Vishay Intertechnology High Precision Position Sensor Receives 2020 China IoT Innovation Award From Elecfans

RAMK060 Rotational Absolute Magnetic Encoder Delivers Robust, High Resolution Performance

MALVERN, Pa., Dec. 17, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its RAMK060 rotational absolute magnetic kit encoder has been recognized by industry magazine Elecfans with a 2020 China IoT Innovation Award in the “Sensor Technology” category.

Now in its fifth year, the China IoT Innovation Awards recognize products and technologies introduced over the past year that have delivered a far-reaching impact on the IoT industry. Finalists are determined by online voting, with Elecfans editors and industry experts voting to select the winners. This year Vishay’s RAMK060 high precision position sensor was recognized for offering designers more robust performance than existing absolute encoders and better resolution and accuracy than traditional Hall effect sensors.

The 60 mm RAMK060 uses advanced contactless technology to achieve > 13-bit accuracy, 19-bit resolution, and > 16-bit repeatability while maintaining robustness against external magnetic fields, moisture, airborne pollution, vibration, mechanical shock, and changes in temperature. This technology architecture provides the best performance with safety guarantees. The device’s rotor + stator kit design, as well as its off-axis design (for hollow shaft mounting), slim ~6.5 mm profile, and light weight (< 55 g) make it ideal for applications where little space is available but an angular position needs to be detected with high accuracy.

The rotational absolute magnetic kit encoder’s patented design is particularly suited for applications calling for precise and repetitive motion such as arm joints for industrial robots and collaborative robots; steering wheels for automated guided vehicles; and machine tools used in printing, textile manufacturing, and milling. The key advantages of the RAMK060 in these applications include self-calibration to compensate for mechanical misalignment; built-in self-monitoring; and memorization of the last absolute position before power-off.

Award winners were announced at an awards ceremony on Dec. 4 in Shenzhen following the fifth annual China IoT Conference, hosted by Elecfans. A complete list of winners can be found at www.elecfans.com/iot/1407251.html.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech™ is a trademark of Vishay Intertechnology.

Vishay on Facebook:
http://www.facebook.com/VishayIntertechnology

Vishay Twitter feed:
http://twitter.com/vishayindust

Share it on Twitter: http://twitter.com/intent/tweet?text=.@vishayindust high precision position sensor receives 2020 China IoT Innovation Award From Elecfans. Vishay’s RAMK060 rotational absolute magnetic kit encoder has been recognized for delivering robust, high resolution performance. #ChinaIoTConfernece – https://bit.ly/386bueg

Link to DNA of Tech image:

https://www.flickr.com/photos/vishay/50342588442/sizes/l/

For more information please contact:

Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]



CVIAQ, CVIA Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Covia Holdings Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (“Covia” or “the Company”) (OTC: CVIAQ) (NYSE: CVIA) (NYSE: FMSA) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Covia securities between March 15, 2016 to June 29, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/cviaq.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants 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 review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/cviaq or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Covia you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]



CarMax Named Official Auto Retailer of the NBA and WNBA

CarMax Featuring NBA and WNBA Talent in “Call Your Shot” Content Series, Including Sue Bird, Stephen Curry, Zach LaVine and Kelly Oubre Jr.

Richmond, Va., Dec. 17, 2020 (GLOBE NEWSWIRE) — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced a new partnership with the NBA, WNBA and Turner Sports. As part of the multiyear agreement, CarMax is now the official auto retailer of the NBA and WNBA – the first automotive retail partnership in WNBA history – as well as the presenting partner of NBA Tip-Off on TNT. 

CarMax’s inaugural season as an NBA partner will premiere on Tuesday, December 22, with TNT’s NBA Tip-Off presented by CarMax — featuring the Emmy®-Award winning studio team of host Ernie Johnson and analysts Hall of Famer Charles Barkley, two-time NBA champion Kenny Smith, and four-time NBA champion Shaquille O’Neal — followed by a doubleheader on TNT starting at 7 p.m. ET to tip off the 2020-21 NBA season.  CarMax will also see in-game exposure across TNT’s 66-game NBA regular-season broadcasts, and on NBA TV broadcasts and digital platforms, as well as on TNT’s NBA Playoff games, which culminate with the network’s exclusive presentation of the 2021 NBA Eastern Conference Finals.

The league partnership expands upon CarMax’s long-standing history of NBA team relationships, including the designation of official auto retailer sponsor of the LA Clippers, Portland Trail Blazers and Golden State Warriors.  

“CarMax has had strong partnerships with local teams in the NBA ecosystem for more than a decade and we are excited to expand our relationship and brand awareness at the league level,” said Jim Lyski, Executive Vice President and CMO at CarMax. “The NBA, WNBA and CarMax are all innovative brands dedicated to delivering an exceptional experience for fans and customers. Like CarMax, the NBA and WNBA are passionate about giving back to our local communities and we look forward to continuing to make an impact together in the years to come.”

“CarMax has been woven into the fabric of the NBA for many years through successful relationships with NBA teams,” said Dan Rossomondo, NBA Senior Vice President, Media and Business Development.  “We’re looking forward to collaborating with CarMax on a larger scale moving forward and creating unique opportunities for engagement with fans of both the NBA and WNBA.”

In CarMax’s upcoming “Call Your Shot” campaign, the company is debuting partnerships with four-time WNBA champion Sue Bird and three-time NBA champion Stephen Curry, as well as bringing back two-time AT&T NBA Slam Dunk Contest champion Zach LaVine, and newly acquired Golden State Warrior Kelly Oubre, Jr., for the second year of the content series. The “Call Your Shot” campaign highlights the parallels of players’ on-court confidence with the confidence CarMax instills in its customers. Award-winning journalist Adrian Wojnarowski is also featured in the series.

In addition to CarMax’s NBA, WNBA, TNT, and talent partnerships, The CarMax Foundation is also partnering with Stephen and Ayesha Curry’s co-founded Eat. Learn. Play. FoundationKABOOM!, and the Oakland Unified School District to build a new schoolyard at Franklin Elementary School in Oakland, California. Students at Franklin Elementary will have the opportunity to provide input for the design of the playspace, which will include a new playground, multi-sport court, and garden. The project is estimated to be completed in early 2021 and in anticipation for students’ return to in-person learning. The isolation brought on by the COVID-19 pandemic demonstrates in dramatic effect how valuable playspaces are for children and this project is an example of what’s possible when partners and communities come together to address the needs of kids, especially in times of crisis. 

For game and national-television schedules across ABC, ESPN, TNT and NBA TV for the first half of the 2020-21 NBA season, visit NBA.com, where fans can find star matchups, thrilling game action and exciting storylines across the league #OnlyHere in the NBA.

About CarMax

CarMax, the nation’s largest retailer of used cars, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. CarMax also provides a variety of vehicle delivery methods, including home delivery, contactless curbside pickup and appointments in its stores. During the fiscal year ending February 29, 2020, CarMax sold more than 830,000 used cars and more than 465,000 wholesale vehicles at its in-store auctions. CarMax has 220 stores, over 25,000 Associates, and is proud to have been recognized for 16 consecutive years as one of the Fortune 100 Best Companies to Work For®. For more information, visit www.carmax.com.

About the NBA

The NBA is a global sports and media business built around four professional sports leagues: the National Basketball Association, the Women’s National Basketball Association, the NBA G League and the NBA 2K League. The NBA has established a major international presence with games and programming available in 215 countries and territories in more than 40 languages, and merchandise for sale in more than 100,000 stores in 100 countries on six continents.  NBA rosters at the start of the 2019-20 season featured 108 international players from 38 countries and territories. NBA Digital’s assets include NBA TV, NBA.com, the NBA App and NBA League Pass.  The NBA has created one of the largest social media communities in the world, with 1.9 billion likes and followers globally across all league, team, and player platforms.  Through NBA Cares, the league addresses important social issues by working with internationally recognized youth-serving organizations that support education, youth and family development, and health-related causes.

About the WNBA

Entering its 25th season in 2021, the WNBA is a bold, progressive basketball league that stands for the power of women.  Featuring 12 teams, the W is a unique sports property that combines competition and entertainment with a commitment to diversity and inclusion and social responsibility.  Through its world-class athletes, the in-game fan experience, TV and digital broadcasts, digital and social content and community outreach programs, the league celebrates and elevates the game of basketball and the culture around it.

In 2020, the WNBA and the Women’s National Basketball Players Association (WNBPA) signed a groundbreaking eight-year CBA that charts a new course for women’s basketball – and women’s sports overall – with a focus on increased player compensation, improvements to the player experience, expanded career development opportunities and resources specifically tailored to the female professional athlete.  Key elements of the agreement are supported through the league’s new partnership platform, WNBA Changemakers. Inaugural WNBA Changemakers include AT&T, Deloitte and Nike. In addition, during the 2020 season, the WNBA and WNBPA launched the WNBA Justice Movement forming the Social Justice Council with the mission of being a driving force of necessary change and continuing conversations about race and voting rights, among other important societal issues.

For more information, visit WNBA.com. 

Attachments



Lindsey Duke, Public Relations Manager
CarMax
(855) 887-2915
[email protected]

SMICY Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Semiconductor Manufacturing International Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 8, 2021

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Semiconductor Manufacturing International Corporation (“Semiconductor” or “the Company”) (OTC: SMICY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Semiconductor securities between April 23, 2020 and September 26, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/smicy.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) there was an “unacceptable risk” that equipment supplied to SMIC would be used for military purposes; (2) SMIC was foreseeably at risk of facing U.S. restrictions; (3) as a result of restrictions by the U.S. Department of Commerce, certain of SMIC’s suppliers would need “difficult-to-obtain” individual export licenses; and (4) as a result, defendants’ public statements were materially false and/or misleading 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 review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/smicy or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Semiconductor you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]



Red River Bank purchases banking center building in Lake Charles, Louisiana

ALEXANDRIA, La., Dec. 17, 2020 (GLOBE NEWSWIRE) — Red River Bank has purchased a banking center building located at 1855 Country Club Road in Lake Charles as it continues to expand its banking operations in the Southwest Louisiana market. After all necessary regulatory approvals, Red River Bank expects to open a full-service banking center at the Country Club Road location in early 2021. This will be Red River Bank’s third banking center in the Lake Charles/Sulphur area and its 26th banking center in Louisiana.

Barry Brown is the Red River Bank Southwest Louisiana Market President and has been leading the effort to develop Red River Bank’s presence in Lake Charles/Sulphur since 2017 when the bank opened for banking operations in the area. Brown can be reached at 337-656-6511 or at [email protected].

About Red River Bank

Red River Bank is the fifth largest Louisiana-based community bank and serves customers from its 25 banking centers in and surrounding Alexandria, Shreveport/Bossier City, Baton Rouge, Lake Charles and Covington, Louisiana, and one combined loan and deposit production office in Lafayette, Louisiana. Headquartered in Alexandria, Louisiana and founded in 1999, the bank specializes in financial services and solutions for Louisiana consumers and small to mid-size businesses. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Additional information can be found at redriverbank.net.



Media Contact
Evelyn Jones, Marketing Director   
[email protected]          
Cell-318-664-1513
Office-318-561-5903

New Home Sales in Texas Remain Strong, But Begin Tightening

HomesUSA.com reports fewer Days on Market, Higher Prices, Lower Inventory

DALLAS, Dec. 17, 2020 (GLOBE NEWSWIRE) — Total new home sales in Texas were strong statewide, higher in all four of its major new home markets last month, according to a new report from HomesUSA.com. Dallas-Ft. Worth, Houston, Austin and San Antonio all saw fewer Days on Market for new homes sold in November, and for the first time this year, pending sales were lower, indicating tightening inventory.

The HomesUSA.com report is based on data from the North Texas Real Estate Information Systems, Houston Association of REALTORS, Austin Board of REALTORS Multiple Listing Services and San Antonio Board of REALTORS.

“Texas new home sales continue to impress,” said Ben Caballero, owner of HomesUSA.com and a current Guinness World Record title holder. “However, the rapid sales pace has caused inventory to decline and fewer pending sales and listings are occurring. Builders simply can’t build homes fast enough to meet the remarkable demand.”

For the last twelve months straight, the sales velocity of new homes improved with average Days on Market (DOM) dropping to 96.82 days in November from 99.22 days in October, based on the 12-month moving average. In January, the statewide DOM average was 107.04 days. “New homes DOM averages 60 days higher than resale because most are listed in MLS before construction is complete,” he added.

New home sales in November were higher statewide and in the state’s biggest new home markets including Dallas-Fort Worth, Houston, Austin and San Antonio. According to the 12-month moving average, Texas new home sales in November were 4,434 versus 4,380 in October.

HomesUSA.com notes that pending sales and active listings both showed the continued tightening of inventory. The 12-month average of pending sales declined in November to 5,185 versus 5,424 in October. Active new home listings were down statewide in November to 18,345 versus 18,824 in October.

The average new home price statewide in November rose to $358,050 versus $356,833 in October. New home prices last month were higher in Dallas-Ft. Worth, Austin and San Antonio. Houston reported a marginally lower average home price for November.

Caballero is sharing this new homes report in advance of the release by the Commerce Department of its nationwide New Residential Sales report for November set for Wednesday, December 23, at 10:00 am Eastern.

Days on Market – New Homes in Texas (Exclusive Data)

New homes sold faster statewide last month as Days on Market dropped for new homes sales in Dallas-Ft. Worth, Houston, Austin and San Antonio. According to the HomesUSA.com New Home Sales Index, the DOM for Dallas-Ft. Worth was 91.62 days in November versus 93.81 days in October. In Houston, the DOM was 109.02 days in November versus 111.71 days in October. Austin’s DOM was 87.43 days in November versus 90.50 days in October. In San Antonio, the DOM was 91.26 days in November versus 93.08 days in October. (See Chart 1: Texas New Homes Days on Market)

Texas New Home Sales Data

Sales of new homes were strong statewide and in all four major markets, according to the 12-month moving averages. In Dallas-Ft. Worth, November sales totaled 1,564 versus 1,551 in October. Houston posted November sales totaling 1,499 versus 1,468 in October, while San Antonio November sales totaled 642 versus 631 in October. Austin’s November sales were up marginally, totaling 730 versus 729 in October. (See Chart 2: Texas New Home Sales)

Texas New Home Prices

In three of the state’s four biggest new homes markets — Dallas-Ft. Worth, Austin and San Antonio — the 12-month moving average price was higher. Dallas-Ft. Worth reported its average price was $373,128 in November versus $370,546 in October. Austin’s average price was $397,504 in November versus $394,956 in October. In San Antonio, the average price was $299,321 in November versus $298,459 in October. In Houston, the average new home price was $348,181 in November versus $348,455 in October. (See Chart 3: Texas New Home Prices)

Texas Sales-to-List Price Ratio

Sales prices as a percent of their list prices were stable again last month. The 12-month moving average of the November sales-to-list price ratio for new homes statewide was 98.197 percent of the asking price versus 98.152 percent in October. In Dallas-Ft. Worth, it was 98.079 percent in November versus 98.026 percent in October. In Houston, it was 97.881 percent in November versus 97.811 percent in October. The Austin ratio was 98.896 percent in November versus 98.848 percent in October, and San Antonio’s ratio was 98.465 percent last month versus 98.477 percent in October. (See Chart 4: Texas Sales-to-List Price Ratio)

Texas Pending New Homes Sales Data

Last month, the 12-month rolling average for pending new home sales were lower statewide for the first time in 2020. All of the state’s top new home markets reported lower average pending sales. In Dallas-Ft. Worth, last month pending sales were 1,842 versus 1,924 in October. In Houston, November’s pending sales were 1,773 versus 1,850 in October. In Austin, it was 771 in November versus 819 in October, and in San Antonio, it was 799 in November versus 831 in October. (See Chart 5: Texas Pending New Home Sales)

Texas Active Listings for New Homes

The 12-month rolling average for active listings new home sales fell across the board in November. Dallas-Ft. Worth reported 6,568 last month versus 6,762 in October and in Austin, it was 3,401 in November versus 3,518 in October. In Houston, November’s Active Listings were 8,375 versus 8,543 in October. (There is no data currently available for San Antonio) (See Chart 6: Texas Pending New Home Sales)

About the HomesUSA.com New Home Sales Index

The HomesUSA.com Index is a 12-month moving average of the Days on Market (DOM) for new homes listed in the local Multiple Listing Services (MLSs) for the four largest Texas markets, including Dallas-Ft. Worth, Houston, Austin, and San Antonio. Created by Ben Caballero, founder and CEO of HomesUSA.com, it is the first index to track Texas’ new home market specifically.

About Ben Caballero and HomesUSA.com®

Ben Caballero, founder and CEO of HomesUSA.com, holds the current Guinness World Record title for “Most annual home sale transactions through MLS by an individual sell side real estate agent.” Ranked by REAL Trends as America’s top real estate agent for home sales since 2013, Ben is the most productive real estate agent in U.S. history. He is the only agent to exceed $1 billion in residential sales transactions in a single year, a feat first achieved in 2015 and repeated each year through 2018, when he achieved more than $2 billion. An award-winning innovator and technology pioneer, Ben works with more than 60 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. His podcast series is available on iTunes and Google Play. An infographic illustrating Ben’s sales production is here. Learn more at HomesUSA.com |Twitter: @bcaballero – @HomesUSA | Facebook: /HomesUSAdotcom.

Note for journalists: You may contact Ben Caballero directly on his cell at (214) 616-9222 or by email at


[email protected]


.

“REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.”

Media Contact:

Kevin Hawkins
(206) 866-1220
[email protected]


Image:

Ben Caballero


https://www.homesusa.com/wp-content/uploads/2016/06/L-38017_bcaballero_photo.jpg


Individual Chart images:

Chart 1: Texas New Homes Tracking – Days on Market – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-1-Texas-Days-on-Market.jpg

Chart 2: Texas New Home Sales – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-2-Texas-New-Home-Sales.jpg

Chart 3: Texas New Home Sales Prices – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-3-Texas-New-Home-Prices.jpg

Chart 4: Texas Sales-to-List-Price Ratio – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-4-Texas-Sales-to-List-Price-Ratio.jpg

Chart 5: Texas Pending New Home Sales – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-5-Texas-Pending-New-Home-Sales.jpg

Chart 6: Texas Active Listings for New Homes – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-6-Texas-Active-Listings.jpg

Chart 7: Texas 3-Month Rolling Averages – New Homes – November 2020:
https://homesusa.com/wp-content/uploads/2020/12/Chart-7-3MonthChart-DataOnly.jpg

 



Servus Credit Union earns 2020 Minister’s Seniors Service Award

EDMONTON, Alberta, Dec. 17, 2020 (GLOBE NEWSWIRE) — On Tuesday, December 15, Servus was honoured to receive the Government of Alberta’s Minister’s Seniors Services Award in the business category.

Since 1998, the Awards have celebrated individuals and organizations who support seniors, lead the way for improved services and contribute to strong communities. In 2020, the Awards featured new categories to recognize those who demonstrated leadership and compassion in serving Alberta seniors during the COVID-19 pandemic.

Servus earned this award for the senior-specific outreach program they conducted throughout the COVID-19 pandemic.

“As we made plans to help our members, we knew our senior members were going to be significantly impacted,” explained Dion Linke, Chief Operating Officer for Servus. “These are individuals who were considered to be at highest risk from the virus, but who also tend to come into our branches to complete their day-to-day banking needs.”

To mitigate these impacts, Servus launched their COVID-19 Seniors Call Program, in which a dedicated group of Servus employees called senior members who had time-sensitive banking coming up that might normally prompt them to visit a branch. Through the program, Servus was able to help nearly 4,000 senior members from April until early July.

“Once we started this program, we quickly discovered that it was about way more than just helping seniors with their banking,” said Mr. Linke. “Human interaction to help ease the feelings of isolation and simply manage the challenges the pandemic brought on for them was something our team found to be a really important part of their work.”

In addition to supporting senior members with their banking needs, here are a few examples of what Servus employees did to help seniors:

  • Arranging delivery for food, postage stamps, and cheques.
  • Scheduling follow-up phone ‘coffee dates’ with members who were having a difficult time with isolation.
  • Initiating monthly follow-up calls to help certain members pay bills because they weren’t comfortable coming into a branch or using online banking.
  • Waiving e-transfer fees to help members better manage their money online.
  • Branches making donations to local grocery delivery programs for seniors.

“In the middle of a pandemic, Servus Credit Union made it their mission to keep seniors safe, connected and supported,” said Josephine Pon, Minister of Seniors and Housing. “Servus had a profound impact by making a simple yet critical change to their business model that put seniors first during this difficult time. My deepest congratulations to everyone who was involved in this meaningful program.”

About Servus Credit Union Ltd.

At Servus Credit Union we’re building a better world, one member at a time. We’ve been shaping the financial fitness of Albertans for 80 years with a full line of secure financial services. We help members manage their money wherever they are through 101 branches in 59 communities; online, mobile and telephone banking; and 1900 no-fee ATMs across Canada. We re-invest our profits in our members and the communities we serve. For more information, call 1.877.378.8728 or visit servus.ca.

For more information contact:

Amanda LeNeve

Manager, Media & Member Engagement
Servus Credit Union
T: 587.920.9158
Email: [email protected]

www.facebook.com/servuscu
www.twitter.com/servuscu



SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating IAC/InterActiveCorp for Potential Breaches of Fiduciary Duty By Its Board of Directors

PR Newswire

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of IAC/InterActiveCorp (NASDAQ: IAC).

If you are a shareholder of IAC/InterActiveCorp and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:

http://pjlfirm.com/iacinteractivecorp

You may also contact Robert H. Lefkowitz, Esq. either via email at [email protected] or by telephone at 212-725-1000.  One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com.   Attorney advertising. Prior results do not guarantee a similar outcome. 

Cision View original content:http://www.prnewswire.com/news-releases/shareholder-alert-purcell-julie–lefkowitz-llp-is-investigating-iacinteractivecorp-for-potential-breaches-of-fiduciary-duty-by-its-board-of-directors-301195320.html

SOURCE Purcell Julie & Lefkowitz LLP

Director/PDMR Shareholding

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

December 17, 2020

Royal Dutch Shell plc (the “Company”) has been notified that following the payment of the interim dividend on December 16, 2020 in respect of the third quarter of 2020, the following Persons Discharging Managerial Responsibilities (“PDMRs”) acquired notional dividend shares under the Long-term Incentive Plan (“LTIP”), as set out below. Details of the LTIP can be found in the Royal Dutch Shell plc Annual Report and Form 20-F ended December 31, 2019 (www.shell.com/annualreport).

PDMR Date Acquired Share Type Number of notional dividend shares acquired Price per Share
Ben van Beurden 16 December 2020 RDSA 5,836.44  EUR 15.60
Jessica Uhl 16 December 2020 RDS.A 1,566.83  USD 37.83
Harry Brekelmans 16 December 2020 RDSA 1,647.35  EUR 15.60
Ronan Cassidy 16 December 2020 RDSB 1,455.88  GBP 13.58
Donny Ching 16 December 2020 RDSA 1,228.03  EUR 15.60
Wael Sawan 16 December 2020 RDSA 1,623.67  EUR 15.60
Huibert Vigeveno 16 December 2020 RDSA 979.03  EUR 15.60
Maarten Wetselaar 16 December 2020 RDSA 1,647.35  EUR 15.60

The Notification of Dealing Form for each PDMR can be found below.

This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

Anthony Clarke
Deputy Company Secretary

ENQUIRIES

Shell Media Relations
International, UK, European Press: +44 20 7934 5550

LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70
Classification: Additional regulated information required to be disclosed under the laws of a Member State.

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Ben
Last Name(s) van Beurden
2. Reason for the notification
Position/status Chief Executive Officer
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 5,836.44
Total 91,048.46
Aggregated information

Volume

Price

Total
 

5,836.44
15.60
91,048.46

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Jessica
Last Name(s) Uhl
2. Reason for the notification
Position/status Chief Financial Officer
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A American Depository Shares (RDS.A)
Identification Code US7802592060
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency USD
Price 37.83
Volume 1,566.83
Total 59,273.18
Aggregated information

Volume

Price

Total
 

1,566.83
37.83
59,273.18

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Harry
Last Name(s) Brekelmans
2. Reason for the notification
Position/status Projects & Technology Director
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 1,647.35
Total 25,698.66
Aggregated information

Volume

Price

Total
 

1,647.35
15.60
25,698.66

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Ronan
Last Name(s) Cassidy
2. Reason for the notification
Position/status Chief Human Resources & Corporate Officer
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument B ordinary shares of €0.07 each
Identification Code GB00B03MM408
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency GBP
Price 13.58
Volume 1,455.88
Total 19,770.85
Aggregated information

Volume

Price

Total
 

1,455.88
13.58
19,770.85

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Donny
Last Name(s) Ching
2. Reason for the notification
Position/status Legal Director
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 1,228.03
Total 19,157.27
Aggregated information

Volume

Price

Total
 

1,228.03
15.60
19,157.27

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Wael
Last Name(s) Sawan
2. Reason for the notification
Position/status Upstream Director
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 1,623.67
Total 25,329.25
Aggregated information

Volume

Price

Total
 

1,623.67
15.60
25,329.25

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Huibert
Last Name(s) Vigeveno
2. Reason for the notification
Position/status Downstream Director
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 979.03
Total 15,272.87
Aggregated information

Volume

Price

Total
 

979.03
15.60
15,272.87

Date of transaction 16/12/2020
Place of transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
First Name(s) Maarten
Last Name(s) Wetselaar
2. Reason for the notification
Position/status Integrated Gas and New Energies Director
Initial notification/ amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity Royal Dutch Shell plc
Legal Entity Identifier code 21380068P1DRHMJ8KU70
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of the financial instrument A ordinary shares of €0.07 each
Identification Code GB00B03MLX29
Nature of the transaction Acquisition of notional dividend shares under the LTIP
Currency EUR
Price 15.60
Volume 1,647.35
Total 25,698.66
Aggregated information

Volume

Price

Total
 

1,647.35
15.60
25,698.66

Date of transaction 16/12/2020
Place of transaction Outside a trading venue



SNC-Lavalin solution for modular social housing, chosen to be part of developer led framework in the UK

Canada NewsWire

MONTREAL, Dec. 17, 2020 /CNW Telbec/ – SNC-Lavalin (TSX: SNC) today announces that EDAROTH—a wholly owned subsidiary of SNC-Lavalin—has been named as part of the announcement of a new £47bn developer led framework in the United Kingdom.

EDAROTH (Everybody Deserves A Roof Over Their Head) offers development management, design and engineering expertise, and the latest off-site manufacturing techniques, which enable:

  • 50% faster build than traditional home development
  • 50% reduction in heating costs
  • Net zero carbon emissions
  • Reclaiming of brownfield sites for local communities

“EDAROTH is an example of how innovation and technology can enable us to provide better infrastructure solutions to our clients and communities. We developed this innovative solution having identified a trend in social and economic issues related to the future lack of affordable housing,” said Ian L. Edwards, President and CEO, SNC-Lavalin Group Inc. “At the core of EDAROTH are digitally enabled, modern methods of assembly, that can be adapted to help people across the world.   We are able to take brownfield sites in need of regeneration and create living spaces to help governments and local authorities meet housing needs in a sustainable and efficient way. With the World Economic Forum forecasting that 2 billion new homes are needed globally by the end of this century, we see great potential in this offering and are working to revitalize communities everywhere.”

Under this framework, with public sector framework provider PABAGO, EDAROTH will have the opportunity to bid for developments of residential schemes across the UK—including projects which transform publicly owned brownfield and underutilized land in existing communities—to create truly affordable homes in areas where they are most needed.

 ”A shortage of affordable housing continues to affect communities, cities and individuals all over the world, and it’s a problem which will only be solved through innovation and new ways of working,” said Philip Hoare, President, Atkins, Engineering, Design & Project Management, SNC-Lavalin. “We are proud of our place on this framework, which gives us a great opportunity to deliver homes over and above what is already possible, and to further develop EDAROTH’s offering to public sector clients.”

Once developments are completed, the public sector retains land ownership giving them essential facilities and a long-term revenue stream to bolster their finances. EDAROTH unveiled its first completed social housing development in February 2020, and has already been successful in securing a place on a $1.7bn housing framework to provide services.


About SNC-Lavalin


Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset lifecycle. Our expertise is wide-ranging—consulting & advisory, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and sustaining capital—and delivered to clients in four strategic sectors: EDPM (engineering, design and project management), Infrastructure, Nuclear and Resources, supported by Capital. People. Drive. Results.

www.snclavalin.com


About EDAROTH


EDAROTH (

www.edaroth.co.uk

) offers the latest modern methods of construction and cutting-edge engineering to deliver quality affordable housing at speed on local authority and regulated authority land. This approach prioritizes brownfield and under-utilized land within existing communities—which are often considered too difficult or expensive to develop—and sees the landowner typically retain the land, assets and ongoing rental income. Everyone Deserves ARoof Over Their Head.

SOURCE SNC-Lavalin