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Kingsoft Cloud to be Added to MSCI China Index

BEIJING, Nov. 30, 2020 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced that it will be included in the MSCI China Index, effective after the U.S. market close on November 30, 2020.

Kingsoft Cloud is one of only two US-listed Chinese companies selected for the MSCI China Index inclusion in this upcoming reconstitution. This is indeed a great milestone for the company and inclusion in MSCI China Index reflects company’s continued growth while enhancing its leading position as an independent cloud service provider in China.

MSCI is a leading provider of research-based indexes and analytics worldwide. The indices cover thousands of securities from different geographic sub-areas and cap sizes that have good operational results and potential. The MSCI market cap weighted indices are amongst the most respected and widely used benchmarks in the financial industry, and the MSCI China Index is widely used among institutional investors.


About Kingsoft Cloud Holdings Limited


Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China. Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud, enterprise cloud and AIoT cloud services.

For more information, please visit: http://ir.ksyun.com.


Safe Harbor Statement


This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; the relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Kingsoft Cloud’s business operations and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.


For investor and media inquiries, please contact:


Kingsoft Cloud Holdings Limited
Nicole Shan
Tel: +86 (10) 6292-7777 Ext. 6300
Email: [email protected]

Christensen
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: [email protected]



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Realfiction completes a heavily oversubscribed directed issue of units of SEK 35.8 million and issues warrants to existing shareholders

PR Newswire

STOCKHOLM, Nov. 30, 2020 /PRNewswire/ —

Not for release, publication or distribution in whole or in part, directly or indirectly, in the United States, Australia, Canada, New Zealand, Hong Kong, Japan, Singapore, South Africa, South Korea or any other jurisdiction where such release, publication or distribution would be unlawful or would require registration or any other measures. Please refer to important information at the end of the press release.

Realfiction Holding AB (“Realfiction” or the “Company”) hereby announces that the Company has carried out a directed issue of 400,000 units (the “Directed Issue”). The investors in the Directed Issue consists of Tamarind Limited and Formue Nord Markedsneutral A/S. One unit consists of five (5) shares and two (2) warrants of series TO1. Additionally, the Company has resolved to issue and allocate one (1) warrant of series TO1 to current shareholders for every twenty-two (22) shares owned on the applicable record date.

The board of directors of Realfiction has, based on the authorization given by the extraordinary general meeting on 18 November 2020, resolved on and carried out the Directed Issue. The subscription price in the Directed Issue was set to SEK 89.50 per unit, corresponding to SEK 17.9 per share. The warrants are issued free of charge. The Company will initially receive SEK 35.8 million from the Directed Issue before deduction of transaction costs.

The board of directors of Realfiction assesses, given that the Directed Issue was carried out through an accelerated book-building procedure (conducted by Mangold Fondkommission AB), that the Directed Issue has been carried out in accordance with prevailing market conditions.

The rationale for deviating from the shareholders’ preferential rights is to broaden the shareholder base, as well as the fact that a directed issue provides the opportunity to, at favorable terms, raise capital in a time- and cost-effective manner. This is in line with the assessment of the Company’s board of directors that it is in the Company’s and the shareholders’ best interest to carry out an issue with deviation from the shareholders’ preferential rights and in accordance with prevailing market conditions.

The proceeds from the Directed Issue and the warrants will be used for a continued development of the ECHO 3D technology while simultaneously continue the sales of the Company’s current mixed reality products. Realfiction’s patent pending ECHO technology holds the potential to revolutionize the flatscreen market, by solving the problem of creating mass-produced and low-cost holographic televisions and monitors in high resolution and for multi-user scenarios without the need for head borne 3D-glasses or headsets. Finding such a solution is a current focus for the leading display manufactures.

The Directed Issue entails an initial dilution of 11.1 percent of the number of shares and votes in the Company. Through the Directed Issue, the number of outstanding shares will increase by 2,000,000 from 16,011,363 to 18,011,363. The share capital will increase by SEK 200,000 from SEK 1,601,136.3 to SEK 1,801,136.3. The issue costs amount to approximately SEK 1.9 million.

The Directed Issue will be registered after the warrants of series TO1, issued to current shareholders, are registered. This entails that investors in the Directed Issue will not receive additional warrants in capacity as shareholders in the Company on the applicable record date

Warrants to current shareholders in Realfiction

The board of directors of Realfiction has also decided to issue warrants of series TO1 (same series as in the Directed Issue) to the Company, which on the record date will be granted free of charge to current shareholders in Realfiction. The warrants will, to some extent, compensate current shareholders in the Company for the dilution in the Directed Issue.

The record date for the allotment of the free of charge warrants of series TO1 will be announced as soon as it is determined. The current shareholders of Realfiction will receive one (1) warrant of series TO1 for every twenty-two (22) held shares on the record date. Round down will be applied if necessary.

Terms and information regarding warrants of series TO1

A total of 1,527,789 warrants of series TO1 will be issued, where 800,000 are allotted to investors in the Directed Issue and 727,789 to be allotted to current shareholders in the Company.

Each warrant of series TO1 will give the holder the right to subscribe for one (1) new share in Realfiction during the period from 9 November 2021 until and including 22 November 2021 to a subscription price corresponding to the following:

70 percent of the volume weighted average price of the Company’s share during the period from 25 October 2021 until and including 5 November 2021. The subscription price shall never be determined to a higher amount than SEK 26.85.

Warrants of series TO1 will, upon full exercise, provide the Company additional funds of a maximum of approximately SEK 41.0 million, based on the maximum subscription price. The actual issue amount will depend on subscription price in the Directed Issue.

Upon full exercise of the warrants of series TO1, the dilution will amount to approximately 7.8 percent, calculated in proportion to the number of shares in the Company following the registration of the new shares of the Directed Issue. Upon full exercise of warrants of series TO1, the number of outstanding shares will increase by 1,527,789 from 18,011,363 to 19,539,152 and the share capital will increase by approximately SEK 152,778.9 from approximately SEK 1,801,136.3 to approximately SEK 1,953,915.2.
 

CEO comment

“Through this directed issue, which includes warrants with an exercise period next year to potentially minimize the dilutive effect for our existing shareholders, we have now secured the funding needed to complete our ECHO 3D display technology to a point where it can be integrated into future displays targeted at consumer and enterprise audiences. Furthermore, the profiles of the two investors in this directed issue confirm the strong support we are receiving from professional and tech-savvy investors. One of them is a Danish investment fund, while the other is an investment company controlled by a tech-savvy investor who does not want to step forward just yet. This investment company also participated in the directed issue that we conducted in November 2019. I want to thank the whole Realfiction team, our global partners and all our current shareholders for your valuable contribution that has already taken us far, and I welcome all existing and new shareholders on board for the next chapter in Realfiction’s journey, with the aim of truly making our mark in the 3D history books,” says Realfiction’s CEO Clas Dyrholm.

Advisor

Mangold Fondkommission AB is the sole bookrunner and financial advisor and Eversheds Sutherland Advokatbyrå AB is the legal advisor in connection with the Directed Issue.

For more information about Realfiction Holding AB, please contact: 
Clas Dyrholm, founder and CEO 
Telephone: +45 25 22 32 81 
Email: [email protected] 
www.realfiction.com 

Certified Adviser 

Mangold Fondkommission AB is the Company’s Certified Adviser and can be contacted via [email protected] or +46 8 503 015 50.

This information is such that Realfiction Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 19:45 CET on 27 November 2020.

About Realfiction Holding AB

Founded in Denmark in 2008, Realfiction is a leading innovator and provider of Mixed Reality solutions and services, a market estimated to reach USD 80 billion by 2025. Realfiction continues to invent technologies within Mixed Reality, with an intention to disrupt the industry by pursuing the vision of converting science fiction into real fiction. Realfiction Holding AB’s share is publicly traded on Nasdaq First North Growth Market under the symbol “REALFI”. The share’s ISIN code is SE0009920994.

Important information

The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Realfiction in any jurisdiction, neither from Realfiction nor from someone else.

This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the Company. The information contained in this announcement is for background purposes only and does not purport to be full or complete.  No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. Mangold Fondkommission AB is acting for Realfiction in connection with the Directed Issue and no one else and will not be responsible to anyone other than Realfiction for providing the protections afforded to its clients nor for giving advice in relation to the Directed Share Issue or any other matter referred to herein.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.  The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, Australia, Canada, New Zealand, Hong Kong, Japan, Singapore, South Africa, South Korea or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

This press release is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. Realfiction has not authorized any offer to the public of shares or rights in any member state of the EEA and no prospectus has been or will be prepared in connection with the Directed Issue. In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation.

Forward-looking statements

This press release contains forward-looking statements that reflect the Company’s intentions, beliefs, or current expectations about and targets for the Company’s future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “may”, “plan”, “estimate”, “will”, “should”, “could”, “aim” or “might”, or, in each case, their negative, or similar expressions. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurances that they will materialize or prove to be correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this press release are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this press release or any obligation to update or revise the statements in this press release to reflect subsequent events. Undue reliance should not be placed on the forward-looking statements in this press release. The information, opinions and forward-looking statements contained in this press release speak only as at its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release, unless required by law or Nasdaq First North Growth Market regulations.

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

https://news.cision.com/realfiction/r/realfiction-completes-a-heavily-oversubscribed-directed-issue-of-units-of-sek-35-8-million-and-issue,c3245479

The following files are available for download:

 

Cision View original content:http://www.prnewswire.com/news-releases/realfiction-completes-a-heavily-oversubscribed-directed-issue-of-units-of-sek-35-8-million-and-issues-warrants-to-existing-shareholders-301181453.html

SOURCE Realfiction

Posted on

Lucerne Capital Objects To Formal Offer From Next Private To Acquire Altice Europe

Believes Structure of the Offer is Unlawful under Dutch Law and Violates the Rights of Minority Shareholders

Questions the Validity of the Fairness Opinion Provided to the Altice Europe Board of Directors by LionTree Advisors LLC

Outlines Egregious Corporate Governance Incidents Resulting in Massive Wealth Transfers from Altice Europe to Patrick Drahi

PR Newswire

GREENWICH, Conn. and AMSTERDAM, Nov. 30, 2020 /PRNewswire/ — Lucerne Capital Management (“Lucerne”), a registered investment adviser managing funds that own approximately EUR 94 million of shares of Altice Europe N.V. (ATC.AS) (“Altice Europe” or the “Company”), announced today that it has delivered a letter to the Altice Europe Board objecting to the formal all-cash offer of EUR 4.11 per share for all common shares A and common shares B of Altice Europe by Next Private B.V. (the “Offer”).   

As a long-term shareholder of Altice Europe stock, Lucerne outlines in its letter its objection to and serious concerns about the price of the Offer and Altice Europe’s historical and ongoing corporate governance practices, as well as calls into question the legality of the structure of the Offer. Below is a summary from Lucerne’s letter, the full text of which can be found here: https://hubs.ly/H0BGvMG0.   

“As you are aware, the vast majority of Altice Europe’s minority shareholders believe that the public offer is nothing more than an illicit attempt by Mr Drahi to exploit the Covid-19 pandemic to yet again transfer massive value to himself, to the detriment of the minority shareholders. For this reason, the offer is set up in a way that the minority shareholders are forced to sell their shares at a price pre-determined by Mr Drahi, regardless of their level of willingness to accept the offer price voluntarily. As it is structured in a pre-wired fashion, and as Mr Drahi already has the required majority to vote through the pre-wired restructuring measures himself, Mr Drahi is apparently hoping to push out the minorities quickly while avoiding any sort of scrutiny of the price by the courts.

Lucerne believes that this scheme is unlawful under Dutch law. It remains incomprehensible to Lucerne that the independent members of the Board, led by Mr Van Breukelen, would lend themselves to rubber stamp such an obviously improper scheme. Given the prior behaviour of the “independent” members of the Board in allowing Messrs Drahi and Weill to extract hundreds of millions of euros from the company through related party transactions and other schemes, we have serious concerns in relation to your judgment where it concerns related party transactions involving Mr Drahi. We urge you now to consider seriously our questions and concerns and to engage with us, instead of choosing to hide behind various legal and financial advisors and their opaque and increasingly incomprehensible recommendations and opinions.

The documentation published on 24 November 2020 does nothing to address the concerns voiced by the overwhelming majority of the minority shareholders. The artificial addition of the “Adverse Recommendation Change” is, in essence, meaningless, as the wording clearly shows that the Board may not make any such Adverse Recommendation Change at all, except in extremely narrow circumstances which will never materialize.

Coming up with artificial solutions which provide no actual protection for minority shareholders after the fact (even when they are “tailor-made and negotiated by the Board in light of the particularities of this Transaction”) is no substitute for the actual protections which the independent members of the Board should have agreed if they had in fact fulfilled their fiduciary duties, such as a hard acceptance threshold; Mr Drahi not being allowed to vote on items where he so clearly has a conflict of interest; and sticking to the Dutch law requirement of providing a reasonable exit opportunity for minority shareholders – which this is clearly not.

We urge the independent members of the Board to take seriously their fiduciary duties vis-à-vis the minority shareholders. If, however, the independent members of the Board are dead-set on continuing on this misguided path, you leave Lucerne and other minority shareholders with no other alternative than to request the Enterprise Chamber to order an investigation into the course of affairs and the management of Altice Europe, and to request immediate measures preventing the pre-wired restructuring measures from being brought to a vote on the 7 January 2021 EGM.”

About Lucerne Capital Management

Founded in 2000 by Pieter Taselaar, Lucerne Capital Management is an investment firm specializing in bottom up stock selection with a focus on European markets.

Contacts

Steve Bruce/Taylor Ingraham
ASC Advisors
203-992-1230

SOURCE Lucerne Capital Management

Posted on

GA Rep. Colton Moore demands Special Session to revoke Gov. Kemp’s Emergency Powers

ATLANTA and WASHINGTON, Nov. 30, 2020 (GLOBE NEWSWIRE) — Georgia State Representative Colton Moore R-GA, informed Governor Brian Kemp and Secretary of State Brad Raffensperger to turn the Georgia election review and certification over to the State Legislature. He became the first State Legislator in the United States to support such a measure within a State’s Legislative branch of government. Days later, Moore’s emergency concerns were published in the Washington Post.

Rep. Moore has since released this follow-up statement on November 30 to the 53,820 citizens he represents and the entire state of Georgia:

Citizens of Georgia,

I will support delaying the directive of Georgia’s electoral votes until allegations against Dominion Voting Systems, the unauthorized distribution of absentee ballots, and the firing of Georgia election officials in multiple counties can be cleared of reasonable suspicion.

The Governor and Secretary of State created election “laws” that were never approved by the Georgia Legislature. The Secretary of State sent absentee ballot applications out to every Georgia voter without requiring voters to meet the application eligibility standard the law sets forth. The Secretary of State broke this law, destroyed election integrity and our legislative intent they were charged with. This action has now induced this terrible situation our State is in. Georgians can judge for themselves with the laws that have existed for years.



Georgia O.C.G.A § 21-2-381


– Making of application for absentee ballot;

(C) The application shall be in writing and shall contain sufficient information for proper identification of the elector; the permanent or temporary address of the elector to which the absentee ballot shall be mailed; the identity of the primary, election, or runoff in which the elector wishes to vote; and the name and relationship of the person requesting the ballot if other than the elector.

(4)(b)(1) Upon receipt of a timely application for an absentee ballot, a registrar or absentee ballot clerk shall enter thereon the date received. The registrar or absentee ballot clerk shall determine, in accordance with the provisions of this chapter, if the applicant is eligible to vote in the primary or election involved. In order to be found eligible to vote an absentee ballot by mail, the registrar or absentee ballot clerk shall compare the identifying information on the application with the information on file in the registrar’s office and, if the application is signed by the elector, compare the signature or mark of the elector on the application with the signature or mark of the elector on the elector’s voter registration card. In order to be found eligible to vote an absentee ballot in person at the registrar’s office or absentee ballot clerk’s office, such person shall show one of the forms of identification listed in Code Section 21-2-417 and the registrar or absentee ballot clerk shall compare the identifying information on the application with the information on file in the registrar’s office.

(2) If found eligible, the registrar or absentee ballot clerk shall certify by signing in the proper place on the application and shall either mail the ballot as provided in this Code section or issue the ballot to the elector to be voted within the confines of the registrar’s or absentee ballot clerk’s office or deliver the ballot in person to the elector if such elector is confined to a hospital.

(3) If found ineligible, the clerk or the board of registrars shall deny the application by writing the reason for rejection in the proper space on the application and shall promptly notify the applicant in writing of the ground of ineligibility, a copy of which notification should be retained on file in the office of the board of registrars or absentee ballot clerk for at least one year.

This law and legislatively-approved process already existed to ensure broad participation and security of the absentee ballot voting process. Actions by the Governor’s administration violated this law and undermined all integrity of the election. Now, the Governor and Secretary want to wipe all Georgia voting systems and reset the machines to zero this week?

Resetting these machines would destroy evidence currently being sought in multiple courts and in the interest of our State’s cybersecurity defense measures and review process. To add insult to injury, the Governor certified this election with serious doubts about the integrity of the signature verification process.

Unfortunately, this situation is one where the Governor has abused his emergency powers outside the bounds of existing Georgia law. The Speaker and the Lieutenant Governor have the power to convene a Special Session.

By restricting the Legislature to act only furthers the damage if and when the Supreme Court intervenes. The inability to present a confident result, coupled with the actions of the current and previous Secretary of State, have left Georgia in the wake of three scandal-ridden General elections. This Governor’s vision for our elections is ripping us apart.

Together, with Representative Vernon Jones, Senator Brandon Beach, Senator Greg Dolezal, Senator Burt Jones, and Senator William Ligon we call for a Special Session. Without an understanding of these terminations and a review of the absentee ballot distribution that violated Georgia law, the people of Dade and Walker County demand this Special Session immediately.

We want election officials involved in DeKalb and Floyd County voting issues under oath immediately. These election officials were terminated and involved in altering thousands of votes, later corrected by their county. Americans deserve an explanation for their termination.

Let this evidence, the admission by Vice President Joe Biden, and these allegations be considered by the Georgia Legislature. If they do not rise to the bar required to further a Special Session, I would support the Georgia Legislature confirming Governor Kemp’s certification for Joe Biden to bring some peace and confidence back into our State and America. Until then, it is difficult for Citizens to have any type of faith in this election process.


Sincerely,



Rep. Colton Moore

A copy of Rep. Moore’s original emergency letter to Georgia’s Executive branch can be read on ABC’s Chattanooga affiliate website, News Channel 9.

Rep. Moore is an outgoing Representative whose term will conclude on January 20, 2021. Representative-elect Mike Cameron will fill his position. Moore ran for State Senate in Northwest Georgia in the June primary, but was narrowly defeated by Senator Jeff Mullis.

This June 2020 primary was the first statewide Georgia election to occur on the Dominion Voting Systems. At the direction of Governor Brian Kemp and Secretary Brad Raffenspurger in 2019, Walker and Catoosa Counties were among the first counties in Georgia to install the Dominion Voting Systems.

For media or citizen inquiry, you can contact Rep. Moore at 423-508-2195



Posted on

Cority Announces Partnership with European EHS and CSR Consultancy, VP&White, Enabling Best-in-Class Digital Solutions to the Global Market

Partnership enables large-scale software implementations and consulting in Europe

France, Nov. 30, 2020 (GLOBE NEWSWIRE) — Cority, the most trusted provider of EHS management software, is pleased to announce its partnership with VP&White – a major European consultancy providing Environmental, Health and Safety (EHS) and Corporate Social Responsibility (CSR) software implementations and support.

For the past 11 years, VP&White has established itself in the European market as a leading EHS solutions implementations provider, working with over 120 clients, and successfully conducting over 400 implementations. Cority and VP&White have been working together on significant projects over the past several years, including offering support to a world-famous luxury goods manufacturing company, multinational automotive manufacturer, major telecoms provider, a large global construction company, amongst others.

The partnership with Cority will bring clients an additional level of business expertise on EHS and CSR reporting, including support for digital transformation, data migrations, training, management of change, and application management. In addition, this partnership further extends Cority’s ability to serve its growing list of global clients through the end-to-end digitization process.

“VP&White has a strong reputation in the market for providing excellent support and services to major multinational companies in France and wider Europe. We are thrilled to deepen our existing partnership to continue to provide long-term, efficient, and effective support to our current and future enterprise-level clients,” said Tjeerd Hendel-Blackford, International Sales Manager, Cority. “The Cority team already works hand-in-hand with VP&White consultants on a number of projects and the interactions are always mutually beneficial for our teams and global clients. Our solid, expert-led joint approach brings guaranteed success to client projects and we look forward to extending our joint services into CSR initiatives.”  

“We strive to bring the best solutions to our customers, and our partnership with Cority allows us to complement our EHSQ offering with a market-leading solution,” said Nicolas Perrin, Director at VP&White. “We believe that the best-in-class capabilities of Cority’s solution will be an asset in addressing EHSQ issues and are confident that the close collaboration between the teams will guarantee success for our customers.”

About Cority

Cority is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure true SaaS platform. With 35 years of innovation and experience, Cority’s team of nearly 400 experts serve more than 1,300 clients in 100 countries. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance. To learn more, visit www.cority.com.

About VP&White

VP&White specialize in the implementation of full web solutions to optimize operational performance. Since 2006, VP&White have been offering reliable and scalable digital solutions tailored to customers’ needs. From offices in Paris and Lyon, the team of experts in CSR, QHSE, Risk Management, Real Estate and Operational Performance has completed over 400 projects in more than 10 countries across Europe and North America. For more information about VP&White, please visit www.vpwhite.com



Cority Software Inc.
[email protected]

Posted on

Total number of shares and voting rights in Zealand Pharma at November 30, 2020

Company announcement – No. 57 / 2020

Copenhagen, November 30, 2020 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, in accordance with Section 10 of the Danish Statutory Order on Issuers’ Disclosure Obligations, announces the total number of shares and voting rights in the Company at the end of a calendar month during which there have been changes to its share capital. 

In Company announcement No. 55/2020 from November 20, 2020, Zealand announced an increase in share capital relating to the exercise of employee warrants. Following this announcement, the table below lists the total number of shares and voting rights in Zealand up to and including November 30, 2020.

 

Date

Number of shares

(nominal value of DKK 1 each) 		Share capital

(nominal value in DKK) 		Number of voting rights
November 30, 2020 39,794,956 39,794,956 39,794,956

# # #

About Zealand Pharma A/S

Zealand Pharma A/S (Nasdaq: ZEAL) (“Zealand”) is a biotechnology company focused on the discovery, development and commercialization of innovative peptide-based medicines. More than 10 drug candidates invented by Zealand have advanced into clinical development, of which two have reached the market. Zealand’s robust pipeline of investigational medicines includes three candidates in late stage development, and one candidate being reviewed for regulatory approval in the United States. Zealand markets V-Go®, an all-in-one basal-bolus insulin delivery option for people with diabetes. License collaborations with Boehringer Ingelheim and Alexion Pharmaceuticals create opportunity for more patients to potentially benefit from Zealand-invented peptide therapeutics.

Zealand was founded in 1998 in Copenhagen, Denmark, and has presence throughout the U.S. that includes key locations in New York, Boston, and Marlborough (MA). For more information about Zealand’s business and activities, please visit www.zealandpharma.com.  

Forward-Looking Statement

The above information contains forward-looking statements that provide Zealand Pharma’s expectations or forecasts of future events. Such forward-looking statements are subject to risks, uncertainties and inaccurate assumptions, which may cause actual results to differ materially from expectations set forth herein and may cause any or all of such forward-looking statements to be incorrect. If any or all of such forward-looking statements prove to be incorrect, our actual results could differ materially and adversely from those anticipated or implied by such statements. All such forward-looking statements speak only as of the date of this release and are based on information available to Zealand Pharma as of the date of this release.

For further information, please contact:

Mads Kronborg
Head of Investor Relations & Communication
Phone: +45 5060 3707
Email: [email protected]

For U.S. Media

David Rosen
Argot Partners
Phone: 212-600-1902
Email: [email protected]

Attachment



Posted on

Itaú Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation

Itaú Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation

Latin America’s largest bank leverages the breadth and depth of AWS to increase agility and efficiency, enhance its security posture, and accelerate delivery of customer-centric financial services

Itaú Unibanco will train thousands of employees in advanced cloud skills to empower innovation throughout its lines of business, including Rede, one of the largest electronic payments providers in Brazil

SEATTLE–(BUSINESS WIRE)–
Today, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Itaú Unibanco Holding (NYSE: ITUB), Latin America’s largest bank, has selected AWS as its long-term strategic cloud provider. Itaú Unibanco will leverage the world’s leading cloud to accelerate its digital transformation and enhance the banking experience for its 56 million customers around the world. As part of the 10 year deal, which expands on the bank’s existing relationship with AWS, Itaú Unibanco will move the majority of its IT infrastructure off mainframes and out of its on-premises data centers to the cloud. Itaú Unibanco will also migrate its core banking platforms, call center solutions, online, and mobile banking applications to AWS, creating a more flexible and efficient technology architecture that will help the bank to introduce new customer-facing services faster with lower operating costs. In addition, the bank will leverage AWS’s proven infrastructure and breadth and depth of services, including capabilities for analytics, machine learning, serverless, containers, managed database, compute, storage, and security, to gain agility and insights, helping it pursue new lines of business, develop new applications, and ensure security and regulatory compliance. The bank also plans to upskill thousands of its employees, expanding on the 1,300 professionals the company has already trained in advanced cloud technologies, to put new customer service ideas into development faster.

Itaú Unibanco is expanding its use of AWS’s comprehensive portfolio of capabilities across its banking, credit cards, and insurance lines of business, as well as throughout its subsidiaries, such as Rede, one of the largest electronic payment solution providers in Brazil. The bank leverages Amazon Elastic Compute Cloud (Amazon EC2) to provide secure, scalable compute capacity for Pix, Brazil’s first nationwide digital instant payment platform that helps reduce reliance on cash and credit card-based transactions. Similarly, Itaú Unibanco uses Amazon Elastic Container Service (Amazon ECS) and AWS Lambda (AWS’s serverless computing service), to quickly launch and scale new financial services offerings, including iti, the bank’s free digital account platform that allows users to scan QR codes to easily and securely pay for products and services and transfer funds. By modernizing Credicard, one of Brazil’s largest credit card platforms, on AWS Itaú Unibanco can create a digital payment and banking platform that can easily incorporate new features to meet evolving customer needs. Looking ahead, Itaú will migrate off legacy databases to AWS’s cloud-native databases, such as Amazon Aurora (AWS’s relational database) and Amazon DynamoDB (AWS’s key-value database that delivers single-digit millisecond performance at any scale with built-in encryption and data recovery) to quickly, reliably, and securely process financial transactions and build new applications that feature microservices architectures to support scalability and simplify updates.

Itaú Unibanco is also leveraging AWS analytics and machine learning technologies to gain deeper insights into its customers’ banking needs and deliver more personalized experiences. For instance, the bank is using Amazon SageMaker (AWS’s service that enables data scientists and developers to build, train, and deploy machine learning models quickly) to identify patterns in individual customer’s banking habits and then use that information to help the bank’s customer service chatbots proactively offer assistance and deliver faster and more precise answers to customer questions. Itaú Unibanco is creating a company-wide machine learning platform on AWS to further expand innovation, automate workflows, and generate predictive insights.

“Banking is all about delivering value to customers and AWS helps us improve the time to value in every aspect of our business while expanding the benefits of digital payments to our customers. We are pursuing a complete digital transformation on AWS, moving off legacy mainframe technology, and using its portfolio of services to gain insights and agility that will make us even more responsive to our customers’ needs. At the same time, we’re investing in our employees, training them in the most advanced cloud technologies so that they can continuously innovate on behalf of the individuals and businesses we serve,” said Candido Bracher, CEO of Itaú Unibanco. “We chose AWS because of its breadth of capabilities, high levels of security, global infrastructure, and strong financial services experience. We see AWS as a strategic collaborator, and we look forward to aggressively expanding our footprint in the cloud to help our customers’ financial dreams come true.”

“AWS is helping Itaú Unibanco deliver the transformative benefits of online banking and digital payments to its customers in Latin America and around the globe. By migrating its core applications to the world’s leading cloud, Itaú Unibanco can rely on the proven performance, scale, and unparalleled portfolio of capabilities of AWS to complete its transformation into an agile, more customer-centric business,” said Andy Jassy, CEO of Amazon Web Services, Inc. “Financial institutions rely on AWS for our secure, resilient global cloud infrastructure and services, industry expertise, and expansive network of partners. We continuously innovate so that AWS customers like Itaú Unibanco have the best resources to grow their businesses and meet rapidly changing customer behaviors and expectations.”

About Amazon Web Services

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

About Itaú Unibanco

Itaú Unibanco’s purpose is to promote people’s power of transformation and we do it through a strategic agenda focused on client centricity and digital transformation, based also on the diversity of our people. The largest bank in Latin America, Itaú Unibanco is present in 18 countries and has more than 56 million customers, among individuals and companies in all segments, to whom we offer the best experiences in financial products and services. Itaú Unibanco has been selected for the 21st consecutive time to be part of the Dow Jones Sustainability World Index (DJSI World), being the only Latin American financial institution to be part of the index since its creation in 1999.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: United States South America North America Brazil Washington

INDUSTRY KEYWORDS: Banking Software Mobile/Wireless Professional Services Online Retail Internet Data Management Technology Retail Public Relations/Investor Relations Communications Finance Consulting

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Best’s Market Segment Report: Europe’s Captive Segment Poised for Growth Amid Hardening Insurance Conditions

Best’s Market Segment Report: Europe’s Captive Segment Poised for Growth Amid Hardening Insurance Conditions

 

LONDON–(BUSINESS WIRE)–
Commercial insurance rate increases are expected to drive an uptick in new captive formations and greater utilisation of existing captives in Europe, according to a new AM Best report.

The Best’s Market Segment Report, “Europe’s Captive Segment Poised for Growth Amid Hardening Insurance Conditions,” notes that tougher renewal discussions with commercial insurers and challenging economic conditions provide the ideal environment for corporates to look at how they might optimise their risk transfer programmes. This is expected to contribute to an expansion of business volumes for the captive industry, according to AM Best.

The report also notes that the strong capital buffers of the European captives AM Best rates have been tested by the pandemic and have proven resilient. In addition, the report looks at regulatory developments and assesses the growing importance of environmental, social and governance (ESG) considerations for captive owners.

To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=303438.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates.ALL RIGHTS RESERVED.

Charlotte Vigier

Senior Financial Analyst

+44 20 7397 0270

[email protected]

Richard Banks

Director, Industry Research – EMEA

+44 20 7397 0322

[email protected]

Konstantin Langowski

Senior Financial Analyst

+31 20 308 5431

[email protected]

Edem Kuenyehia

Director, Market Development &

Communications

+44 20 7397 0280

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Insurance Professional Services

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Gold Being Produced At Mexus’ Santa Elena Mine; Production From The Recently Completed Heap Leach Pad

CABORCA, Mexico, Nov. 30, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) is pleased to announce that leaching has commenced on its recently completed 250,000 ton leach pad. Leaching of vein 2 mineralized material is under way and returning values of .32 to .42 gpt Au in solution. Flows are expected to reach .6 gpt Au in solution by December 16th. Future production drilling on vein 2 and the Julio quartz vein continues. Mexus CEO Paul Thomspon Sr. added that gold production by year end should reach 225 oz.

Solution returning to the pregnant pond

About Mexus Gold US

Mexus Gold US is an American based mining company with holdings in Mexico.  The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico.  Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property.   Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com. 

Mexus Gold US (775) 721-9960 Paul Thompson Sr

Cautionary Statement

Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company’s future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company’s partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.



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Nouveau Monde Appoints Nathalie Pilon and Jamie Scarlett to Its Board of Directors as It Prepares for Construction of Mine and Anode Facilities

  • Following the decision by Pierre Renaud and Marc Prud’homme to retire from the board, Nathalie Pilon and Jamie Scarlett are appointed as new board directors of Nouveau Monde
  • Nathalie Pilon brings with her 30 years of relevant experience within senior management of the construction and electrification industry, most recently as ABB’s President of Canada and part of the ABB Executive Team for the Americas – managing 4,000 people on 50 sites throughout Canada
  • Jamie Scarlett is one of Canada’s most respected senior legal advisors. For many years, he was head of Torys’ Capital Markets, Mining and International Business Development Groups. Most recently, he served as the Chief Legal Officer at Hydro One. Previously he served as a commissioner of the Ontario Security Commision
  • Great appreciation for the outstanding achievements and contributions from retiring directors Pierre Renaud and Marc Prud’homme during their tenure as directors of Nouveau Monde

MONTREAL, Nov. 30, 2020 (GLOBE NEWSWIRE) — Nouveau Monde Graphite (“Nouveau Monde” or “the Company”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) is announcing a board restructuring in preparation of its next phase of development. Nouveau Monde is proud to announce the nomination to its board of directors of Ms. Nathalie Pilon and Mr. Jamie Scarlett effective on December 1st 2020. After having accomplished significant contributions for Nouveau Monde during their respective mandate, Pierre Renaud and Marc Prud’homme are resigning from the board of directors.


Arne H Frandsen, Chairman of the Nouveau Monde board commented
: “On behalf of the board, I am delighted to welcome Ms. Pilon and Mr. Scarlett to the leadership team. We are proud that Nouveau Monde has secured the service of two such senior and high profile directors. Both Ms. Pilon and Mr. Scarlett bring with them decades of relevant experience which will benefit all of our stakeholders. These additions to the board will further strengthen the team as Nouveau Monde commences the construction of its mine and anode material facilities. Let me also use this opportunity to thank Mr. Renaud and Mr. Prud’homme for their outstanding contribution to the Company. Especially the achievements in the local community and in respect of environmental matters, which will be everlasting for the Company”.


Eric Desaulniers,


the


Company’s CEO, stat


ed


:
 “Pierre was truly instrumental in developing a sustainable development vision for the Matawinie project early in the development phase. I recommend all mining and industrial projects to surround themselves with experts like Pierre to establish a solid foundation to sustainability for the benefit of all stakeholders. Moreover, Marc allowed us to genuinely connect with and understand the local community wishes and concerns during the essential operational design phase of the Matawinie project. His guidance was very helpful in aligning the corporate objectives with the local stakeholders’ interests. I sincerely thank both of them for their mentorship and support during the past three years”.

Nathalie Pilon Bio
graphy

Nathalie Pilon was President of ABB in Canada and member of the Executive Board of ABB Americas until the end of 2019. Prior to her appointment, she was President of Thomas & Betts Canada, where she had been with the company since 1996 as Vice President, Finance and Information Technologies. As leader of the largest manufacturing supplier of electrical products in Canada, she brought innovation, operational excellence and customer service to the forefront, achieving leadership in the Canadian marketplace. Prior to joining Thomas & Betts, Ms. Pilon served as Senior Manager, Professional Practice for KPMG.

A nationally recognized business leader in Canada, Ms. Pilon brings twenty years of experience in heavy industry and manufacturing, and a keen ability to bring people and technology together to drive Canada’s innovation ecosystem. She was named one of Canada’s Top 100 Most Powerful Women by the Women’s Executive Network. In 2015 she received the distinguished Leadership Award by the Association of Women in Finance, and in 2018 she was awarded an Honorary Doctorate from Concordia University for her innovation in business.

Ms. Pilon holds a Bachelor’s degree in Business Administration from HEC Montréal and is a fellow of the Québec Order of Chartered Professional Accountants (FCPA). She is a board member of HEC Montréal, the CSA Group and the Montréal Port Authority.

James (Jamie)
Scarlett Bio
graphy

Mr. Scarlett was, until last year, the Executive Vice-President and Chief Legal Officer at Hydro One Limited, a leading Canadian electricity transmission and distribution provider. Prior to this, Mr. Scarlett was a Senior Partner at Torys LLP, one of Canada’s leading law firms. Having joined Torys in 2000, Mr, Scarlett held a number of leadership roles at the firm, including head of Torys’ Capital Markets Group, Mining Group and International Business Development strategy. In addition, Mr. Scarlett was a member of the firm’s Executive Committee. As a Senior Partner, Mr. Scarlett spearheaded public market M&A transactions worth over C$25 billion as well as numerous board mandates, related party transactions, hostile takeover offers and dissident shareholder actions. In addition he has experience from over 30 public equity deals.

Prior to joining Torys, he was a Senior Partner at Toronto-based McMillan Binch LLP. While at that firm Mr. Scarlett held leadership roles as head of its Corporate Group, Securities Group and as a member of its Board.

Jamie was also seconded to the Ontario Securities Commission (“OSC”) and was appointed as Director of the Capital Markets Branch of the OSC. Mr. Scarlett earned his law degree (J.D.) from the University of Toronto and a Bachelor of Commerce Degree from McGill University. Mr. Scarlett holds the ICD.D designation.

A total of 1,050,000 options at 0.70$ valid for 5 years were issued to two newly appointed board members as well as an executive director. These options are vesting immediately and are issued in accordance with the company stock option plan.

A
bout
Nouveau Monde

Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully-integrated source of green battery anode material in the Western World. Targeting full-scale commercial operations by early 2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest of ESG standards, Nouveau Monde will become a strategic supplier to the World’s leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

Media  Investors 
Julie Paquet 
Director, Communications 
Nouveau Monde
+1-450-757-8905 #140 
[email protected]		 Christina Lalli 
Director, Investor Relations 
Nouveau Monde
+1-438-399-8665 
[email protected]


Cautionary Note Regarding Forward-Looking Information
 
All statements, other than statements of historical fact, contained in this press release including, but not limited to (i) the positive impact of the foregoing on project economics, and (ii)generally, or the “About Nouveau Monde” paragraph which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: 

www.NouveauMonde.ca