Latest news with #StephenHarris
Yahoo
3 days ago
- General
- Yahoo
WWII Memorial honors 'heroes walking among us'
ASHLAND To mark the 81st anniversary of the largest amphibious invasion in the history of warfare, hundreds of attendees gathered to witness the unveiling of a monument honoring the thousands of Boyd Countians who served in WWII. Though the skies above were overcast, the rain held off for Friday's ceremony, painting a symbolic nod to D-Day's Operation Overlord where Allied forces began the eventual liberation of Western Europe upon the beaches of France, despite the loss of more than 4,000 allied soldiers. The anniversary of the Normandy invasion is often recognized as the 'beginning of the end,' of the atrocities committed overseas during WWII and invoke remembrance of those brave fathers, brothers and sons at least once a year. However, with the instillation of eight panels depicting the thousands of local names who witnessed the cost of the conflict firsthand, local organizers have ensured their sacrifices will be remembered in Boyd County beyond a calendar date. Members of Ashland Paul G. Blazer High School's JROTC marked the beginning of the ceremony by raising the flags of the U.S. Army, Navy, Marine Corps, Air Force and Coast Guard. JROTC member Rilee Layman Bohanon was among them, raising a flag mere steps away from the panel that would reveal the name of his great grandfather. 'This stands not only as a tribute, but also as what a community can do together,' Stephen Harris, president elect of Ashland Rotary Club, said. Harris said when he attended a Rotary meeting welcoming its newest members 10 years ago, project spearhead Cheryl Spriggs was organizing the eventual construction of the memorial wall, even before securing a location, design or financial support. As Spriggs's plans continued throughout her term as Ashland City Commissioner, former Ashland Mayor Matt Perkins said the piece of property at the intersection of 17th Street and Carter Avenue was eventually secured. 'This piece of property represents grit and determination,' Perkins said, explaining a list of WWII veterans used to be displayed at the local post office but was eventually removed, sparking Spriggs and community members' commitment to restore a tribute to the greatest generation. Current Ashland Mayor Chuck Charles said the wall ensures recognition of 'the human cost of conflict ... serv(ing) as a tangible way to see the impact of war.' Charles said the wall allows the community to remember, reflect and respect. For Spriggs's determination, Charles presented the former commissioner with a key to the city. Spriggs said it has been 10 years since she brought the idea to her fellow Rotarians and she has spent the last 7 years working alongside numerous community members and organizations to gather every name deployed from Ashland or Boyd County for their spot on the wall, secure financial donations and collaborated with Kim Jenkins, Highlands Museum & Discovery Center director, and VisitAKY's Brandy Clark on the overall design of the panels and site layout. Spriggs said Clark was the brain child behind fitting more than 6,000 names on the four panels, both sides depicting iconic WWII imagery from a distance. 'Virtually everybody in this town was touched by WWII,' Spriggs said, sharing the story of Griffith Street — roughly the size of two blocks — from where 30 men were drafted. Spriggs also recognized the Henderson family, who sent all four sons overseas and would go years without knowing their location or if they were still alive. Spriggs said though D-Day was not the end of the war, eventually thousands of servicemen would return from the Pacific, Europe, Africa and beyond, back home to Boyd County. 'There were heroes walking among us everywhere,' Spriggs said, recognizing that some families were not so lucky, as hundreds of local men were killed in action, taken prisoner or are described only as missing in action, each of them now bare a golden star alongside their name on the wall. As the population of WWII Veterans continues to dwindle, community members on Friday hope the monument in the heart of Ashland will serve as a reminder of those that sacrificed for a future they would never see.
Yahoo
27-05-2025
- Business
- Yahoo
Members Trust Company Named Finalist in 2025 Family Wealth Report Awards
TAMPA, Fla., May 27, 2025 /PRNewswire/ -- Members Trust Company (MTC), a nationally chartered and OCC-regulated trust company renowned for delivering fiduciary trust and investment management services, is proud to announce its selection as a finalist in the prestigious Twelfth Annual Family Wealth Report Awards 2025. Finalist Category: Diversity in Wealth Management (Company) This nomination highlights MTC's continued commitment to diversity, innovation, and excellence in wealth management for credit unions, their members, registered investment advisors (RIAs), and private investors across the United States. Commenting on being selected as a finalist, Ken Lako, President & CEO of MTC said: "Being named a finalist by the Family Wealth Report Awards reflects our ongoing dedication to meaningful diversity and inclusive leadership. At MTC, diversity is embedded in our culture, shaping how we deliver trusted investment and trust solutions with integrity and long-term impact." The Family Wealth Report Awards, presented by ClearView Financial Media, recognize top-performing firms, teams, and individuals in the family office, wealth management, and trusted advisor sectors across North America. According to Stephen Harris, CEO of ClearView Financial Media, "Every finalist has undergone a rigorous, independent judging process. This recognition showcases strategic clarity, external validation, and industry leadership." Members Trust Company continues to distinguish itself as a leading provider of investment management and fiduciary trust services, emphasizing personalized strategies, financial stewardship, and ethical governance. Looking ahead, MTC is focused on expanding its national footprint and growing assets under administration. The company remains deeply committed to supporting financial advisors across the country, offering flexible trust solutions through both directed and delegated trusts to meet the evolving needs of clients and their families. About Members Trust CompanyMembers Trust Company is a national trust and investment firm owned by America's credit unions. Founded to serve the complex financial needs of credit union members and institutional investors, MTC specializes in trust administration, estate planning, and investment management solutions guided by fiduciary duty and regulatory compliance. Media Contact:Ken LakoPresident & CEOPhone: 813-386-8711Email: 395690@ View original content to download multimedia: SOURCE Members Trust Company Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
20-05-2025
- Business
- Business Wire
IHS Towers Agrees to Sell Rwanda Operations to Paradigm Tower Ventures
LONDON & KIGALI, Rwanda--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) ('IHS Towers'), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has agreed to sell 100% of IHS Rwanda Limited ('IHS Rwanda') including its approximately 1,465 sites 1 to Paradigm Tower Ventures. The transaction is subject to customary closing conditions, including government and regulatory approvals, and is expected to close in the second half of 2025. The terms of the transaction reflect an enterprise value 2 of $274.5 million, implying a transaction multiple of 8.3x adjusted EBITDA after leases 3. This represents a significant premium compared to the current valuation multiple of the IHS Towers group. Sam Darwish, Chairman & CEO, IHS Towers, commented, 'The agreement to sell our Rwanda operations to Paradigm Tower Ventures was carefully considered as part of our strategic initiatives targeted at shareholder value-creation options and highlights the value of our Rwanda operations within our wider portfolio. We have enjoyed more than 10 years of commercial success in Rwanda. We are deeply appreciative to our colleagues and customers, in addition to the Government of Rwanda for its exemplary and investor supportive framework, who have all helped make IHS Rwanda the success it is today.' Stephen Harris, Co-founder, Paradigm Tower Ventures, said, 'Rwanda represents an exciting market with high demand for shared wireless infrastructure. The Paradigm team is very much looking forward to building a strong customer focused business providing high quality and secure infrastructure to mobile network operators.' About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is solely focused on the emerging markets. The Company has over 39,000 towers across its eight markets, including Brazil, Cameroon, Colombia, Côte d'Ivoire, Nigeria, Rwanda, South Africa and Zambia. For more information, please email: communications@ or visit: About Paradigm Tower Ventures: Stephen Harris, Hal Hess and Steven Marshall, well respected and experienced former executives of global and African tower businesses, founded Paradigm Infrastructure in 2019. They have substantial experience in the acquisition and operations of tower businesses in multiple African markets. This transaction marks the first investment by Paradigm Tower Ventures, a new tower platform which is focused on the growth of new build shared wireless infrastructure in Sub–Saharan Africa. Paradigm Tower Ventures is backed for this transaction by a consortium of equity and debt finance providers. Cautionary Language Regarding Forward-Looking Statements This press release contains forward-looking statements. We intend such forward-looking statements to be covered by relevant safe harbor provisions for forward-looking statements (or their equivalent) of any applicable jurisdiction, including those contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this document may be forward-looking statements, including regarding the enterprise value of the transaction, the total base consideration to be received pursuant to the transaction, the potential impact of the sale of IHS Rwanda under the Company's strategic review process, and the timing of any of the foregoing. In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'targets,' 'commits,' 'projects,' 'contemplates," 'believes,' 'estimates,' 'forecast,' 'predicts,' 'potential' or 'continue' or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. You should read this press release and the documents that we reference in this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. Further information on such assumptions, risks and uncertainties is available in our filings with the US Securities and Exchange Commission, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2024. We qualify all of our forward-looking statements by these cautionary statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we do not assume, and expressly disclaim, any obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise. Websites and other materials References to any website or other documents contained in this press release are provided for convenience only, and their content is not incorporated by reference into this press release. Rounding Certain numbers, sums, and percentages in this press release may be impacted by rounding. Certain definitions We define Adjusted EBITDA for the Group as income/(loss) for the period, before income tax expense/(benefit), finance costs and income, depreciation and amortization, net impairment/(reversal of impairment) of withholding tax receivables, impairment of goodwill, business combination transaction costs, net impairment/(reversal of impairment) of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent, reversal of provision for decommissioning costs, net (gain)/loss on sale of assets, share-based payment (credit)/expense, insurance claims, gain on disposal of subsidiary and certain other items that management believes are not indicative of the core performance of our business. See our unaudited condensed consolidated interim financial statements filed with the U.S. Securities and Exchange Commission for additional information, definitions and a reconciliation to the most comparable IFRS measures. 1 As of March 31, 2025. 2 Enterprise value is defined as anticipated consideration to be received on a borrowings and cash free basis. Refer to note 20 in our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2025 (filed on form 6-K with the Securities and Exchange Commission on May 20, 2025) for further information. 3 Consists of contribution for Rwanda to Adjusted EBITDA for IHS Holding Limited and its subsidiaries (the 'Group') of $37.6 million for the last 12 months to March 31, 2025, and reduced by $4.4 million for incremental lease costs in Rwanda. Adjusted EBITDA for the Group is defined in our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2025 (filed on form 6-K with the Securities and Exchange Commission on May 20, 2025).
Yahoo
20-05-2025
- Business
- Yahoo
IHS Towers Agrees to Sell Rwanda Operations to Paradigm Tower Ventures
LONDON & KIGALI, Rwanda, May 20, 2025--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) ("IHS Towers"), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has agreed to sell 100% of IHS Rwanda Limited ("IHS Rwanda") including its approximately 1,465 sites1 to Paradigm Tower Ventures. The transaction is subject to customary closing conditions, including government and regulatory approvals, and is expected to close in the second half of 2025. The terms of the transaction reflect an enterprise value2 of $274.5 million, implying a transaction multiple of 8.3x adjusted EBITDA after leases3. This represents a significant premium compared to the current valuation multiple of the IHS Towers group. Sam Darwish, Chairman & CEO, IHS Towers, commented, "The agreement to sell our Rwanda operations to Paradigm Tower Ventures was carefully considered as part of our strategic initiatives targeted at shareholder value-creation options and highlights the value of our Rwanda operations within our wider portfolio. We have enjoyed more than 10 years of commercial success in Rwanda. We are deeply appreciative to our colleagues and customers, in addition to the Government of Rwanda for its exemplary and investor supportive framework, who have all helped make IHS Rwanda the success it is today." Stephen Harris, Co-founder, Paradigm Tower Ventures, said, "Rwanda represents an exciting market with high demand for shared wireless infrastructure. The Paradigm team is very much looking forward to building a strong customer focused business providing high quality and secure infrastructure to mobile network operators." About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is solely focused on the emerging markets. The Company has over 39,000 towers across its eight markets, including Brazil, Cameroon, Colombia, Côte d'Ivoire, Nigeria, Rwanda, South Africa and Zambia. For more information, please email: communications@ or visit: About Paradigm Tower Ventures: Stephen Harris, Hal Hess and Steven Marshall, well respected and experienced former executives of global and African tower businesses, founded Paradigm Infrastructure in 2019. They have substantial experience in the acquisition and operations of tower businesses in multiple African markets. This transaction marks the first investment by Paradigm Tower Ventures, a new tower platform which is focused on the growth of new build shared wireless infrastructure in Sub–Saharan Africa. Paradigm Tower Ventures is backed for this transaction by a consortium of equity and debt finance providers. Cautionary Language Regarding Forward-Looking Statements This press release contains forward-looking statements. We intend such forward-looking statements to be covered by relevant safe harbor provisions for forward-looking statements (or their equivalent) of any applicable jurisdiction, including those contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this document may be forward-looking statements, including regarding the enterprise value of the transaction, the total base consideration to be received pursuant to the transaction, the potential impact of the sale of IHS Rwanda under the Company's strategic review process, and the timing of any of the foregoing. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "commits," "projects," "contemplates," "believes," "estimates," "forecast," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. You should read this press release and the documents that we reference in this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. Further information on such assumptions, risks and uncertainties is available in our filings with the US Securities and Exchange Commission, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2024. We qualify all of our forward-looking statements by these cautionary statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we do not assume, and expressly disclaim, any obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise. Websites and other materials References to any website or other documents contained in this press release are provided for convenience only, and their content is not incorporated by reference into this press release. Rounding Certain numbers, sums, and percentages in this press release may be impacted by rounding. Certain definitions We define Adjusted EBITDA for the Group as income/(loss) for the period, before income tax expense/(benefit), finance costs and income, depreciation and amortization, net impairment/(reversal of impairment) of withholding tax receivables, impairment of goodwill, business combination transaction costs, net impairment/(reversal of impairment) of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent, reversal of provision for decommissioning costs, net (gain)/loss on sale of assets, share-based payment (credit)/expense, insurance claims, gain on disposal of subsidiary and certain other items that management believes are not indicative of the core performance of our business. See our unaudited condensed consolidated interim financial statements filed with the U.S. Securities and Exchange Commission for additional information, definitions and a reconciliation to the most comparable IFRS measures. 1 As of March 31, 2025. 2 Enterprise value is defined as anticipated consideration to be received on a borrowings and cash free basis. Refer to note 20 in our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2025 (filed on form 6-K with the Securities and Exchange Commission on May 20, 2025) for further information. 3 Consists of contribution for Rwanda to Adjusted EBITDA for IHS Holding Limited and its subsidiaries (the "Group") of $37.6 million for the last 12 months to March 31, 2025, and reduced by $4.4 million for incremental lease costs in Rwanda. Adjusted EBITDA for the Group is defined in our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2025 (filed on form 6-K with the Securities and Exchange Commission on May 20, 2025). View source version on Contacts ihstowers@
Wales Online
29-04-2025
- Wales Online
Men did wheelspins and handbrake turns on a busy road then threatened family with Samurai sword
Men did wheelspins and handbrake turns on a busy road then threatened family with Samurai sword Police described the defendants as "men who believe that the law does not apply to them". Lathan Gray (left) and Stephen Harris Two men in a car performed handbrake turns and wheelspins on a busy main road then threatened a family who challenged them and brandished a Samurai sword, a court has heard. Police described Lathan Gray and Stephen Harris as "men who believe that the law does not apply to them." Swansea Magistrates Court heard that at around 6.20pm on April 20 this year the defendants were in a Citroen Xsara Picasso car on Llangyfelach Road in the Treboeth area of Swansea. The Citroen - with Harris at the wheel - was seen doing handbrake turns and wheelspin on the busy road. Following a near-collision, a passing motorist challenged the defendants about their behaviour and they responded by following his car in a "threatening and intimidating manner." When the motorist stopped at the nearby Texaco garage Harris used the Citroen to block his escape and Gray got out and advanced on their victims' car. He then lifted his jumper to show the long handle of a Samurai sword tucked into his trousers. The court heard that in the car were a couple and their seven-year-old child. The police were called and officers located the defendant's Citroen a short distance away from garage. A search of the car uncovered a kitchen knife and a hammer. Article continues below The vehicle itself had a false registration plate, while checks showed Harris was a disqualified driver. For the latest court reports sign up to our crime newsletter here Latham Gray, aged 27, of Jersey Road, Bonymaen, Swansea, had previously pleaded guilty to affray and to possesison of a bladed article when he appeared in the dock for sentencing. Stephen Harris, aged 29, of Eaton Crescent, Uplands, Swansea, had previously pleaded guilty to driving while disqualified, drink-driving, driving with no insurance, the fraudulent use of a registration mark, and possession of an offensive weapon when he joined his co-defendant in the dock. Gray was sentenced to a total of 48 weeks in prison and Harris to 26 weeks. The defendants will serve up to half their sentences in custody before being released on licence to serve the remainder in the community. Article continues below Harris was also banned from driving for five years and 13 weeks. Speaking after the sentencing South Wales Police detective inspector Danielle Thorne said: "Stephen Harris and Lathan Gray are two men who believe that the law does not apply to them. "Their intimidating behaviour, particularly towards a family with a young child, was totally disgraceful. We hope that they both take their time in prison to think better of this kind of thuggish behaviour."
