Whitecap Resources Inc. Confirms Monthly Dividend for December of $0.01425 Per Share

Canada NewsWire

CALGARY, AB, Dec. 15, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of December operations will be paid on January 15, 2021 to shareholders of record on December 31, 2020.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Whitecap
Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is focused on profitable production growth combined with sustainable dividends to shareholders. Our objective is to fully fund our capital expenditures and dividend payments within funds flow.  For further information about Whitecap, please visit our website at www.wcap.ca.

SOURCE Whitecap Resources Inc.

Mettler-Toledo International Inc. Announces CEO Transition

– – Patrick Kaltenbach to Become CEO – –

– – Olivier Filliol Remains Member of Board of Directors – –

PR Newswire

COLUMBUS, Ohio, Dec. 15, 2020 /PRNewswire/ — Mettler-Toledo International Inc. (NYSE: MTD) today announced that Olivier Filliol, after 13 years as CEO, has chosen to step down and the Board of Directors has agreed on a CEO transition. Patrick Kaltenbach, President of the Life Sciences Segment at Becton Dickinson, will join the Company in January and assume the CEO position from Filliol on April 1, 2021. Filliol will remain a member of the Board of Directors, and in addition, he will support the Company in marketing and other organizational matters. 

Robert Spoerry, Chairman of the Board, stated, “We want to sincerely thank Olivier for his tremendous contributions as CEO. Under his excellent leadership, METTLER TOLEDO strengthened its strategy, enhanced its market position and developed powerful and highly innovative corporate programs. He fostered a commitment and enthusiasm for operational excellence that have translated into outstanding financial results and position the Company very well for the future. We are pleased that Olivier will remain on the Board and METTLER TOLEDO will continue to benefit from his unique expertise.”

Patrick Kaltenbach joined Becton Dickinson in 2018 to lead its Life Sciences Segment, which has annual revenues in excess of $4.5 billion. He was President of Life Sciences and Applied Markets Group at Agilent from 2014 to 2018. Previously, he held wide-ranging and increasing leadership roles at Agilent and its predecessor company, Hewlett Packard, since joining in 1991.

Spoerry commented, “It is with excitement and great confidence that we welcome Patrick as the next CEO of METTLER TOLEDO. Patrick has a strong record of driving growth, gaining market share and increasing operating income. He brings extensive global experience and industry know-how to the Company. We are convinced Patrick will be an excellent cultural fit, and he is committed to continue to drive our current strategic growth initiatives.”

Filliol commented, “I am very happy to welcome Patrick to METTLER TOLEDO and look forward to working with him. The timing of this transition is ideal, as our organization has never been stronger. We have an exceptional team throughout the world, and our strategic growth initiatives and corporate programs, including Spinnaker and SternDrive, are well advanced and have strong momentum. I am confident that Patrick will lead the team to further our successful track record.”

METTLER TOLEDO is a leading global supplier of precision instruments and services. We have strong leadership positions in all of our businesses. We have a workforce of more than 16,000 and a direct presence in approximately 40 countries with manufacturing operations in Europe, the Americas and Asia. With proven organic growth strategies and a focus on execution, we have achieved a long-term track record of strong financial performance. Our long-term orientation has produced extensive sustainability achievements including attaining carbon neutral status in 2020. For more information, visit

www.mt.com

.

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SOURCE Mettler-Toledo International Inc.

RPC, Inc. Board of Directors Appoints New Director Susan Bell

PR Newswire

ATLANTA, Dec. 15, 2020 /PRNewswire/ — RPC, Inc. (NYSE: RES) today announced the appointment of Susan Bell to the Board of Directors of the Company effective January 1, 2021. 

(PRNewsfoto/RPC, Inc.)

Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served as the Atlanta Office Managing Partner and led EY’s Power & Utilities sector focus in the Global Financial Accounting Advisory Services (FAAS) practice. Bell led and advised client service teams supporting implementation of new accounting standards, internal controls implementation and testing, internal audit and enterprise risk management programs and initiatives, securities offerings, merger and acquisition transactions, and implementing enterprise transformational initiatives such as process automation and advanced analytics.

Richard A. Hubbell, President and Chief Executive Officer, stated “We are very pleased to welcome Susan to our Board. Her financial expertise and governance experience will be valuable to RPC.”

Ms. Bell fills a board vacancy arising from the recent retirement of Bill J. Dismuke.  Mr. Dismuke joined the Board of Directors in 2005 and served with distinction on the Board and several committees, including the Audit Committee.  Mr. Hubbell also expressed the Company’s appreciation for Mr. Dismuke’s service and gratitude for his contributions over the past 15 years. 

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC’s investor website can be found on the internet at RPC.net.

For information about RPC, Inc. or this event, please contact:

Ben M. Palmer

Chief Financial Officer
(404) 321-2140
[email protected]

Jim Landers

Vice President Corporate Services
(404) 321-2162
[email protected]

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SOURCE RPC, Inc.

Valvoline Announces Pricing of Senior Notes Offering

PR Newswire

LEXINGTON, Ky., Dec. 15, 2020 /PRNewswire/ — Valvoline Inc. (“Valvoline”) (NYSE: VVV) announced today the pricing of its previously announced offering of $535 million aggregate principal amount of 3.625% Senior Notes due 2031 (the “Notes”). The Notes will be unsecured unsubordinated obligations of Valvoline. Each of Valvoline’s subsidiaries that guarantees Valvoline’s obligations under its existing senior secured credit facilities will guarantee the Notes on an unsubordinated unsecured basis. Valvoline intends to use the net proceeds from the offering, together with cash and cash equivalents on hand, to fund the redemption of all its outstanding 4.375% Senior Notes due 2025 and to pay related fees and expenses. The offering is expected to close on Jan. 4, 2021, subject to customary closing conditions.

The Notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements.

This news release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful.

About Valvoline

TM
 

Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the company’s heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume.  It operates and franchises nearly 1,500 quick-lube locations, and it is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil ChangeSM brand and the No. 3 chain by number of stores in Canada under the Valvoline Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue™ heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex™ antifreeze.

TM Trademark, Valvoline or its subsidiaries, registered in various countries

SM Service mark, Valvoline or its subsidiaries, registered in various countries

Forward-Looking Statements

Certain statements in this news release, other than statements of historical fact, including statements related to Valvoline’s intended use of proceeds of the offering and expected closing date of the offering, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Valvoline has identified some of these forward-looking statements with words such as “anticipates,” “believes,” “expects,” “estimates,” “is likely,” “predicts,” “projects,” “forecasts,” “may,” “will,” “should” and “intends” and the negative of these words or other comparable terminology. These forward-looking statements are based on Valvoline’s current expectations, estimates, projections and assumptions as of the date such statements are made and are subject to risks and uncertainties that may cause results to differ materially from those expressed or implied in the forward-looking statements. Additional information regarding these risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Quantitative and Qualitative Disclosures about Market Risk” sections of Valvoline’s most recently filed periodic report on Form 10-K, which is available on Valvoline’s website at http://investors.valvoline.com/sec-filings or on the SEC’s website at http://sec.gov. Valvoline assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future, unless required by law.

FOR FURTHER INFORMATION

Sean T. Cornett

Senior Director, Investor Relations
+1 (859) 357-2798
[email protected]

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SOURCE Valvoline Inc.

Marine Products Corporation Board of Directors Appoints New Director Susan Bell

PR Newswire

ATLANTA, Dec. 15, 2020 /PRNewswire/ — Marine Products Corporation (NYSE: MPX) today announced the appointment of Susan Bell to the Board of Directors of the Company effective January 1, 2021. 

Marine_Products_Corporation_Logo

Bell recently retired from Ernst and Young LLP (EY) after a 36-year career in public accounting, serving in key leadership roles. She served clients as an audit and advisory partner, led the EY Southeast Risk Advisory practice, served as the Atlanta Office Managing Partner and led EY’s Power & Utilities sector focus in the Global Financial Accounting Advisory Services (FAAS) practice. Bell led and advised client service teams supporting implementation of new accounting standards, internal controls implementation and testing, internal audit and enterprise risk management programs and initiatives, securities offerings, merger and acquisition transactions, and implementing enterprise transformational initiatives such as process automation and advanced analytics.

Richard A. Hubbell, President and Chief Executive Officer, stated “We are very pleased to welcome Susan to our Board. Her financial expertise and governance experience will be valuable to Marine Products Corporation.”

Ms. Bell fills a board vacancy arising from the recent retirement of Bill J. Dismuke.  Mr. Dismuke joined the Board of Directors in 2005 and served with distinction on the Board and several committees, including the Audit Committee.  Mr. Hubbell also expressed the Company’s appreciation for Mr. Dismuke’s service and gratitude for his contributions over the past 15 years. 

Marine Products Corporation (NYSE: MPX) is a leading manufacturer of fiberglass boats under three brand names: Chaparral, Robalo and Vortex. Chaparral’s sterndrive models include SSi and SSX, along with the Chaparral Surf Series.  Chaparral’s outboard offerings include various models, such as OSX Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models. Chaparral also offers jet powered boats under the Vortex brand name.  The Company continues to diversify its product lines through product innovation.  With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value.  For more information on Marine Products Corporation visit our website at MarineProductsCorp.com.

For information contact:

BEN M. PALMER
Chief Financial Officer
(404) 321-7910
[email protected] 

JIM LANDERS

Vice President Corporate Services
(404) 321-2162
[email protected]

 

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SOURCE Marine Products Corporation

ROSEN, GLOBAL INVESTOR COUNSEL, Reminds Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. Investors of Important Deadline in Securities Class Action First Filed by Firm; Encourages Investor with Losses Exceeding $100K to Contact…

ROSEN, GLOBAL INVESTOR COUNSEL, Reminds Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. Investors of Important Deadline in Securities Class Action First Filed by Firm; Encourages Investor with Losses Exceeding $100K to Contact…

NEW YORK–(BUSINESS WIRE)– 

ROSEN, GLOBAL INVESTOR COUNSEL, Reminds Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. Investors of Important Deadline in Securities Class Action First Filed by Firm; Encourages Investor with Losses Exceeding $100K to Contact Firm – CVIAQ, CVIA, FMSA

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (“Covia”) (OTC: CVIAQ) (NYSE: CVIA) (NYSE: FMSA) between March 15, 2016 to June 29, 2020, inclusive (the “Class Period”), of the important February 8, 2021 lead plaintiff deadline in the securities class action first filed by firm. The lawsuit seeks to recover damages for Covia investors under the federal securities laws.

To join the Covia class action, go to http://www.rosenlegal.com/cases-register-1993.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Covia’s proprietary “value-added” proppants were not necessarily more effective than ordinary sand; (2) Covia’s revenues, which were dependent on its proprietary “value-added” proppants, was based on misrepresentations; (3) when Covia insiders raised this issue, defendants did not take meaningful steps to rectify the issue; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1993.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

[email protected]

[email protected]

www.rosenlegal.com

KEYWORDS: New York China United States North America Asia Pacific

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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NANOBIOTIX Announces Closing of Global Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs, Bringing Gross Proceeds of Global Offering to $113.3 Million

NANOBIOTIX Announces Closing of Global Offering and Full Exercise of Underwriters’ Option to Purchase Additional ADSs, Bringing Gross Proceeds of Global Offering to $113.3 Million

  • Base offering of $98.6 million in gross proceeds closed on December 15, 2020.
  • Nanobiotix’s ADSs began trading on the Nasdaq Global Select Market on December 11, 2020.
  • Announced full exercise of underwriters’ option to purchase additional American Depositary Shares (ADSs), with closing expected to take place on December 18, 2020. Will add approximately $14.8 million in additional gross proceeds for total of $113.3 million in gross proceeds from the offering.

PARIS–(BUSINESS WIRE)–
Regulatory News:

NANOBIOTIX (Paris:NANO) (Euronext : NANO – ISIN : FR0011341205 – the ‘‘Company’’), a clinical-stage nanomedicine company pioneering new approaches to the treatment of cancer, today announced the initial closing of its previously announced initial public offering on the Nasdaq Global Select Market by way of a capital increase of 7,300,000 new ordinary shares (the “New Shares”), consisting of a public offering of 5,445,000 ordinary shares in the form of American Depositary Shares (“ADSs”), each representing the right to receive one ordinary share, in the United States (the “U.S. Offering”) and a concurrent offering of 1,855,000 ordinary shares in certain jurisdictions outside of the United States to certain investors (the “European Offering” and together with the U.S. Offering, the “Global Offering”). In addition, the underwriters for the Global Offering have exercised in full their option to purchase 1,095,000 additional ADSs at the same public offering price of $13.50 per ADS, with the closing for such additional ADSs expected to occur on December 18, 2020.

Following the additional closing, the total number of ordinary shares issued amounts to 8,395,000, including 6,540,000 in the form of ADSs, bringing the gross proceeds of the Global Offering to approximately $113.3 million (€93.5 million1) and the aggregate net proceeds to Nanobiotix, after deducting underwriting commissions and estimated offering expenses payable by Nanobiotix, will be approximately $100.4 million(€82.8 million)2. All of the securities sold in the Global Offering were offered by Nanobiotix.

The Company intends to apply the net proceeds from the option to purchase additional ADSs on a pro rata basis to the use of proceeds identified with respect to the base offering. The Company believes that the net proceeds from the Global Offering, including the net proceeds from the option to purchase additional ADSs, together with its cash and cash equivalents, will be sufficient to fund its operations through the middle of the second quarter of 2023.

Nanobiotix’s ordinary shares are listed on the regulated market of Euronext in Paris under the ticker symbol “NANO”. Nanobiotix’s ADSs began trading on the Nasdaq Global Select Market on December 11, 2020 under the ticker symbol “NBTX”.

Jefferies LLC acted as global coordinator and joint book-running manager for the Global Offering, and Evercore Group, L.L.C. and UBS Securities LLC acted as joint book-running managers for the U.S. Offering. Gilbert Dupont acted as manager for the European Offering.

In accordance with Article 6 of delegated regulation EU 2016/1052 of March 8, 2016, Jefferies LLC, acting as the stabilizing agent on its own behalf and on behalf of the other underwriters, reported that no stabilization activities had been carried out. The period during which stabilization activities could be carried out is now closed.

The Global Offering was made only by means of a prospectus. A copy of the prospectus relating to the Global Offering was filed with the U.S. Securities and Exchange Commission and may be obtained from Jefferies LLC, 520 Madison Avenue New York, NY 10022, or by telephone at 877-547-6340 or 877-821-7388, or by email at [email protected]; or from Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, or by telephone at 888-474-0200, or by email at [email protected]; or from UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, or by telephone at 888-827-7275, or by email at [email protected].

A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About NANOBIOTIX

Incorporated in 2003, Nanobiotix is a leading, clinical-stage nanomedicine company pioneering new approaches to significantly change patient outcomes by bringing nanophysics to the heart of the cell.

The Nanobiotix philosophy is rooted in designing pioneering, physical-based approaches to bring highly effective and generalized solutions to address unmet medical needs and challenges.

Nanobiotix’s novel, proprietary lead technology, NBTXR3, aims to expand radiotherapy benefits for millions of cancer patients. Nanobiotix’s Immuno-Oncology program has the potential to bring a new dimension to cancer immunotherapies.

Nanobiotix is listed on the regulated market of Euronext in Paris (Euronext: NANO / ISIN: FR0011341205; Bloomberg: NANO: FP) and the Nasdaq Global Select Market (Nasdaq: NBTX). Its headquarters are in Paris, France. Nanobiotix has a subsidiary, Curadigm, located in France and the United States, as well as a US affiliate in Cambridge, MA, and European affiliates in France, Spain and Germany.

Disclaimer

This press release contains certain forward-looking statements concerning the Global Offering as well as Nanobiotix and its business, including its prospects and product candidate development. Such forward-looking statements are based on assumptions that Nanobiotix considers to be reasonable. However, there can be no assurance that the estimates contained in such forward-looking statements will be verified, which estimates are subject to numerous risks including the risks set forth in the universal registration document of Nanobiotix registered with the AMF under number R.20-0010 on May 12, 2020, in a first amendment filed with the AMF under number D.20-0339-A01 on November 20, 2020 and in a second amendment filed with the AMF under number D.20-0339-A02 on December 11, 2020 (copies of which are available on www.nanobiotix.com), and to the development of economic conditions, financial markets and the markets in which Nanobiotix operates. The forward-looking statements contained in this press release are also subject to risks not yet known to Nanobiotix or not currently considered material by Nanobiotix. The occurrence of all or part of such risks could cause actual results, financial conditions, performance or achievements of Nanobiotix to be materially different from such forward-looking statements. Nanobiotix is under no obligation to update or review the forward-looking statements referred to above.

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

The distribution of this document may, in certain jurisdictions, be restricted by local legislations. Persons into whose possession this document comes are required to inform themselves about and to observe any such potential local restrictions.

European Economic Area

In relation to each Member State of the European Economic Area (each, a ‘‘Member State’’) no offer to the public of ordinary shares and ADSs may be made in that Member State other than:

– to any legal entity which is a ‘‘qualified investor’’ as defined in the Prospectus Regulation;

– to fewer than 150 natural or legal persons (other than a qualified investor as defined in the Prospectus Regulation); or

– in any other circumstances falling within Article 1(4) of the Prospectus Regulation,

provided that no such offer of ordinary shares and ADSs shall require us or any Underwriter to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or supplement a prospectus pursuant to Article 23 of the Prospectus Regulation and each person who initially acquires any shares or to whom any offer is made will be deemed to have represented, acknowledged and agreed to and with each of the underwriters and the Company that it is a ‘‘qualified investor’’ as defined in the Prospectus Regulation.

For the purposes of this provision, the expression an ‘‘offer to the public’’ in relation to any ordinary shares and ADSs in any Member State means the communication in any form and by any means of sufficient information on the terms of the offer and any ordinary shares and ADSs to be offered so as to enable an investor to decide to purchase any ordinary shares and ADSs, and the expression ‘‘Prospectus Regulation’’ means Regulation (EU) 2017/1129 (as amended).

France

The ADSs and the ordinary shares have not been and will not be offered or sold to the public in the Republic of France, and no offering of this prospectus or any marketing materials relating to the ADSs and the ordinary shares may be made available or distributed in any way that would constitute, directly or indirectly, an offer to the public in the Republic of France (except for public offerings defined in Article L.411-2 1° of the French Code monétaire et financier).

The ordinary shares in the form of ADSs may only be offered or sold in France pursuant to article L. 411-2 1° of the French Code monétaire et financier to qualified investors (as such term is defined in Article 2(e) of Regulation (EU) n° 2017/1129 dated 14 June 2017, as amended) acting for their own account, and in accordance with articles L. 411-1, L. 411-2 and D. 411-2 to D.411-4, D.744-1 and D. 754-1 and D. 764-1 of the French Code monétaire et financier.

This announcement is not an advertisement and not a prospectus within the meaning of the Prospectus Regulation.

This press release has been prepared in both French and English. In the event of any differences between the two texts, the French language version shall supersede.


1 Based on an exchange rate of €1.00 = $1.2115 as published by the European Central Bank on December 10, 2020.

2 Based on an exchange rate of €1.00 = $1.2115 as published by the European Central Bank on December 10, 2020.

Nanobiotix

Communications Department

Brandon Owens

VP, Communications

+1 (617) 852-4835

[email protected]

Investor Relations Department

Ricky Bhajun

Senior Manager, Investor Relations

+33 (0)1 79 97 29 99

[email protected]

Media Relations

France – Ulysse Communication

Pierre-Louis Germain

+ 33 (0)6 64 79 97 51

[email protected]

US – Porter Novelli

Scott Stachowiak

[email protected]

+1 (212) 601 8000

KEYWORDS: France Europe

INDUSTRY KEYWORDS: Biotechnology Health Oncology

MEDIA:

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Morgan Stanley Schedules Quarterly Investor Conference Call

Morgan Stanley Schedules Quarterly Investor Conference Call

 

NEW YORK–(BUSINESS WIRE)–
Morgan Stanley (NYSE: MS) will announce its fourth quarter 2020 financial results on Wednesday, January 20, 2021, at approximately 7:30 a.m. (ET). A conference call to discuss the results will be held on January 20, 2021, at 8:30 a.m. (ET).

The call will be available at www.morganstanley.com or by dialing 1-877-895-9527 (domestic) and 1-706-679-2291 (international); the passcode is 7568822. To listen to the playback, please visit our website or dial: 1-855-859-2056 (domestic) or 1-404-537-3406 (international); the passcode is 5918876.

Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.

Media Relations: Wesely McDade, 212.761.2430

Investor Relations: Sharon Yeshaya, 212.761.1632

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Schnitzer Steel Releases Fiscal Year 2020 Sustainability Report

Schnitzer Steel Releases Fiscal Year 2020 Sustainability Report

Strong Progress on Multi-Year Sustainability Goals

Enhanced Target to Achieve Goal of 100% Net Carbon-Free Electricity Use by End of Fiscal 2022

PORTLAND, Ore.–(BUSINESS WIRE)–
Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of the largest manufacturers and exporters of recycled metal products in North America, today announced the release of its Fiscal 2020 Sustainability Report, “Resourceful. Responsible. Resilient.” The report is available on Schnitzer’s website and highlights the Company’s commitment to creating a lasting positive impact for our people, customers, suppliers and communities across all our operations while delivering long-term value to shareholders.

“There is no playbook for a year like this past one, but there is certainly a legacy at our Company of facing challenges head-on and successfully navigating through the toughest of times. Schnitzer and our stakeholders are meeting the challenges of our time because of several key strengths we have developed over the years. In our Fiscal 2020 Sustainability Report, we share the importance of each of these strengths—not only for today, but also for the future,” commented Tamara Lundgren, Chairman and Chief Executive Officer.

Our Sustainable Business Model

By recycling scrap metal, the Company is diverting millions of tons of materials each year that might otherwise be destined for landfills. Schnitzer’s metals recycling facilities process scrap metal, including 4 million tons of ferrous scrap and 551 million pounds of nonferrous scrap in fiscal 2020, which reduces the need for intensive mining of virgin materials. The Company’s Pick-N-Pull facilities recycle end-of-life vehicles while also providing affordable, used auto parts to consumers. In addition, its Cascade Steel Mill uses scrap metal as its primary raw material to produce finished steel products that find new life in the construction of vital infrastructure and other projects to improve the quality of life for our communities.

“In countries around the world, the long-term demand for ferrous and nonferrous recycled metals is underpinned by several trends that are gaining increasing importance and relevance. Low-carbon economies are widely acknowledged as more metal-intensive economies,” said Tamara Lundgren. “As countries transition to lower-carbon economies and as the number of electric arc furnace (EAF) steel mills operating in both the U.S. and globally continue to grow, the need for metals, especially recycled metals, is expected to increase for many years to come,” she added.

Strong Progress on Multi-Year Sustainability Goals

As part of the execution of Schnitzer’s long-term sustainability strategy, the Company established multi-year sustainability goals last year focused on remaining at the forefront of positive change in the industry. The Company’s sustainability goals track progress in the areas of People, Planet and Profit and are aligned with Schnitzer’s long-term business success. The Fiscal 2020 Sustainability Report provides a progress update on the Company’s path to achievement of these multi-year goals.

“Despite the challenges of the past year, Schnitzer’s progress against our ambitious sustainability goals remains strong,” commented Brian Lewallen, Chief Sustainability Officer & Assistant General Counsel. “We have made significant progress this year in several areas, including a 15% reduction in greenhouse gas emissions at our recycling operations. We are proud that we also exceeded our 90 percent carbon-free electricity goal well before the end of fiscal 2025, which enables us to set an enhanced sustainability goal to achieve 100 percent net carbon-free electricity use by the end of fiscal 2022,” he added.

“In addition to our sustainability goals focused on positively impacting our employees, communities and the environment, we are also focused on delivering growth in profitability. As our stakeholders continue to communicate their focus on sustainability, we are expanding our recycling products and services and proactively working with companies and communities to support their efforts to reduce their carbon footprint and improve the environmental impact of their activities,” said Tamara Lundgren. “We are also pleased with the continued strong improvement in our safety performance. Our recordable incident rate in fiscal 2020 was the lowest and best rate recorded in our Company’s history and follows fiscal 2019, which was our previous best,” she added.

The report is cross-referenced against the Sustainability Accounting Standards Board (SASB) Index. This is the second year that Schnitzer is disclosing information under SASB’s framework, which focuses on financially material, market-informed and industry-specific sustainability information.

About Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 23 states, Puerto Rico and Western Canada. Schnitzer has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive approximately 5 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. The Company began operations in 1906 in Portland, Oregon.

Media Relations

Colin Kelly, 781-873-1665

[email protected]

Investor Relations

Michael Bennett, 503-232-2811

[email protected]

Company Info

www.schnitzersteel.com

[email protected]

KEYWORDS: Oregon United States North America

INDUSTRY KEYWORDS: Manufacturing Environment Steel

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KNOT Offshore Partners LP Announces Acquisition of Tove Knutsen

KNOT Offshore Partners LP Announces Acquisition of Tove Knutsen

Seven-year fixed-rate time charter with Equinor Shipping extends long-term contract and distribution coverage

ABERDEEN, Scotland–(BUSINESS WIRE)–
KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire KNOT Shuttle Tankers 34 AS, the company that owns the shuttle tanker, Tove Knutsen, from Knutsen NYK Offshore Tankers AS (“KNOT”) (the “Acquisition”). The purchase price of the Acquisition is $117.8 million, less $93.1 million of outstanding indebtedness and will be financed on a non-dilutive basis using cash on hand and borrowings under KNOP’s existing revolving credit facility.

The Tove Knutsen is a 153,000-deadweight ton DP2 Suezmax class shuttle tanker, built by Hyundai Heavy Industries and delivered in September 2020. The vessel is operating in Brazil under a seven-year time charter with Equinor Shipping Inc., providing fixed-rate firm employment through to at least the fourth quarter of 2027. The charterer has options to further extend the charter for up to 13 additional years. On closing, the Tove Knutsen will become the Partnership’s seventeenth vessel.

The Acquisition was approved by the Partnership’s Board and independent Conflicts Committee (who were supported by an outside independent financial advisor), and the Acquisition is expected to close by December 31, 2020, subject to customary closing conditions.

New $25 Million Revolving Credit Facility

The Partnership also announced that it has entered into a new $25 million revolving credit facility (the “Facility”) with Shinsei Bank, Limited. The Facility will be available to the Partnership until November 2023 and can be prepaid at any time. The margin payable on the Facility is lower than the Partnership’s current average margin of 2.1% over LIBOR.

Outlook

Gary Chapman, CEO of the Partnership, commented, “We are pleased to return to growth with a dropdown that materially strengthens KNOP’s long-term contract coverage and provides a further layer of stability and support for our consistent distribution without diluting our existing equity. The cashflow from this newly acquired vessel provides significant forward visibility and will help support distribution coverage for our unitholders in the years ahead. We are also proud to welcome Shinsei Bank to our lender group, further diversifying our access to capital with the addition of another leading Japanese financial institution.”

“Beyond our recent Q3 earnings release we have no further developments to report on the Windsor Knutsen or the Bodil Knutsen, with the current firm charter on the Bodil Knutsen running to around May 2021. Looking forward, with visibility on large, multi-year oil major capex commitments principally in offshore Brazil and the North Sea, a global orderbook for new shuttle tankers that is fully contracted and high barriers to entry for any potential new competitors, we believe that the Partnership is well positioned to benefit from the long-term growth prospects in this niche market segment where KNOP and our sponsor, KNOT, are together the market leader.”

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP.”

Forward-Looking Statements

This press release contains certain forward-looking statements concerning future events and the Partnership’s operations, performance and financial condition. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words “believe”, “anticipate”, “expect”, “estimate”, “project”, “will be”, “will continue”, “will likely result”, “plan”, “intend” or words or phrases of similar meanings. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the Partnership’s control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to:

  • the Partnership’s ability to consummate the Acquisition on a timely basis or at all, and to integrate and realize the expected benefits from the Acquisition;
  • the Partnership’s ability to make or increase distributions on its common units and to make distributions on its Series A Convertible Preferred Units and the amount of any such distributions;
  • the Partnership’s ability to implement its growth strategies and other plans and objectives for future operations;
  • the Partnership’s future revenues, expenses, financial condition and results of operations;
  • the financial condition of the Partnership’s existing or future customers and their ability to fulfill their charter obligations;
  • the Partnership’s ability to acquire additional vessels from KNOT;
  • the Partnership’s ability to make additional borrowings and to access debt and equity markets; and
  • other factors listed from time to time in the reports and other documents the Partnership files with the United States Securities and Exchange Commission.

All forward-looking statements included in this release are made only as of the date of this release. New factors emerge from time to time, and it is not possible for the Partnership to predict all of these factors. Further, the Partnership cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. The Partnership does not intend to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Partnership’s expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based.

KNOT Offshore Partners LP

Gary Chapman

Chief Executive Officer and Chief Financial Officer

Email: [email protected]

Tel: +44 1224 618 420

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Maritime Energy Transport Oil/Gas

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