Virgin Australia will give military veterans priority boarding and acknowledge their presence on flights to nurture respect for our heroes, News Corp reports.
Reported by SBS 3 hours ago.
Veterans to get priority on Virgin flights
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WTA Elite Trophy Zhuhai Results
Ashleigh Barty (9), Australia, def. Julia Goerges (1), Germany, 4-6, 6-3, 6-2.Wang Qiang (11), China, def. Garbine Muguruza (7), Spain, 6-2, 6-0.Jiang Xinyu and Yang Zhaoxuan (5), China, def. Miyu Kato and Makoto Ninomiya (2),...
Reported by New Zealand Herald 3 hours ago.
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Warren Gatland warns Wales must step up another level to end hoodoo against Australia
WILL KELLEHER AT PRINCIPALITY STADIUM: Wales must up their game when Australia come to Cardiff next week if they are to end their hoodoo against the Wallabies, says Warren Gatland.
Reported by MailOnline 2 hours ago.
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The Warren Gatland transcript: Outside-half selection, injury latest and why we wouldn't have beaten Australia today
Here's what the Wales boss head to say after his side beat Scotland 21-10
Reported by Wales Online 2 hours ago.
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Australians hold heads high despite loss to South Korea
Team Australia didn't have much success against the two-time Overwatch World Cup champions Friday at BlizzCon but took its loss in stride.
Reported by ESPN 17 minutes ago.
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I'm A Celebrity launch at risk as heavy storms are predicted to wreak HAVOC in camp ahead of show launch
I'm A Celebrity: Starts November 18 on ITV [ITV] The launch date of I'm A Celebrity has only just been announced, but it looks like the show could already be in peril. With news that the show is set to begin on November 18, forecasters in Australia have revealed that heavy storms and downpours are set to rock the camp. It looks like this year's batch of celebs are set to be in for a troubling first night in the jungle. Stormy weather is set to strike the ...
Reported by OK! 3 hours ago.
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Sundance Energy Australia Limited Schedules Third Quarter 2018 Earnings Conference Call
DENVER, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX: SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas announced today that it will host a conference call to review third quarter results. *Date:*
*Time:*
Australia: Friday 16 November 2018 – United States: Thursday 15 November 2018
Australia: 9:00 AM AEST – United States: 3:00 PM MST
*Australian participants Toll Free dial-in: **1800005989
**Australian (Sydney) Local dial-in: 282239773*
*Hong Kong Participants Toll Free dial-in: 800966253*
*Hong Kong Local dial-in: 30114522*
*Singapore participants Toll Free dial-in: 8008526412*
*Singapore Local dial-in: 66221010*
*USA participants Toll Free dial-in: **(844) 831-3022*
*Webcast Link: *http://www.sundanceenergy.net/events.cfm
All participants will be asked for their full name and company when joining the conference call.
*For more information, please contact:
United States:*
John Roberts
VP Finance & Investor Relations
Tel: +1 (720) 638-2400 Eric McCrady
CEO and Managing Director
Tel: +1 (303) 543-5703
*Australia:*
Mike Hannell
Chairman
Tel: +61 8 8363 0388
Reported by GlobeNewswire 4 hours ago.
*Time:*
Australia: Friday 16 November 2018 – United States: Thursday 15 November 2018
Australia: 9:00 AM AEST – United States: 3:00 PM MST
*Australian participants Toll Free dial-in: **1800005989
**Australian (Sydney) Local dial-in: 282239773*
*Hong Kong Participants Toll Free dial-in: 800966253*
*Hong Kong Local dial-in: 30114522*
*Singapore participants Toll Free dial-in: 8008526412*
*Singapore Local dial-in: 66221010*
*USA participants Toll Free dial-in: **(844) 831-3022*
*Webcast Link: *http://www.sundanceenergy.net/events.cfm
All participants will be asked for their full name and company when joining the conference call.
*For more information, please contact:
United States:*
John Roberts
VP Finance & Investor Relations
Tel: +1 (720) 638-2400 Eric McCrady
CEO and Managing Director
Tel: +1 (303) 543-5703
*Australia:*
Mike Hannell
Chairman
Tel: +61 8 8363 0388
Reported by GlobeNewswire 4 hours ago.
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Sitting down for too long is NOT as bad for you as smoking
Epidemiologists at the University of South Australia, led by Dr Terry Boyle, have now warned the two are simply not comparable in the American Journal of Public Health.
Reported by MailOnline 3 hours ago.
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Katich ruling himself out of CA board role
Former Australia Test batsman Simon Katich has ruled himself out of replacing Mark Taylor on the board of Cricket Australia.
Reported by SBS 3 hours ago.
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Aust, Indonesia to sign trade deal on 14th
Australia and Indonesia are set to sign off on their landmark free trade agreement at the ASEAN summit in Singapore next week, it has been reported.
Reported by SBS 3 hours ago.
↧
Investments & Wealth Institute Releases Investments & Wealth Monitor
Publication focuses on the fiduciary and regulatory challenges of the investments and wealth industry.
DENVER (PRWEB) November 06, 2018
The September/October issue of the Investments & Wealth Institute® Investments & Wealth Monitor focuses on the fiduciary and regulatory challenges facing the investments and wealth management industry today.
The past few years have brought many changes to firms and advisors’ fiduciary responsibilities from the 2015 U.S. Department of Labor fiduciary rule, later vacated in March 2018; to the April 2018 U.S. Securities and Exchange Commission version of a fiduciary rule released for comment. The changing landscape of the industry’s regulatory environment requires close examination.
Feature articles and authors include:· Where’s Waldo? Finding the Fiduciary in Regulation Best Interest—Duane Thompson, AIFA®
· The Harmonization Trap: Why Advisors Should Demand Truth-in-Labeling Rather Than a Uniform Fiduciary Standard—Scott MacKillop
· Will Australia’s New Advisor Competency Standards Be a Road Map for U.S. Regulators?—Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL
· Fiduciary Update: Using ESG Factors in ERISA Plans—Dan Cassidy, FSA, CFA®
· Women and Retirement Security—Nevenka Vrdoljak and Anna Rappaport
· Cruisin’ For A Bruisin’ with TDFS: Five Reasons Why Target-Date Funds Should Be Made Safer—Ronald J. Surz
· An Advisor Road Map to the Corporate Trustee Industry—Past, Present, and Future—Christopher N. Holtby, CPWA®
· Mock Exams: Dress Rehearsals for the Real Thing—Ann F. Keitner and Conor I. Anderson
· Crowdsourcing Organizational Ethics: Why We Need More Self-Governance—Carsten Tams
· Implications for Advisors: Quantitative Easing to Quantitative Tightening—Bob Rice
Investments & Wealth Institute members receive free access to the Investments & Wealth Monitor and archive, current issues are available on the Investments & Wealth Institute website.
Papers are invited for publishing consideration from academics and qualified practitioners. For more information on submission guidelines visit: Article Guidelines.
For Information:
For additional information, contact Devon Coquillard, communications manager, dcoquillard@i-w.org or (303) 850-3202.
About the Investments & Wealth Institute®
Established in 1985, the Investments & Wealth Institute, formerly known as IMCA, is a professional association, advanced education provider, and standards body for financial advisors, investment consultants, and wealth managers who embrace excellence and ethics. Through its publications, events, assessment-based certificate programs, and advanced certifications, the Institute delivers premier-quality, practical education to advanced practitioners in more than 38 countries.
The Certified Investment Management Analyst® (CIMA®) certification is the peak international, technical portfolio construction program for investment consultants, analysts, financial advisors and wealth management professionals. The CIMA program is distinctive as one of only a few global certifications in financial services to meet international accreditation and quality standards (ANSI/ISO 17024) for personnel certification programs.
The Certified Private Wealth Advisor® (CPWA®) certification is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million. Unlike credentials that focus specifically on investing or financial planning, the CPWA program takes a holistic and multidisciplinary approach.
The Investments & Wealth Institute® is a registered mark of Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. CIMA®, Certified Investment Management Analyst®, CIMC®, CPWA®, and Certified Private Wealth Advisor® are registered certification marks of Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. RMA(SM) and Retirement Management Advisor(SM) are marks owned by Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. The Investments & Wealth Institute does not discriminate in educational opportunities or any other characteristic protected by law. Reported by PRWeb 3 hours ago.
DENVER (PRWEB) November 06, 2018
The September/October issue of the Investments & Wealth Institute® Investments & Wealth Monitor focuses on the fiduciary and regulatory challenges facing the investments and wealth management industry today.
The past few years have brought many changes to firms and advisors’ fiduciary responsibilities from the 2015 U.S. Department of Labor fiduciary rule, later vacated in March 2018; to the April 2018 U.S. Securities and Exchange Commission version of a fiduciary rule released for comment. The changing landscape of the industry’s regulatory environment requires close examination.
Feature articles and authors include:· Where’s Waldo? Finding the Fiduciary in Regulation Best Interest—Duane Thompson, AIFA®
· The Harmonization Trap: Why Advisors Should Demand Truth-in-Labeling Rather Than a Uniform Fiduciary Standard—Scott MacKillop
· Will Australia’s New Advisor Competency Standards Be a Road Map for U.S. Regulators?—Michael E. Kitces, MSFS, MTAX, CFP®, CLU, ChFC, RHU, REBC, CASL
· Fiduciary Update: Using ESG Factors in ERISA Plans—Dan Cassidy, FSA, CFA®
· Women and Retirement Security—Nevenka Vrdoljak and Anna Rappaport
· Cruisin’ For A Bruisin’ with TDFS: Five Reasons Why Target-Date Funds Should Be Made Safer—Ronald J. Surz
· An Advisor Road Map to the Corporate Trustee Industry—Past, Present, and Future—Christopher N. Holtby, CPWA®
· Mock Exams: Dress Rehearsals for the Real Thing—Ann F. Keitner and Conor I. Anderson
· Crowdsourcing Organizational Ethics: Why We Need More Self-Governance—Carsten Tams
· Implications for Advisors: Quantitative Easing to Quantitative Tightening—Bob Rice
Investments & Wealth Institute members receive free access to the Investments & Wealth Monitor and archive, current issues are available on the Investments & Wealth Institute website.
Papers are invited for publishing consideration from academics and qualified practitioners. For more information on submission guidelines visit: Article Guidelines.
For Information:
For additional information, contact Devon Coquillard, communications manager, dcoquillard@i-w.org or (303) 850-3202.
About the Investments & Wealth Institute®
Established in 1985, the Investments & Wealth Institute, formerly known as IMCA, is a professional association, advanced education provider, and standards body for financial advisors, investment consultants, and wealth managers who embrace excellence and ethics. Through its publications, events, assessment-based certificate programs, and advanced certifications, the Institute delivers premier-quality, practical education to advanced practitioners in more than 38 countries.
The Certified Investment Management Analyst® (CIMA®) certification is the peak international, technical portfolio construction program for investment consultants, analysts, financial advisors and wealth management professionals. The CIMA program is distinctive as one of only a few global certifications in financial services to meet international accreditation and quality standards (ANSI/ISO 17024) for personnel certification programs.
The Certified Private Wealth Advisor® (CPWA®) certification is an advanced professional certification for advisors who serve high-net-worth clients. It’s designed for seasoned professionals who seek the latest, most advanced knowledge and techniques to address the sophisticated needs of clients with a minimum net worth of $5 million. Unlike credentials that focus specifically on investing or financial planning, the CPWA program takes a holistic and multidisciplinary approach.
The Investments & Wealth Institute® is a registered mark of Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. CIMA®, Certified Investment Management Analyst®, CIMC®, CPWA®, and Certified Private Wealth Advisor® are registered certification marks of Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. RMA(SM) and Retirement Management Advisor(SM) are marks owned by Investment Management Consultants Association Inc. doing business as Investments & Wealth Institute. The Investments & Wealth Institute does not discriminate in educational opportunities or any other characteristic protected by law. Reported by PRWeb 3 hours ago.
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Quad countries to focus on maritime security
Quad countries - India, US, Japan and Australia - will be holding their next meeting on the sidelines of the 13th East Asia Summit at Singapore in mid-November. The group is wary of China’s rapidly-expanding military and expeditionary capabilities. India continues to strengthen its strategic and military ties with the other three Quad countries.
Reported by IndiaTimes 2 hours ago.
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GC Rieber Shipping: Key information about the preferential rights issue
Stock Exchange Notice
Date: 06 November 2018
*GC Rieber Shipping: Key information about the preferential rights issue*
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
Date on which the terms and conditions of the preferential rights issue were announced: 6 November 2018
Last day including right: 28 November 2018
Ex-date: 29 November 2018
Record Date: 30 November 2018
Date of approval: 28 November 2018
Maximum number of new shares: 28,941,177
Subscription price: NOK 8.50 per new share
Will the rights be listed - yes/no: Yes
Other information: Reference is made to the notice of the extraordinary general meeting in GC Rieber Shipping ASA announced through a stock exchange notification on 6 November 2018 for further information regarding the rights issue.
This information is published in accordance with the requirements of the Continuing Obligations.
*IMPORTANT INFORMATION *
This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.
In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.
In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. 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 information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.
This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.
Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.
This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.
Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Reported by GlobeNewswire 2 hours ago.
Date: 06 November 2018
*GC Rieber Shipping: Key information about the preferential rights issue*
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
Date on which the terms and conditions of the preferential rights issue were announced: 6 November 2018
Last day including right: 28 November 2018
Ex-date: 29 November 2018
Record Date: 30 November 2018
Date of approval: 28 November 2018
Maximum number of new shares: 28,941,177
Subscription price: NOK 8.50 per new share
Will the rights be listed - yes/no: Yes
Other information: Reference is made to the notice of the extraordinary general meeting in GC Rieber Shipping ASA announced through a stock exchange notification on 6 November 2018 for further information regarding the rights issue.
This information is published in accordance with the requirements of the Continuing Obligations.
*IMPORTANT INFORMATION *
This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.
In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.
In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. 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 information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.
This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.
Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.
This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.
Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Reported by GlobeNewswire 2 hours ago.
↧
↧
GC Rieber Shipping: NOK 246 million fully underwritten rights issue
Stock Exchange Notice
Date: 06 November 2018
*GC Rieber Shipping: NOK 246 million fully underwritten rights issue*
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
As announced on 22 August 2018, Shearwater GeoServices Holding AS ("Shearwater"), the 50/50 joint venture between GC Rieber Shipping ASA ("GC Rieber Shipping" or the "Company") and Rasmussengruppen AS ("Rasmussengruppen"), has entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations (the "Acquisition") of WesternGeco, the geophysical services product line of Schlumberger. The Acquisition will be financed partly by new equity from Rasmussengruppen and GC Rieber Shipping. For more details on the Acquisition and related financing, see the detailed stock exchange announcement published on 22 August 2018.
The Board of Directors of GC Rieber Shipping has today resolved to call for an extraordinary general meeting in the Company and proposed that the general meeting resolves to issue 28,941,177 new shares in the Company in a rights issue with gross proceeds of approximately NOK 246 million (the "Rights Issue") at a subscription price of NOK 8.50 per share.
The shareholders of the Company will receive tradable rights to subscribe for new shares in the Company in connection with the Rights Issue.
GC Rieber Shipping has committed to provide USD 28.5 million of new equity to Shearwater in connection with the Acquisition, and has entered into a short-term shareholder loan at market terms with GC Rieber AS, GC Rieber Shipping`s largest shareholder, to facilitate settlement. It is expected that the shareholder loan will be fully refinanced by the Rights Issue.
GC Rieber AS has fully underwritten the Rights Issue and will minimum subscribe in full for its pro rata shareholding of 70.4%.
Completion of the Rights Issue will be subject to approval by GC Rieber Shipping's general meeting. The extraordinary general meeting in the Company will be held on Wednesday 28 November 2018 at 14:00 hours (CET) in the Company's address at Solheimsgaten 15 (Beddingen), Bergen. The notice is attached to this stock exchange announcement. Documents concerning items on the agenda that shall be resolved by the general meeting have been made available at the Company's website (www.gcrieber-shipping.com), in accordance with article 5 in the Company's articles of association.
SpareBank 1 Markets AS acts as Manager and Receiving Agent for the Rights Issue.
*For further information, please contact:*
Einar Ytredal, CEO (act.), phone: +47 975 20 184
*About GC Rieber Shipping:*
GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.
The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates and has direct and indirect ownership in 11 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.
The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.
Further information is available on the company's website www.gcrieber-shipping.com.
*IMPORTANT INFORMATION *
This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.
In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.
In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. 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 information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.
This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.
Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.
This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.
Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
*Attachment*
· Notice of extraordinary general meeting.pdf Reported by GlobeNewswire 2 hours ago.
Date: 06 November 2018
*GC Rieber Shipping: NOK 246 million fully underwritten rights issue*
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
As announced on 22 August 2018, Shearwater GeoServices Holding AS ("Shearwater"), the 50/50 joint venture between GC Rieber Shipping ASA ("GC Rieber Shipping" or the "Company") and Rasmussengruppen AS ("Rasmussengruppen"), has entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations (the "Acquisition") of WesternGeco, the geophysical services product line of Schlumberger. The Acquisition will be financed partly by new equity from Rasmussengruppen and GC Rieber Shipping. For more details on the Acquisition and related financing, see the detailed stock exchange announcement published on 22 August 2018.
The Board of Directors of GC Rieber Shipping has today resolved to call for an extraordinary general meeting in the Company and proposed that the general meeting resolves to issue 28,941,177 new shares in the Company in a rights issue with gross proceeds of approximately NOK 246 million (the "Rights Issue") at a subscription price of NOK 8.50 per share.
The shareholders of the Company will receive tradable rights to subscribe for new shares in the Company in connection with the Rights Issue.
GC Rieber Shipping has committed to provide USD 28.5 million of new equity to Shearwater in connection with the Acquisition, and has entered into a short-term shareholder loan at market terms with GC Rieber AS, GC Rieber Shipping`s largest shareholder, to facilitate settlement. It is expected that the shareholder loan will be fully refinanced by the Rights Issue.
GC Rieber AS has fully underwritten the Rights Issue and will minimum subscribe in full for its pro rata shareholding of 70.4%.
Completion of the Rights Issue will be subject to approval by GC Rieber Shipping's general meeting. The extraordinary general meeting in the Company will be held on Wednesday 28 November 2018 at 14:00 hours (CET) in the Company's address at Solheimsgaten 15 (Beddingen), Bergen. The notice is attached to this stock exchange announcement. Documents concerning items on the agenda that shall be resolved by the general meeting have been made available at the Company's website (www.gcrieber-shipping.com), in accordance with article 5 in the Company's articles of association.
SpareBank 1 Markets AS acts as Manager and Receiving Agent for the Rights Issue.
*For further information, please contact:*
Einar Ytredal, CEO (act.), phone: +47 975 20 184
*About GC Rieber Shipping:*
GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.
The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates and has direct and indirect ownership in 11 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.
The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.
Further information is available on the company's website www.gcrieber-shipping.com.
*IMPORTANT INFORMATION *
This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.
In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.
In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. 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 information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.
This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.
Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.
This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.
Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
*Attachment*
· Notice of extraordinary general meeting.pdf Reported by GlobeNewswire 2 hours ago.
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Media Advisory: CAE's FY2019 second quarter financial results and conference call
MONTREAL, Nov. 06, 2018 (GLOBE NEWSWIRE) -- (NYSE: CAE; TSX: CAE) – CAE will release its fiscal year 2019 second quarter results on Tuesday, November 13, 2018. A conference call will be held on the same day at 1 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE’s performance and outlook.Marc Parent, CAE’s President and Chief Executive Officer, Sonya Branco, CAE’s Chief Financial Officer, and Andrew Arnovitz, CAE’s Vice President, Strategy and Investor Relations, will participate in this call intended for financial analysts, institutional investors and the media. Please note that the media will have the opportunity to ask questions immediately following the analysts’ question period.
The meeting will be webcast live on CAE's site at www.cae.com. The webcast will be archived following the event.
*Event*: CAE's FY2019 Q2 financial results and conference call
*Date*: Tuesday, November 13, 2018
*Time*: 1:00 p.m. ET
*
Phone numbers for conference call*:
*Country* *Phone number*
*North America * 1-877-586-3392
Canada +1-416-981-9024
Australia 1800703671
Belgium 080077657
France 0800919393
Germany 08001816101
Netherlands 08000222280
Singapore 8001012594
United Kingdom 08004960381
Instant replay (available three hours after the call ends for 48 hours): 1-800-558-5253 or +1-416-626-4100 - Access code: 21898810
*About CAE*
CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a record of more than 70 years of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with over 9,000 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. www.cae.com.
Follow us on Twitter @CAE_Inc
*CAE contacts*:
Hélène V. Gagnon
Vice President, Public Affairs and Global Communications
1-514-340-5536
helene.v.gagnon@cae.com
*Investor relations*:
Andrew Arnovitz
Vice President, Strategy and Investor Relations
1-514-734-5760
andrew.arnovitz@cae.com Reported by GlobeNewswire 28 minutes ago.
The meeting will be webcast live on CAE's site at www.cae.com. The webcast will be archived following the event.
*Event*: CAE's FY2019 Q2 financial results and conference call
*Date*: Tuesday, November 13, 2018
*Time*: 1:00 p.m. ET
*
Phone numbers for conference call*:
*Country* *Phone number*
*North America * 1-877-586-3392
Canada +1-416-981-9024
Australia 1800703671
Belgium 080077657
France 0800919393
Germany 08001816101
Netherlands 08000222280
Singapore 8001012594
United Kingdom 08004960381
Instant replay (available three hours after the call ends for 48 hours): 1-800-558-5253 or +1-416-626-4100 - Access code: 21898810
*About CAE*
CAE is a global leader in training for the civil aviation, defence and security, and healthcare markets. Backed by a record of more than 70 years of industry firsts, we continue to help define global training standards with our innovative virtual-to-live training solutions to make flying safer, maintain defence force readiness and enhance patient safety. We have the broadest global presence in the industry, with over 9,000 employees, 160 sites and training locations in over 35 countries. Each year, we train more than 120,000 civil and defence crewmembers and thousands of healthcare professionals worldwide. www.cae.com.
Follow us on Twitter @CAE_Inc
*CAE contacts*:
Hélène V. Gagnon
Vice President, Public Affairs and Global Communications
1-514-340-5536
helene.v.gagnon@cae.com
*Investor relations*:
Andrew Arnovitz
Vice President, Strategy and Investor Relations
1-514-734-5760
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