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Scandic adapting operations to a temporary period of significantly lower occupancy

Substantial cost reductions to adapt operations to the current market situation.Since the coronavirus began to spread, occupancy at the Group’s hotels has fallen significantly and was 10 to 15 percent in the previous week. Scandic is now planning for a situation where occupancy continues to remain at this level in the coming months before gradually improving during the second half of the year.   In a short period of time, Scandic has carried out a number of comprehensive measures to reduce costs and adapt operations to current market conditions. The company has already reduced its

Decision on cancellation of severance pay to former CEO

Given the information in the investigations conducted by the Swedish and Estonian Financial Supervisory Authorities and the international law firm Clifford Chance, the Board of Swedbank has decided to unilaterally cancel the agreement of severance pay to the bank’s previous CEO Birgitte Bonnesen. The severance pay was planned to start as of the 29[th] of March 2020. The Board has also decided not to make claims against Birgitte Bonnesen, following considerations of a legal assessment of the conditions for such a potential process. The Board of Swedbank has this morning decided that

Targovax ASA: Mandatory notification of trade by primary insiders in connection with settlement of RSUs

The following primary insiders (the "Primary Insiders") in Targovax ASA (the "Company") have on 20 March 2020, settled restrictive stock units ("RSUs"), giving the respective Primary Insider the right to subscribe for an equal amount of shares in the Company at a price of NOK 0.10 per share: · Patrick Vink, chairman of the board of directors, has on 20 March 2020 settled 44,286 RSUs, which were granted at the EGM in 2017 and at the AGM in 2018, respectively; · Bente-Lill Romøren, member of the board of directors, has on 20 March 2020 settled 5,464 RSUs, which were granted at the AGM

Neste Porvoo refinery’s major turnaround 2020 to be delayed due to the coronavirus situation - only critical maintenance works can be executed in April - June 2020

Neste Corporation, Press Release, 23 March 2020 at 8 a.m. (EET)   The Government of Finland has declared a state of emergency in Finland due to the coronavirus (COVID-19) outbreak. The Government has decided on measures to slow down the spreading of the pandemic. These measures have been enforced in accordance with the Emergency Powers Act, the Communicable Diseases Act and other relevant legislation. Similar measures and restrictions have been extensively taken into use also abroad. Due to the coronavirus pandemic and the related exceptional and extensive measures, the implementation

Swedbank comments on Clifford Chance report

The law firm Clifford Chance was retained in February 2019 to conduct an investigation of Swedbank’s anti-money laundering work, with forensic support from FRA and FTI. Swedbank has now received the report and it is available at www.swedbank.com. The investigation includes customers, transactions and activities from 2007 through March 2019 and how the bank has handled internal and external information disclosures. Clifford Chance has examined how Swedbank has responded historically to shortcomings that have been identified. Clifford Chance notes that Swedbank has fully cooperated in

Picosun reinforces local operations to ensure customer satisfaction during the COVID-19 epidemic

ESPOO, Finland, 23[rd] March 2020 – Picosun Group’s first priorities are customer satisfaction and health and wellbeing of the Group’s employees and customers. Picosun takes extremely seriously the global threat posed by the COVID-19 novel coronavirus epidemic and follows the rules set by governments and WHO. As the epidemic restricts global traveling, the importance of local offices and subsidiaries close to the customers is of utmost importance. The last years have been the time of rapid growth and expansion for Picosun. Strong emphasis has been put on new recruitments especially on

UK creates COVID-19 genome sequencing alliance for large scale analysis of the virus; Oxford Nanopore sequencing technology supports rapid sequencing capabilities in the network

The UK has formed a genome sequencing alliance, to enable rapid, broad, large-scale sequencing analysis of samples from patients testing positive for COVID-19.  The resulting data will help deliver insights into how the virus is transmitted and how it evolves. Oxford Nanopore is delighted to support participating teams across the UK in this project, including in the cities of Birmingham, London, Edinburgh, Glasgow, Sheffield, Liverpool, Cardiff and Cambridge.  Nanopore sequencing can deliver a whole genome sequence of the virus in as little as 7 hours, on the portable MinION 

Operational update from Nel ASA in relation to COVID-19

(Oslo, 22 March 2020) Nel ASA (Nel) has implemented measures to ensure the safety of its employees and customers, in addition to ensuring continued operation around the world. Following a state of Connecticut executive order, the majority of the activities at the Wallingford facility will be temporarily suspended until second half of April 2020. Activities in Norway and Denmark continues in line with national and local recommendations. Further, as a result of international travel restrictions, some delays are expected for H2Station® installation and commissioning. Nel has a strong cash

Cloetta withdraws dividend proposal and provides update on effects from COVID-19

As a consequence of the current uncertainty due to the global outbreak of COVID-19, the Board of Directors has decided to withdraw the previously communicated proposal to the Annual General Meeting 2020 regarding a dividend of SEK 1.00 per share. Furthermore, Cloetta assesses that the risk of negative financial impact from the end of March has increased significantly.Cloetta is working diligently to limit further spread of the coronavirus in society, the highest priority being the health and safety of our employees, customers and consumers. We are following the situation closely and when

Beijer Alma adapts dividend as a result of prevailing uncertainty in the market

The corona pandemic has not had material negative impact on Beijer Alma’s operations, income and earnings in January and February. Development moving forward, however, is very difficult to predict and there is a risk that there will be a deterioration in market conditions, which is why Beijer Alma is taking measures to strengthen its preparedness and increase its flexibility.In light of these concerns, the Board of Directors of Beijer Alma proposes a cash dividend of SEK 2.50 per share to the Annual General Meeting, rather than SEK 5.10 per share as previously communicated. It is the Board

DNB lowers the interest rate on home mortgages

DNB has today decided to reduce interest rates on home mortgages by up to 0.50 percentage points. This is the second time in under two weeks that the bank has lowered its home mortgage rate.   - Due to the extraordinary situation the market is changing very quickly, which makes the price of money for banks unpredictable. This makes it very difficult to set long-term mortgage rates at the moment, says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.   - As Norway’s largest bank, DNB must help keep the wheels turning at a time of uncertainty. Mortgages usually have a

Update regarding COVID-19

In view of the general uncertainty and measures put in place to reduce the spread of COVID-19  and their impact on the global economy, CELLINK is closely monitoring developments and is prepared  to take measures to reduce the risk of the company's continued development and expansion being long-term affected.   Due to travel restrictions, cancellations of exhibitions and difficulties in conducting demonstrations in customers' labs as many companies are restricting access to their facilities, the company sees a temporary change in the sales process that may affect demand for the company'

Lundin Gold Temporarily Suspends Operations at Fruta del Norte

March 22, 2020 (Vancouver, Canada) Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) announced that the Company is temporarily suspending operations at its Fruta del Norte gold mine in Ecuador amid growing concerns regarding the spread of COVID-19 in the country. “The situation in Ecuador has changed rapidly over the last few days,” said Ron Hochstein, Lundin Gold President and CEO. “We are committed to the health and safety of our employees and the local communities in which we operate. In consultation with both local officials and the Government of

Nustay A/S: The last day of trading in pre-emptive subscription rights in the ongoing rights issue was March 20[th] 2020

Nustay A/S (“Nustay”) hereby informs that March 20[th], 2020, was the last day of trading in pre-emptive subscription rights. The subscription period for the rights issue of units continues until March 24[th], 2020.Important dates: · Subscription period: March 10[th], 2020 - March 24[th], 2020. · Allocation and trading in units: Allocation and trading in units will take place on Spotlight Stock Market from March 26[th], 2020 and continue until March 30[th], 2020 after which each paid unit will be converted automatically into five (5) new shares and three (3) warrants which will be

Firm’s clever service is a potential life saver to elderly facing months of Coronavirus isolation

AN innovative service which tracks the daily wellbeing and health of older people has been hailed as a potential life saver, as millions aged 70-plus face months at home in isolation due to the Coronavirus.   Demand for the OKEachDay system, which combines clever technology and a specialist team, has surged, following a series of announcements by the Government about measures to reduce the spread of Covid19.   Every Briton over the age of 70 will soon be instructed to stay at home for an extended period to protect themselves from the virus, Health Secretary Matt Hancock has said.

PRI has confirmed the agreement in principle with Eniro

Försäkringsbolaget PRI Pensionsgaranti, ömsesidigt (”PRI”) has confirmed that the agreement reached in connection with the recapitalisation plan, which was presented in the press release on March 27, 2020, remains valid even after the revised recapitalisation solution where the offer to holders of convertibles is changed from an exchange offer to a cash offer corresponding to 30 per cent of the nominal amount of the convertibles.   For more information, please contact: Arne Myhrman, Chairman of the board of directors, tel +46 73 383 64 67Magdalena Bonde, Group President and CEO,

Part 1: Why managing food waste makes sense for Ingka Group

In September last year, Ingka Group made a minority investment in Winnow, an innovative UK-based company that has developed an AI-enabled food waste tracking and analytics solution to help reduce food waste in commercial kitchens. Every year, Ingka Group serves meals to many millions of people across its stores and is aiming to halve food waste from IKEA Restaurants and Cafés, IKEA Bistros and Swedish Food Markets by the end of August 2020.Food waste is a complex issue, but IKEA and Winnow are proving the solutions to the problem don’t have to be.  In FY19, many IKEA stores continued to

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Josemaria Provides Operations Update

VANCOUVER, March 20, 2020 /CNW/ - Josemaria Resources Inc. (TSX: JOSE) (OMX: JOSE) (“Josemaria Resources” or the “Company”) wishes to provide an update on its operations and actions taken to minimize the impact of COVID-19. The Company is pleased to report that we have successfully completed all essential components of our field season prior to safely demobilizing the majority of the workforce from the Josemaria site in San Juan, Argentina. Work conducted over the last 5 months has resulted in the collection of all necessary data to ensure the engineering component of the feasibility

Teleste Corporation changes its proposal for the distribution of earnings

INSIDE INFORMATION   20 March 2020    AT 21:45 EET  Teleste Corporation changes its proposal for the distribution of earnings The Board of Directors of Teleste Corporation has decided to change its proposal for the distribution of earnings, which was originally published in connection with the company’s financial statement release on 13 February 2020, so that instead of an immediate dividend of EUR 0.10, the Annual General Meeting would resolve to authorize the Board of Directors to decide, at its discretion, the distribution of a maximum of EUR 0.10 per share as a dividend from

The Björn Borg Group is affected by the corona virus – withdraws proposal for shareholder dividends

The outbreak of the Corona virus has led to significant changes in the world around us and affects the Björn Borg Group negatively. The extent of the impact is currently not possible to estimate, but the outbreak may have substantial negative financial impact on the Björn Borg Group’s business.In particular, Björn Borg notes that the general development and/or decisions of the authorities in the countries in which the company conducts its business, among other things lead to, or may lead to, reduced demand on the retail market, potential disturbance in the distribution chain, unfavourable

Semcon adapts to uncertain market situation

As a consequence of covid-19, some customers have announced reduced demand, which has a negative impact on Semcon. In order to mitigate negative financial effects Semcon will implement short-term layoffs for affected employees, in accordance to subsidized measures from authorities.The short-term layoffs will affect both administrative personnel and consultants where relevant. This is a temporary action, in order to be ready to scale up working hours when the situation changes, and minimize the number of permanent layoffs in this extraordinary situation. Even though some customers have

Nøkkelinformasjon ved kontantutbytte til betaling fra Gjensidige Forsikring ASA

Denne børsmeldingen erstatter nøkkelinformasjon offentliggjort 22. januar 2020.   Utbyttebeløp: 7,25 per aksje Annonsert valuta: norske kroner Siste dag inklusive: 26. mars 2020 Ex-dato: 27. mars Eierregisterdato: 30. mars 2020 Betalingsdato: 7. april 2020 Vedtaksdato: 26. mars 2020 Annen informasjon: Totalt beløp for foreslått utbytte 3.625 millioner kroner.   Denne informasjonen offentliggjøres i henhold til kravene i Løpende forpliktelser.   Kontaktpersoner Gjensidige Forsikring ASA:IR-direktør: Mitra Hagen Negård Tlf: 47 957 93 631IR-officer:

Key information relating to the cash dividend to be paid by Gjensidige Forsikring ASA

This announcement replaces key information published on 22 January 2020.   Dividend amount: NOK 7.25 per share Declared currency: NOK Last day including right: 26 March 2020 Ex-date: 27 March 2020 Record date: 30 March 2020 Payment date: 07 April 2020 Date of approval: 26 March 2020 Other information: Total amount of the proposed dividend NOK 3,625 million.   This information is published in accordance with the requirements of Oslo Børs' Continuing Obligations. Contact person Gjensidige Forsikring ASA:Head of Investor Relations: Mitra H. Negård, Tel:

GJF: Justert utbytteforslag. Invitasjon til telefonkonferanse.

Styret i Gjensidige Forsikring ASA har i dag vedtatt å trekke forslaget om utdeling av overskuddskapital på 5,00 kroner per aksje, som det skal stemmes over på generalforsamlingen 26. mars 2020. Forslaget om et utbytte basert på årets resultat på 7,25 kroner per aksje opprettholdes. I henhold til innkallingen til generalforsamlingen offentliggjort 3. mars, vil styret, i tråd med tidligere praksis, søke godkjennelse til å kunne dele ut ytterligere utbytte senere i år. Konsernet har en solid kapitalbase for å møte usikkerheten i tiden fremover. Justert for det endrede utbytteforslaget,

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