an established foothold in this important market. It is a highly respected company, with an experienced workforce and we look forward to working with this team to support our customers and build our presence in the Italian furniture market.”

About Natuzzi

Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italy’s largest furniture house and one of the most important global players in the furniture industry with an extensive manufacturing footprint and a global retail network. Natuzzi is the European lifestyle best-known brand in the upholstered furnishings sector worldwide (Brand Awareness Monitoring Report – Ipsos 2018) and has been listed on the New York Stock Exchange since May 13, 1993. Always committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), OHSAS 18001 certified (Safety on the Workplace) and FSC® certified (Forest Stewardship Council).

About The Vita Group

The Vita Group is Europe’s leading flexible foam solutions provider. Built on 70 years of heritage, Vita develops, manufactures and markets a wide range of value added and differentiated flexible polyurethane foam and Talalay latex and flooring products.

Vita’s three divisions – Comfort, Technical and Flooring – cater for customers across a broad set of industries including Bed-in-the-Box mattresses and bedding, furniture, hygiene and medical, mobility, construction and flooring. The company’s pan-European operating base is well positioned to serve local, regional and multi-national customers across Europe and provide innovative and value-added products and applications across the world.

Vita has responded to the urgent need for products and materials to support healthcare, care homes, medical and hygiene applications during the COVID-19 emergency. The Company is currently delivering products for medical mattresses, filters for ventilators, PPE mask inserts, and many other healthcare relate products. For more information, please visit www.thevitagroup.com

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS REGARDING NATUZZI

Certain statements included in this press release constitute forward-looking statements within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements regarding the intended sale of I.M.P.E. S.p.A. or the likelihood or timing of the contemplated transaction. Important factors that may cause actual results to differ include, but are not limited to: (i) the ability of Natuzzi to successfully complete the sale of I.M.P.E. S.p.A.; (ii) failure to satisfy any of the closing conditions to the proposed transaction; (iii) the length of time necessary to consummate the proposed transaction, which may be longer than anticipated for various reasons; and (iv) unexpected costs or liabilities that may arise from the sale of I.M.P.E. S.p.A. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect Natuzzi’s business, including those described in the “Risk Factors” section of Natuzzi’s most recent Annual Report on Form 20-F. Natuzzi undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

Natuzzi Investor Relations

Piero Direnzo | tel. +39.080.8820.812 | [email protected]

Natuzzi Corporate Communication

Vito Basile (Press Office) | tel. +39.080.8820.676 | [email protected]

The Vita Group

Alison Vesey – Corporate Marketing & PR Manager

[email protected]

Gilbert Davids – Managing Director Comfort Division

[email protected]

Tomas Stachura – Regional Director South Europe

[email protected]

KEYWORDS: Italy Europe

INDUSTRY KEYWORDS: Manufacturing Home Goods Other Manufacturing Retail Chemicals/Plastics

MEDIA:

Logo
Logo
Posted on

Cadence Announces Fourth Quarter and Fiscal Year 2020 Financial Results Webcast

Cadence Announces Fourth Quarter and Fiscal Year 2020 Financial Results Webcast

SAN JOSE, Calif.–(BUSINESS WIRE)–
Cadence Design Systems, Inc. (NASDAQ: CDNS) will hold its fourth quarter and fiscal year 2020 financial results webcast on Monday, February 22, 2021.

Participating on the webcast will be Lip-Bu Tan, chief executive officer, and John Wall, senior vice president and chief financial officer.

The webcast will begin Monday, February 22, 2021 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on February 22, 2021 until 5:00 p.m. Pacific Time on Friday, March 19, 2021, at cadence.com/cadence/investor_relations.

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For six years in a row, Fortune Magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

For more information, please contact:

Cadence Investor Relations

408-944-7100

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Electronic Design Automation Semiconductor Automotive Manufacturing Technology Manufacturing Software Hardware

MEDIA:

Logo
Logo
Posted on

Aon Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

PR Newswire

DUBLIN, Jan. 8, 2021 /PRNewswire/ — Aon plc (NYSE:AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, plans to announce fourth quarter and full year 2020 results on Friday, February 5th, 2021 in a news release to be issued at 5:00 am Central Time. Greg Case, CEO, will host a conference call at 7:30 am Central Time on Friday February 5th, 2021. The conference call will be broadcast live through Aon’s website at www.aon.com.  A replay will be available shortly after the live webcast. The earnings release and supplemental slide presentation will be available on Aon’s web site at www.aon.com.

About Aon


Aon plc
 (NYSE:AON) Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Follow Aon on Twitter: https://twitter.com/Aon_plc
Sign up for News Alerts: http://aon.mediaroom.com/index.php?s=58

Investor Contact:
Investor Relations
[email protected]
+1 312-381-3310

Media Contact:

Jason Gertzen

[email protected]

+1 312-381-3024

 

Cision View original content:http://www.prnewswire.com/news-releases/aon-announces-fourth-quarter-and-full-year-2020-earnings-release-and-conference-call-301203581.html

SOURCE Aon plc

Posted on

CenterPoint Energy Announces Two Senior Finance Leadership Appointments

– Stacey Peterson named Senior Vice President, Financial Planning & Treasurer

– Philip Holder named Senior Vice President, Strategic Planning & Investor Relations

PR Newswire

HOUSTON, Jan. 8, 2021 /PRNewswire/ — CenterPoint Energy, Inc. (NYSE: CNP) today announced two senior Finance leadership appointments that will further strengthen its management team and position the company for execution of its new long-term growth strategy.

“As we position ourselves to become a premium valued utility while supporting a transition to a cleaner energy future, central to our company’s future growth will be a proven, experienced leadership team and energized, dedicated employees,” said Executive Vice President and Chief Financial Officer Jason Wells. “These senior Finance leadership appointments will be critical to our commitment to maximize the advantages of our growth for our customers, shareholders and communities.”


Stacey Peterson named Senior Vice President, Financial Planning & Treasurer

Stacey Peterson has been named Senior Vice President, Financial Planning & Treasurer, effective Jan. 11. Peterson will lead the company’s financial planning and analysis, investing activities, balance sheet and capital markets strategy, cash management, bank relationships, benefit plan administration, and compliance reporting. She will be responsible for managing financial risk as it relates to CenterPoint Energy’s annual interest expense, debt, the company’s commercial paper program, and revolving credit facilities. Peterson will report to Wells.

“Stacey joins CenterPoint Energy’s leadership team with a proven track record in the energy industry, finance and capital markets. She will be an ideal fit for our company as we execute on our new long-term growth strategy,” said Wells. “Under Stacey’s leadership, our Financial Planning and Treasury organizations will play a critical role in our five-year $16 billion-plus capital investment plan, which will drive organic growth opportunities in our utility businesses, as well as the reliability and resiliency of our existing infrastructure to better serve our customers.”

Peterson said, “With its new long-term growth strategy recently launched, it is a unique and important time in the long, proud history of CenterPoint Energy. I am excited to join this exceptional team and, together, execute the strategy to position CenterPoint Energy for an outstanding future.”

Peterson has held roles of increasing responsibility over her 20-year career. Most recently, she served as Senior Vice President, Finance, Treasurer and Head of Investor Relations at Talen Energy, one of the largest privately owned independent power generation infrastructure companies in North America. Prior to this role, Peterson spent 11 years at Calpine, a power generator with more than 26,000 megawatts of generating capacity in 16 states and Canada, wholesale power operations and retail electricity businesses. Following leadership roles in Structuring, Financial and Strategic Analysis, and Power Trading, Peterson served as Vice President, Finance and Treasurer from 2013 to 2018.

Peterson earned a Bachelor of Science degree in Business and Finance from Indiana University’sKelley School of Business. She is a graduate of Harvard Business School’s Advanced Management Program.


Philip Holder named Senior Vice President, Strategic Planning & Investor Relations

Philip Holder has been named Senior Vice President, Strategic Planning & Investor Relations, effective Jan. 25. Holder will lead CenterPoint Energy’s corporate strategy, investment analyses, and business and corporate development activities in support of the company’s long-term growth strategy. In addition, he will be responsible for the company’s Investor Relations function and its relationships with shareholders, sell-side analysts and potential investors. Holder will report to Wells.

“Under Phil’s leadership, our Strategic Planning and Investor Relations organizations will be instrumental as we grow our utility businesses and identify additional investment opportunities during and beyond the current five-year planning window,” said Wells. “Phil’s background, experience and relationships, particularly in the utility industry, will be valuable assets as we continue to strengthen the financial community’s trust in CenterPoint Energy through execution and clear communications on our progress, including our efforts to further enhance our growth, positioning and value proposition.”

Holder said, “I believe CenterPoint Energy has a clear and unmistakable path to becoming a premium valued utility, achieving top-tier operational excellence, and realizing outstanding organic growth opportunities. I look forward to being a part of this great company and working alongside a talented team to deliver on the strategy.”

Holder has held roles of increasing responsibility over his 15-year career. Most recently, he served as Managing Director, Energy, Power & Renewables Investment Banking at Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. In this capacity, Holder led Guggenheim’s relationship with the State of California, including advising Governor Gavin Newsom on the PG&E Bankruptcy and the creation of the California State Wildfire Fund. Prior to this role, Holder spent eight years at Citigroup where he served as Director, Power & Utilities Investment Banking. He led strategic and M&A advisory assignments for several utility and energy holding companies, including AES, Dominion Energy, Duke Energy, Energy Future Holdings, InfraREIT, Iberdrola, PG&E, Southern Company and Vistra Energy.

Holder earned a Bachelor of Business Administration degree from Emory University in Atlanta.

The company also announced the departures of Vice President & Treasurer Robert McRae and Director of Investor Relations David Mordy from CenterPoint Energy to pursue other career opportunities.

Wells said, “I want to take this opportunity to thank Robert and Dave for their many contributions to CenterPoint Energy and wish them every success in their future endeavors.”

About CenterPoint Energy
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Forward Looking Statement
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “continue,” “plan,” “will” or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as CenterPoint Energy’s identification and execution of business strategies, opportunities and initiatives, value creation, capital investment plan, future financial performance and strength, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, CenterPoint Energy’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

For more information contact
Media:
Phone 713.619.5143
Investors:
Phone 713.207.6500

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/centerpoint-energy-announces-two-senior-finance-leadership-appointments-301203542.html

SOURCE CenterPoint Energy, Inc.

Posted on

Aptiv to Present at the 19th Annual J.P. Morgan Tech/Auto Forum

PR Newswire

DUBLIN, Jan. 8, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Senior Vice President and Chief Technology Officer, Glen De Vos, will present at the J.P. Morgan Tech/Auto Forum on Tuesday, January 12 at 4:00 p.m. EST.

A simultaneous webcast of the presentation will be available on the Aptiv Investor Relations website at ir.aptiv.com. For additional information, please contact Aptiv Investor Relations at [email protected].

About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility. Visit aptiv.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/aptiv-to-present-at-the-19th-annual-jp-morgan-techauto-forum-301203582.html

SOURCE Aptiv PLC

Posted on

Varian Announces First Quarter Fiscal Year 2021 Earnings Release Date

PR Newswire

PALO ALTO, Calif., Jan. 8, 2021 /PRNewswire/ — Varian (NYSE: VAR) today announced its first quarter fiscal year 2021 earnings release date.

The Company will report results for the first quarter of fiscal year 2021 after market close on Tuesday, January 26, 2021.  

In light of the pending transaction with Siemens Healthineers, Varian will not be hosting a conference call for its first quarter fiscal year 2021 earnings.

For automatic e-mail alerts regarding Varian news and events, investors can subscribe on the company website: http://investors.varian.com/emailalerts.

About Varian
At Varian, we envision a world without fear of cancer. For more than 70 years, we have developed, built and delivered innovative cancer care technologies and solutions for our clinical partners around the globe to help them treat millions of patients each year. With an Intelligent Cancer Care approach, we are harnessing advanced technologies like artificial intelligence, machine learning and data analytics to enhance cancer treatment and expand access to care. Our 10,000 employees across 70 locations keep the patient and our clinical partners at the center of our thinking as we power new victories in cancer care. Because, for cancer patients everywhere, their fight is our fight. For more information, visit http://www.varian.com and follow @VarianMedSys on Twitter.

Investor Relations Contact

Anshul Maheshwari

Vice President, Treasury and Investor Relations
+1 (650) 424-6081
[email protected]

Press Contact

Kathy Conner

Vice President, Global Corporate Marketing
+1 (650) 424-5695
[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/varian-announces-first-quarter-fiscal-year-2021-earnings-release-date-301203557.html

SOURCE Varian

Posted on

Poema Global Holdings Corp. Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriter’s Option to Purchase Additional Units

PR Newswire

BERLIN and HONG KONG, Jan. 8, 2021 /PRNewswire/ — Poema Global Holdings Corp. (the “Company” or “Poema Global”), a special purpose acquisition company affiliated with Princeville Capital formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its initial public offering of 34,500,000 units at a price of $10.00 per unit, including an additional 4,500,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option. Total gross proceeds from the offering were $345 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

Poema Global’s sponsor team brings together over 100 years of combined experience to equip and enable a differentiated global technology leader to successfully list and to create long-term value for shareholders in public markets. Led by Co-Chairmen Emmanuel DeSousa and Joaquin Rodriguez Torres, Chief Executive Officer Homer Sun and President Marc Chan, Poema Global seeks to complete business combinations with companies that have validated technologies and attractive unit economics, with a particular focus on Europe and Asia.

The units began trading on the Nasdaq Capital Market under the ticker symbol “PPGHU” on January 6, 2021. Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Capital Market under the symbols “PPGH” and “PPGHW,” respectively.

Citigroup Global Markets Inc. and UBS Securities LLC acted as joint book-running managers of the offering.

The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained from: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 1-800-831-9146, or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone at (888) 827-7275 or by emailing [email protected].

A registration statements relating to the securities became effective on January 5, 2021 in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About the Company:

Poema Global is a newly incorporated blank check company affiliated with Princeville Capital focused on global business combinations targets in the technology sector.

Contact: 

Joaquin Rodriguez Torres

(e): [email protected]
(o): +852 2508 7288

Cision View original content:http://www.prnewswire.com/news-releases/poema-global-holdings-corp-announces-closing-of-upsized-initial-public-offering-and-full-exercise-of-underwriters-option-to-purchase-additional-units-301203483.html

SOURCE Poema Global Holdings Corp.

Posted on

Solar Capital Ltd. Schedules the Release of its Financial Results for the Quarter and Fiscal Year Ended December 31, 2020

NEW YORK, Jan. 08, 2021 (GLOBE NEWSWIRE) — Solar Capital Ltd. (the “Company”) (NASDAQ: SLRC) today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2020 on Wednesday, February 24, 2021 after the close of the financial markets.

The Company will host an earnings conference call and audio webcast at 10:00 a.m. (Eastern Time) on Thursday, February 25, 2021.

All interested parties may participate in the conference call by dialing (844) 889-7786 approximately 5-10 minutes prior to the call, international callers should dial (661) 378-9930. Participants should reference Solar Capital Ltd. and the participant passcode of 5479705 when prompted. A telephone replay will be available until March 11, 2021 and can be accessed by dialing (855) 859-2056 and using the passcode 5479705. International callers should dial (404) 537-3406. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through Solar Capital’s website, www.solarcapltd.com. To listen to the webcast, please go to the Company’s website prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay of the webcast will be available soon after the call.

ABOUT SOLAR CAPITAL LTD.

Solar Capital Ltd. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company primarily invests directly and indirectly in leveraged, U. S. middle market companies in the form of cash flow senior secured loans including first lien and second lien debt instruments and asset-based loans including senior secured loans collateralized on a first lien basis primarily by current assets.

Contact:

Solar Capital Ltd.
Richard Pivirotto
646-308-8770        



Posted on

My Size, Inc. Closes $2.0 Million Underwritten Public Offering of Common Stock Including Simultaneous Exercise of the Underwriter’s Over-Allotment Option

Airport City, Israel, Jan. 08, 2021 (GLOBE NEWSWIRE) — My Size, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), a developer of smartphone-based measurement solutions, today announced that it has completed an underwritten public offering (the “Offering”) with gross proceeds of approximately $2.0 million before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Offering included 1,364,503 shares of the Company’s common stock, and 204,676 additional shares from the exercise of the underwriter’s option to purchase such shares to cover over-allotments at the public offering price of $1.28 per share. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.

Aegis Capital Corp. acted as sole bookrunner for the offering.

This offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-251679) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on December 30, 2020. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering have been filed with the SEC and are available on the SEC’s website located at http://www.sec.gov.

Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, NY 10019, by email at [email protected], or by telephone at (212) 813-1010.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About My Size, Inc.

My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications including the apparel, e-commerce, DIY, shipping and parcel delivery industries. This proprietary measurement technology is driven by several algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about My Size, please visit our website: www.mysizeid.com. We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram and Twitter.

U.S. Press Contact:

Strauss Communications
[email protected]
www.strausscomms.com   

IR Contact:

Or Kles, CFO
[email protected] 

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements with respect the public offering, timing, the amount and anticipated use of proceeds. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections, including, without limitation, market and other conditions and the satisfaction of customary closing conditions. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.