Latest news with #ISIN
Yahoo
6 days ago
- Business
- Yahoo
The Vallourec General Shareholders' Meeting of 22 May 2025 Voted in Favor of All the Resolutions and Approved the First Dividend in a Decade
Press release THE VALLOUREC GENERAL SHAREHOLDERS' MEETING OF 22 MAY 2025 VOTED IN FAVOR OF ALL THE RESOLUTIONSAND APPROVED THE FIRST DIVIDEND IN A DECADE Meudon (France), May 22, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces that the Combined General Meeting of Shareholders, held today, chaired by Mr Philippe Guillemot with a quorum of 74.75 %, adopted all the resolutions put to the vote. The General Meeting of Shareholders approved the parent company and consolidated financial statements for the 2024 fiscal year and the payment of a dividend of 1.50€ per share in respect of 2024. The ex-dividend date will be May 26, 2025 and the dividend will be paid on May 28, 2025. In accordance with the by-laws and the applicable free shares plan, the thresholds for the assessment of the performance condition for the vesting of the Tranche 3 and Tranche 4 preferred shares will automatically adjusted of the amount of the dividend, on a euro for euro basis1. Moreover, pursuant to the provisions of section 4.2.8.4. of the note d'opération (AMF visa n°21-093 of March 31, 2021), the exercise ratio (Parité d'Exercice) of the warrants (ISIN Code: FR00140030K7) will also be adjusted. The modalities of such adjustment will be communicated in the coming days. The General Meeting of Shareholders ratified the co-optation of Mr Keith James Howell as Director and renewed his term for four (4) years, i.e. until the end of the Ordinary Shareholders' Meeting called to approve the financial statements for the fiscal year ending December 31, 2028. The General Meeting of Shareholders approved the compensation and benefits paid during or awarded for the year ended 31 December 2024 to the Company's directors and officers and the compensation policy applicable to the directors and officers for 2025. Also, the General Meeting of Shareholders approved the amendment of the Articles of Association to reflect the provisions of the Law n° 2024-537 of June 13, 2024 aimed at increasing the financing of businesses and the attractiveness of France and to specify the powers of the Lead Independent Director. A webcast of the General Shareholders' Meeting of 22 May 2025 and the voting results for each resolution are available on Vallourec's website: About Vallourec Vallourec is a world leader in premium seamless tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1. For further information, please contact: Investor relations:Connor LynaghTel: +1 (713) Individual shareholders:Toll Free number (From France): 0 805 65 10 10actionnaires@ Press relations: TaddeoRomain GrièreTel: +33 (0)7 86 53 17 Nicolas EscoulanTel: +33 (0)6 42 19 14 1 It is reminded that the performance condition of the Tranche 2 preferred shares was already met. For the purposes of the assessment of the performance conditions of the Tranche 3 and Tranche 4 preferred shares, the thresholds will be set respectively at €18.72 and €26.82 respectively (corresponding to the €20.22 and €28.32 thresholds before dividend distribution). Attachment Vallourec_Press Release_Annual General Meeting 2025Sign in to access your portfolio
Cision Canada
21-05-2025
- Business
- Cision Canada
SIMPLY BETTER BRANDS ANNOUNCES NAME CHANGE TO TRUBAR INC. AND CHANGES TO MANAGEMENT
Effective today, Simply Better Brands Corp. has officially rebranded as TRUBAR Inc. and expects to begin trading on the TSXV under the new ticker symbol "TRBR" at the start of trading on or about May 26, 2025. As part of the transition, the Company has appointed Kingsley Ward as Executive Chairman, focusing on capital markets and strategic initiatives, and Erica Groussman as Chief Executive Officer, leading brand operations and growth. VANCOUVER, BC, May 21, 2025 /CNW/ - TRUBAR Inc. (formerly, Simply Better Brands Corp.) (" TRUBAR" or the " Company") (TSXV: SBBC) (OTCQX: SBBCF), a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients, is pleased to announce the Company has changed its name from "Simply Better Brands Corp." to "TRUBAR Inc.", aligning its corporate identity with its flagship brand and primary business focus, TRUBAR™. The Company's common shares are expected to commence trading on the TSX Venture Exchange under the new name and new stock ticker symbol "TRBR" at the start of trading on or about May 26, 2025. In connection with the name change, the new CUSIP number for the common shares will be 89778A100 and the new ISIN number will be CA89778A1003. The name change reflects the Company's evolution into a pure-play branded snacking business, focused entirely on the growth and expansion of TRUBAR™, one of North America's fastest-growing plant-based protein bar brands. The purpose of the rebrand is to align the Company's identity with its core business and consumer-facing brand, while reinforcing its commitment to building long-term shareholder value. No action is required to be taken by shareholders with respect to the name change. Outstanding common share and warrant certificates bearing the old name of the Company are still valid and are not affected by the name and ticker symbol change. Changes to Management In connection with the rebrand to TRUBAR Inc., J.R. Kingsley Ward, who previously served as Chief Executive Officer and Chairman of the Company, will transition to Executive Chairman of TRUBAR, where he will focus on capital markets strategy and corporate development with the goal of driving long-term shareholder value alongside the leadership team. Erica Groussman, co-founder of TRUBAR™, will assume the role of Chief Executive Officer of TRUBAR, leading the brand's day-to-day operations, innovation, and growth strategy. Kingsley Ward, Executive Chairman of TRUBAR, commented " This rebrand marks a pivotal moment for our company as we align our corporate identity with the brand driving our growth, TRUBAR™. It's more than a name change, it reflects our evolution into a focused, disciplined organization committed to scaling a standout brand in the better-for-you snacking space. With Erica leading day-to-day operations as CEO, and my focus shifting to capital markets and corporate strategy as Executive Chairman, we are well-positioned to build long-term shareholder value while continuing to deliver innovative, great-tasting products made with recognizable ingredients." TRUBAR is proud to be led by an experienced management team with a track record of building and scaling consumer brands. The leadership team includes: Laura Fremaine, Chief Financial Officer – Former Controller at VRG Capital, with over 15 years of extensive experience in operational oversight and financial reporting. Kate McDevitt, Vice President of Sales — Over 20 years of sales experience, former Director of National Accounts at Red Bull, leading the brand's sales strategy. Claire Ughetto, Vice President of Operations — Over 25 years of supply chain experience in CPG, former Global Supply Chain leader at Mars, Wrigley's, and Kimberly-Clark. Luc Francillon, Vice President of Finance — Over 30 years of finance experience, former CFO of Mars Retail Group. Natasha Port, Vice President of Marketing — Over 15 years of marketing experience, former marketing leader at Bai Beverages and Keurig Dr Pepper. Fernando Massalin, Vice President Corporate Development and Investor Relations – Former Senior Associate at VRG Capital, bringing capital markets expertise and strategic advisory experience with over 10 years of capital markets experience. Together, this experienced team brings a unique combination of expertise from some of the world's largest consumer packaged goods companies and financial leadership from VRG Capital. With this team, TRUBAR™ is positioned to accelerate its next phase of growth, expand its market presence, and drive continued innovation in the better-for-you snacking space. About TRUBAR Inc. TRUBAR Inc. is a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients. TRUBAR™, the Company's signature product line, is distributed through national retailers, club stores, and e-commerce platforms across North America. The Company is focused on expanding TRUBAR™'s presence throughout North America and select international markets. For more information, visit: 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. Forward-Looking Information Certain statements contained in this news release constitute "forward-looking information" and "forward looking statements" as such terms are used in applicable Canadian securities laws. Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions, including, among others, that the Company's financial condition and development plans do not change as a result of unforeseen events, the tariff and regulatory climate in which the Company operates, and the Company's ability to execute on its business plans. Specifically, this news release contains forward-looking statements relating to, but not limited to: management's current expectations regarding the date the common shares of the Company are expected to commence trading on the TSX Venture Exchange under the new name and trading symbol, management's expectations regarding the strategic focus of the Company in 2025, expansion plans for TRUBAR's products, the success of the Company's marketing efforts, the Company's innovation and growth strategies, the impact of changes to the Company's management, and the retention of key personnel. Forward-looking statements and information are subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking statements and information. Factors that could cause the forward-looking statements and information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, ability to obtain necessary regulatory approvals for proposed transactions, as well as the other risks and uncertainties applicable to the plant-based food, clean ingredient skincare and plant-based wellness or broader wellness industries and to the Company, and as set forth in the Company's annual information form for the year ended December 31, 2024 available under the Company's SEDAR+ profile at The above summary of assumptions and risks related to forward-looking statements in this news release has been provided in order to provide shareholders and potential investors with a more complete perspective on the Company's current and future operations and such information may not be appropriate for other purposes. There is no representation by the Company that actual results achieved will be the same in whole or in part as those referenced in the forward-looking statements and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
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Business Standard
18-05-2025
- Business
- Business Standard
Sebi eases cash flow disclosure norms in corporate bond database framework
Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these calculations. This move is aimed at streamlining and simplifying the process of trade execution on the RFQ platform. As part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond database. Under this, issuers will need to provide a detailed cash flow schedule -- covering interest, dividend, or redemption payments -- at the time of ISIN activation and after the securities are listed. To maintain transparency and accuracy, this information is to be regularly updated in the database. Sebi has also mandated that any changes to the cash flow schedule must be updated within one working day. These new regulations will be applicable to all new debt security issues starting August 18, 2025, and also to existing ISINs for their remaining maturity, the Securities and Exchange Board of India (Sebi) said in its circular on Friday. RFQ, which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade. A wide variety of debt securities are available for trading on the RFQ platform.
Mint
18-05-2025
- Business
- Mint
SEBI pushes transparency bid, simplifies operational process of cash flow disclosure in corporate bond database; details
The Securites and Exchange Board of India (SEBI) has announced simplified operational processes for cash flow disclosure in the corporate bond database, PTI reported on May 18. This was announced in SEBI's latest circular, and comes after the capital markets watchdog reviewed a Request for Quote (RFQ) Platform framework. Aimed at streamlining and simplifying the process of trade execution on the RFQ platform, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. SEBI has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates — and not the actual payment dates — mentioned in the cash flow schedule will be used for these calculations. At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, the markets regulator has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond database. This will require issuers to provide a detailed cash flow schedule — covering interest, dividend, or redemption payments — at the time of ISIN activation and after the securities are listed. Further, to maintain transparency and accuracy, this information is to be regularly updated in the database. SEBI has also mandated that any changes to the cash flow schedule must be updated within one working day. SEBI's new regulations will be applicable to to existing ISINs for their remaining maturity, and to all new debt security issues starting August 18, 2025. RFQ, which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade. A wide variety of debt securities are available for trading on the RFQ platform. Key Takeaways SEBI is simplifying cash flow disclosure for corporate bonds to improve trading efficiency. The new rules will apply to existing ISINs and all new debt issues starting August 2025. RFQ platform will facilitate easier multi-lateral negotiations and trade executions.
Economic Times
18-05-2025
- Business
- Economic Times
Sebi simplifies operational process of cash flow disclosure in corp bond database
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these move is aimed at streamlining and simplifying the process of trade execution on the RFQ part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond this, issuers will need to provide a detailed cash flow schedule -- covering interest, dividend, or redemption payments -- at the time of ISIN activation and after the securities are maintain transparency and accuracy, this information is to be regularly updated in the database. Sebi has also mandated that any changes to the cash flow schedule must be updated within one working new regulations will be applicable to all new debt security issues starting August 18, 2025, and also to existing ISINs for their remaining maturity, the Securities and Exchange Board of India (Sebi) said in its circular on which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade.A wide variety of debt securities are available for trading on the RFQ platform.
