Latest news with #sharepurchase
Yahoo
2 days ago
- Business
- Yahoo
Peter Levine Bought 5.7% More Shares In Atome
Those following along with Atome Plc (LON:ATOM) will no doubt be intrigued by the recent purchase of shares by Peter Levine, Chairman & Company Secretary of the company, who spent a stonking UK£400k on stock at an average price of UK£0.50. While that only increased their holding size by 5.7%, it is still a big swing by our standards. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In fact, the recent purchase by Chairman & Company Secretary Peter Levine was not their only acquisition of Atome shares this year. They previously made an even bigger purchase of UK£500k worth of shares at a price of UK£0.75 per share. That means that even when the share price was higher than UK£0.49 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. In the last twelve months Atome insiders were buying shares, but not selling. Their average price was about UK£0.59. I'd consider this a positive as it suggests insiders see value at around the current price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Atome There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Atome insiders own 41% of the company, worth about UK£9.7m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Atome. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 5 warning signs for Atome (2 are potentially serious!) and we strongly recommend you look at these before investing. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
National Post
27-05-2025
- Business
- National Post
Sun Valley Investments AG Announces Agreement to Purchase Shares of Mineros S.A.
Article content TORONTO — Sun Valley Investments AG (' Sun Valley ') announces that it has entered into a share purchase agreement (the ' Agreement ') with Corporación Financiera Colombiana S.A. (' Corficolombiana ') to purchase 23,850,263 common shares (the ' Acquired Shares ') of Mineros S.A. (' Mineros ', TSX: MSA, CB: MINEROS), which represent approximately 7.96% of Mineros' issued and outstanding common shares. The Agreement contemplates that the Acquired Shares may be purchased through a variety of purchase mechanisms including tender offers in Colombia and private secondary market transactions in Canada. Sun Valley will pay 5,500 Colombian pesos per Acquired Share. Article content Article content Sun Valley currently owns 172,122,705 shares of Mineros, which are valued at CAD $ 421,700,627 as of the closing price of Mineros shares on the Toronto Stock Exchange (' TSX ') yesterday and comprise a participation of approximately 57.42 % of Mineros issued and outstanding common shares. Upon closing of the Agreement, and subject to prior satisfaction of conditions precedent, Sun Valley expects to own a total participation of approximately 65.38 % of Mineros' issued and outstanding common shares which would be valued at approximately CAD $ 480,133,772 as of the closing price of Mineros shares on the TSX yesterday. The Agreement is binding on both parties, obligating Corficolombiana to sell exclusively to Sun Valley and Sun Valley to purchase the Acquired Shares under the terms set forth therein. Article content A more detailed description of the purchases contemplated by the Agreement, will be provided if the preliminary approvals required to purchase the Acquired Shares are obtained. Article content Dentons Cardenas & Cardenas Abogados S.A.S (Colombia) and Dentons Canada LLP have acted as legal advisors to Sun Valley in connection with the Offer. Article content Sun Valley is a private investment firm focused on the metals and mining industry with portfolio companies and branch offices in the Americas, Europe and Asia. Sun Valley's senior leadership team has several decades of experience in mining and investment companies and combines investment skills across diverse asset classes with hands-on experience at both senior and junior companies in the precious metals mining and refining industry. The firm finances the entire precious metals supply chain: mineral exploration, mine construction, production, processing and refining. Article content Article content Article content Article content Article content
Yahoo
23-05-2025
- Business
- Yahoo
Scandinavian Tobacco Group A/S: Notification and Public Disclosure of Transactions by Person Discharging Managerial Responsibilities
Company AnnouncementNo. 12/2025 Copenhagen, 23 May 2025 Notification and Public Disclosure of Transactions by Person Discharging Managerial Responsibilities 1. Information on the person discharging managerial responsibilities/person closely associated a)NameThomas Thomsen2. Reason for the notificationa)Position/title Member of the Board of Directors, employee-electedb)Initial notification/amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameScandinavian Tobacco Group A/Sb) LEI code5299003KG4JS99TRML674. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a)Description of the financial instrument, type of instrumentIdentification codeShares DK0060696300 – STGb)Nature of the transaction Purchase of sharesc)Price(s) and volume(s) Price(s) Volume(s) DKK 83.00 1,785 shares DKK 83.50 215 shares d)Aggregated information- Aggregated volume- Price 2,000 sharesTotal price: DKK 166,108e)Date of the transaction2025-05-22 and 2025-05-23f)Place of the transactionNasdaq Copenhagen: XCSE For further information, please contact:Torben Sand, Head of Investor Relations and Communications, phone: +45 5084 7222 or About Scandinavian Tobacco Group Scandinavian Tobacco Group A/S is a world-leading manufacturer of handmade and machine-rolled cigars with an annual production of more than four billion cigars. The Group holds market-leading positions in several categories and its products are sold in more than 100 markets. Scandinavian Tobacco Group has its headquarters in Copenhagen, Denmark – and employs approximately 10,000 people in Europe, the US, Canada, the Dominican Republic, Honduras, Nicaragua, Indonesia and Sri Lanka. For more information please visit Attachment Scandinavian Tobacco Group, Transaction by Management, 23 May, 2025Error 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
Globe and Mail
22-05-2025
- Business
- Globe and Mail
EverGen Infrastructure Corp. Announces Closing of First Tranche of Private Placement and Change of Management
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws. VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- EverGen Infrastructure Corp. (' EverGen ' or the ' Company ') (TSXV: EVGN) is pleased to announce that, further to its press release dated April 23, 2025, the Company has closed certain transactions contemplated under the share purchase and reorganization agreement (the ' Agreement ') dated April 22, 2025 with Ask America, LLC (the ' Purchaser '). Pursuant to the terms of the Agreement, the Purchaser acquired common shares of the Company (' Common Shares ') for total gross proceeds of CAD$5,000,000 (the ' Private Placement ') and the Company concurrently completed a 'Change of Management', as defined below. Private Placement Pursuant to the terms of the Agreement, the Company closed the first tranche of the Private Placement and issued an aggregate of 8,333,333 Common Shares at a price of $0.60 per Common Share to the Purchaser for gross aggregate proceeds of CAD$5,000,000. It is anticipated that one or more subsequent tranches of the Private Placement will be closed in due course, for aggregate proceeds to the Company of up to CAD$7,000,000. The Common Shares issued pursuant to the Private Placement are subject to a four month hold period pursuant to applicable securities laws. No finder's fees or commissions were paid by the Company in connection with the aforementioned closing. The Company expects to use the proceeds of the Private Placement for working capital and general corporate purposes. The closing of the Private Placement resulted in the Purchaser becoming a new 'Control Person' of the Company (as defined in the policies of the TSX Venture Exchange (the ' TSXV ')) and was approved by a majority of shareholders of the Company by way of written consent, in accordance with TSXV policies. Immediately prior to closing of the Private Placement, 1,211,026 options, warrants and other equity settled incentive securities held by current and former members of the Company's management and Board were surrendered for cancellation for nominal consideration. Change of Management Concurrently with closing of the first tranche of the Private Placement, the majority of the executive officers and directors of the Company resigned and were replaced with a new management team consisting of Chase Edgelow as Chief Executive Officer and Ron Green as Chief Operating Officer, with Sean Hennessey continuing as Chief Financial Officer and a new board of directors of the Company (the ' Board ') consisting of: Chase Edgelow, Varun Anand, Blake Almond, and Mischa Zajtmann (collectively, the ' Change of Management '). The foregoing changes constituted a 'Change of Management' (as defined in the policies of the TSXV) and were approved by a majority of shareholders of the Company by way of written consent, in accordance with TSXV policies. For details of the new management team and Board members, please see the press release of the Company dated April 23, 2025. The Company would like to thank its resigning directors and officers for their service and contributions to the Company and wishes each of them well in their future endeavors. Early Warning Disclosure Upon completion of the Private Placement, ASK America holds 8,333,333 Common Shares, representing approximately 37% of the issued and outstanding Common Shares on a non-diluted basis and approximately 34% of the issued and outstanding Common Shares on a fully diluted basis (after the grant of equity incentive awards described below under ' Equity Incentive Grant '). Prior to completion of the Private Placement, ASK America did not beneficially own, or exercise control or direction over, any securities of the Company. ASK America acquired these securities for investment purposes, and may, in the future, increase or decrease its ownership of securities of the Company, directly or indirectly, from time to time depending upon, among other things, the business and prospects of the Company and future market conditions. For further details regarding the acquisition of the Common Shares described above, see the early warning report which will be available on EverGen's SEDAR+ profile. ASK America can be contacted at Suite 4200, Bankers Hall West, 888 – 3 rd Street SW, Calgary, AB T2P 5C5. Equity Incentive Grant On closing, the Company granted an aggregate of 1,500,000 stock options, 150,000 deferred share units and 350,000 restricted share units to certain directors and officers of the Company pursuant to the Company's equity incentive plan adopted on March 18, 2021. The stock options have an exercise price of $0.60 per Common Share, a seven-year term and vest as to one-third on each of the grant date and the first and second anniversaries of the grant date. The restricted share units vest on the first anniversary of the grant date. About EverGen Infrastructure Corp. EverGen, Canada's Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen Infrastructure Corp. and our projects, please visit About ASK America LLC ASK America LLC is backed by a multi-generational U.S. family office with several decades of investment experience across a broad spectrum of asset classes. The family office has amassed substantial assets under management, fueled by the success of its wholly owned consumer products business as well as the consistent growth of its investment portfolio. Through ASK America LLC, the group brings a combination of operational acumen and patient, long-term capital to its partnerships, with a steadfast commitment to fostering sustainable growth and delivering superior risk-adjusted returns. Cautionary Statements Regarding Forward Looking Information This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as 'may', 'should', 'anticipate', 'will', 'estimates', 'believes', 'intends' 'expects' and similar expressions which are intended to identify forward-looking information or statements. More particularly and without limitation, this press release contains forward looking statements and information concerning: the completion of subsequent tranches of the Private Placement and the use of proceeds of the Private Placement. EverGen cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of EverGen, including expectations and assumptions concerning EverGen, the Private Placement, the Change of Management, the timely receipt of all required approvals and exemptions and the satisfaction of other conditions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of EverGen. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and EverGen 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 expressly required by securities law. This press release is not an offer of the securities for sale in the United States. The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. Neither 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.
Yahoo
21-05-2025
- Business
- Yahoo
Caledonia Mining Corporation Plc: Director/PDMR Shareholding Notification
ST HELIER, Jersey, May 21, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) ("Caledonia" or "the Company") announces that it received notification on May 20, 2025 from Mr Victor Gapare, an executive director of Caledonia and the settlor of a discretionary trust which ultimately owns the shares in Toziyana Resources Limited, the largest shareholder in the Company, ('Toziyana') that Toziyana has purchased, in aggregate, 2,280 common shares in the Company on May 20, 2025 at a volume weighted average price of $16.96 per share (the 'Purchases'). Following the Purchases, Mr Victor Gapare now holds an interest, as the settlor of that trust, in common shares representing 12.57 per cent. of the Company's issued share capital. A copy of the notification is below. Enquiries: Caledonia Mining Corporation PlcMark LearmonthCamilla Horsfall Tel: +44 1534 679 800Tel: +44 7817 841 793 Cavendish Capital Markets Limited (Nomad and Joint Broker)Adrian Hadden Pearl Kellie Tel: +44 207 397 1965Tel: +44 131 220 9775 Panmure Liberum (Joint Broker)Scott Mathieson/ Ailsa MacMaster Tel: +44 20 3100 2000 Camarco, Financial PR (UK)Gordon PooleJulia TilleyElfie Kent Tel: +44 20 3757 4980 3PPB (Financial PR, North America)Patrick ChidleyPaul Durham Tel: +1 917 991 7701Tel: +1 203 940 2538 Curate Public Relations (Zimbabwe)Debra Tatenda Tel: +263 77802131 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39 NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Victor Gapare 2 Reason for the notification a) Position/status Executive Director b) Initial notification/ Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Caledonia Mining Corporation Plc b) LEI 21380093ZBI4BFM75Y51 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrumentIdentification code Common shares of no par valueJE00BF0XVB15 b) Nature of the transaction Purchase of securities c) Price(s) and volume(s) Price(s) Volume(s) US$16.96 2,280 d) Aggregated information- Aggregated volume - Price N/A e) Date of the transaction May 20, 2025 f) Place of the transaction NYSE American LLC 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
