Latest news with #Series1
Business Wire
23-07-2025
- Business
- Business Wire
Pembina Pipeline Corporation Announces Successful Completion of Consent and Proxy Solicitation for 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 1
BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce the completion of its previously announced solicitation of written consents and proxies (the "Solicitation") from holders (the "Series 1 Noteholders") of Pembina's 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 1 due January 25, 2081 (the "Series 1 Notes"). The Solicitation received strong support and the Extraordinary Resolution (as defined below) was approved by Series 1 Noteholders. As previously announced, pursuant to the Solicitation, the Series 1 Noteholders were asked to consider and, if deemed advisable, pass an extraordinary resolution (the "Extraordinary Resolution") to approve certain proposed amendments (the "Proposed Amendments") to the indenture dated January 25, 2021 (the "Series 1 Note Indenture") between Pembina, as issuer, and Computershare Trust Company of Canada, as trustee (the "Trustee"), and to authorize Pembina, at its option, and the Trustee to enter into a supplemental indenture (the "Supplemental Indenture"), pursuant to which the Proposed Amendments will be implemented. The Proposed Amendments provide for, among other things, the exchange of all of the outstanding Series 1 Notes for an equal principal amount of 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 3 of the Company due January 25, 2081 (the "Series 3 Notes"). The deadline for the submission of written consents by Series 1 Noteholders expired at 5:00 p.m. (Calgary time) on July 22, 2025 (the "Written Consent Deadline"). In order to pass, the Extraordinary Resolution required the written consent of the registered holders of not less than 66 2/3% of the aggregate principal amount of the outstanding Series 1 Notes. As at the Written Consent Deadline, Series 1 Noteholders representing in excess of 66 2/3% of the aggregate principal amount of outstanding Series 1 Notes consented to the Extraordinary Resolution. As a result, Pembina and the Trustee will promptly execute the Supplemental Indenture pursuant to which the Proposed Amendments will become effective and all of the outstanding Series 1 Notes will be exchanged for an equal principal amount of Series 3 Notes. As a result of the Extraordinary Resolution being passed by written consent of the Series 1 Noteholders prior to the Written Consent Deadline, the meeting of the Series 1 Noteholders that was previously scheduled for 12:15 p.m. (Calgary time) on July 28, 2025 is cancelled. The full text of the Extraordinary Resolution and additional details in respect of the Solicitation, the Proposed Amendments and the Series 3 Notes are more fully described in the consent and proxy solicitation statement of Pembina dated June 30, 2025 (the "Consent and Proxy Solicitation Statement"). A copy of the Consent and Proxy Solicitation Statement is available under the Company's SEDAR+ profile at About Pembina Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically-located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive. Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division. Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit Disclaimer This news release does not constitute an offer to sell or the solicitation of an offer to buy the Series 1 Notes or any other securities in any jurisdiction. The Consent and Proxy Solicitation Statement does not constitute a solicitation of consents or proxies in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable securities laws. The Series 3 Notes have not been approved or disapproved by any regulatory authority. The Series 3 Notes have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities law, and may not be offered or sold within the United States or to, or for the account or benefit of, United States persons except in transactions exempt from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws. Forward-Looking Information and Statements This news release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking statements"), including forward-looking statements within the meaning of the "safe harbor" provisions of applicable securities legislation that are based on Pembina's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified by terminology such as "expect", "intend", "will", "shall", and similar expressions suggesting future events or future performance. In particular, this news release contains forward-looking statements relating to the expected timing and effect of the execution of the Supplemental Indenture and the implementation of the Proposed Amendments; the exchange of Series 1 Notes for Series 3 Notes; and the creation and issuance of the Series 3 Notes and the terms thereof. These forward-looking statements are based on certain assumptions that Pembina has made in respect thereof as at the date of this news release, including: the expected impact of the Proposed Amendment and the exchange of Series 1 Notes for Series 3 Notes on the credit ratings in respect of Pembina and its securities; and certain other assumptions in respect of Pembina's forward-looking statements detailed in Pembina's Annual Information Form for the year ended December 31, 2024 (the "AIF") and Management's Discussion and Analysis for the year ended December 31, 2024 (the "Annual MD&A"), which were each filed on SEDAR+ on February 27, 2025, in Pembina's Management's Discussion and Analysis for the three months ended March 31, 2025 (the "Interim MD&A"), which was filed on SEDAR+ on May 8, 2025, and from time to time in Pembina's public disclosure documents available at and through Pembina's website at These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the impacts of a changing risk profile and possible subjection to, or continuation of, a credit rating review, which may result in a downgrade or negative outlook being assigned to Pembina or its securities, including the Series 1 Notes and the Series 3 Notes; and certain other risks and uncertainties detailed in the AIF, Annual MD&A, Interim MD&A and from time to time in Pembina's public disclosure documents available at and through Pembina's website at Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. The forward-looking statements contained in this news release are expressly qualified by the above statements. Pembina does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws.
Newsweek
23-06-2025
- Automotive
- Newsweek
F1 Star Charles Leclerc Shows Off Timeless Taste With Ferrari 275 GTB
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Ferrari Formula One driver Charles Leclerc was spotted in his Monaco hometown in his latest garage addition- the iconic Ferrari 275 GTB, designed by Pininfarina. Only 200 units of the Series 1 were produced between 1964 and 1968, making it a rare car to own. The price for a fully restored model hovers between $2.5 million and $5 million. Leclerc's fully restored 275 GTB turned heads the day it appeared on the streets, flaunting its classic 1965 Le Mans pedigree, where it finished third, making it a standout even among the F1 driver's coveted Ferrari collection, including the 812 Competizione Aperta, the Purosangue SUV, or even his customized Ferrari SP3 Daytona. The 275 GTB came with a 3.3-liter Colombo V12 engine producing 280 horsepower, mated to the Italian marque's first road-going 5-speed gearbox. However, this wasn't the first time Leclerc was spotted in a Ferrari 275 GTB. The Monegasque took a 275 around the famed Fiorano circuit back in 2021, and called his thrilling run around the track a special one. Unfortunately, the same can't be said about the Ferrari he drives on Grand Prix circuits, the SF-25 F1 car. The Maranello outfit has been struggling to extract further performance from the car, adding to the frustrations of Leclerc and his new teammate, Lewis Hamilton. Charles Leclerc of Monaco and Scuderia Ferrari looks on during previews ahead of the F1 Grand Prix of Canada at Circuit Gilles-Villeneuve on June 12, 2025 in Montreal, Quebec. Charles Leclerc of Monaco and Scuderia Ferrari looks on during previews ahead of the F1 Grand Prix of Canada at Circuit Gilles-Villeneuve on June 12, 2025 in Montreal, previous race in Canada saw him start from the eighth position on the grid, but he managed to finish the race in fifth. However, he blamed himself for the race result, considering an error he committed during qualifying that prevented him from starting on the front row. Speaking after the Canadian GP, he said: "Honestly, I think today is kind of the result of my mistakes. FP1, Qualifying, the traffic... all in all I think that puts us a little bit in a difficult situation because we start further back on the grid. "Then for strategy, there's been a bit of talk on the radio. I was of the opinion that the one-stop could work, the team was more of the opinion that the two-stop was the right way. Eventually, the team is making the final call because they have more information than I do. "I wanted to make it clear that this was not what I was thinking, but I understand. I will speak with the team and I'll explain to them what I saw that made me think that this was the wrong choice. Overall, I don't think that this has completely changed our race result. Eventually that's where we deserved to finish. "The pace was pretty strong. I think the starting position was just very difficult to deal with because then you've got to overtake and it makes everything difficult. I don't think FP1 hurt our weekend that much."
The Irish Sun
30-05-2025
- Entertainment
- The Irish Sun
The Grand Tour fans threaten to boycott Amazon Prime hit as they fume over new line up after Clarkson and co quit
FANS of The Grand Tour have threatened to boycott the Amazon Prime hit series. Longtime viewers were left fuming over the new line-up after Jeremy Clarkson decided to quit the programme. 8 Richard Hammond, Jeremy Clarkson and James May will be replaced on their Amazon Prime show Credit: Getty 8 James Engelsman from the viral Throttle House YouTube channel will be one of the presenters Credit: iNSTAGRAM 8 His long-time co-star Thomas Holland will also form part of the new lineup Credit: Instagram After departing the BBC and leaving Top Gear behind in 2015, The Clarkson's Farm star teamed up again with his longtime colleagues. Alongside James May and Richard Hammond, he brought the on-screen band back together to make a different motoring show in 2016. The trio went on to front five full series of The Grand Tour, before airing one last special as a grand send off in September 2024. It marked the end of a 22-year-long collaboration between Jeremy, 65, James, 62, and Richard, 55. READ MORE ON JEREMY CLARKSON Now, it's been revealed that the series will continue on Amazon Prime but with new presenters leading the format. The duo will be joined by viral trainspotting personality, Most read in News TV A source previously told us: "Thomas and James are as knowledgeable about motors as Jeremy, Richard and James — the only difference is they're younger, cooler and a lot more social media savvy. "Francis became famous for his love of trainspotting and will be bringing his humour to the show." I shall miss this' says emotional Jeremy Clarkson in new trailer for The Grand Tour's epic final ever episode However, droves of fans have been left disappointed by the news as they flooded X, formerly known as Twitter with comments. One viewer posted: "I will watch a grand total of 0 episodes." A second stated: "Oh F**! What is the actual point? This will be a bigger disaster than Top Gear was." "The Grand Tour was created for Jeremy, Richard and James so this is feeling wrong. Why not give it a fresh new name and not linked to what was before," enquired a third user. The Grand Tour episode guide How many seasons of The Grand Tour are there and where do they take place? The Grand Tour launched on They have now brought five epic series of motoring adventures to the small screen, each taking place in different locations and even featuring celebrity guests. Series 1 Series 1 aired from 2016 to 2017 and took the presenters to a number of foreign locales, including Jordan, Morocco and Italy. The series is comprised of 13 episodes, with episodes 7 and 8 making up a two-part special set in Namibia, where the trio embarked on an epic beach buggy challenge. Series 2 Jeremy, Richard and James returned for more motoring actor in series 2, and drove their way across Europe as they tested out some of their dream vehicles like the Bugatti Chiron and the McLaren 720S. This series, which aired from 2017 to 2018, is made up of 11 episodes. It features regular 'studio segments' filmed in the team's permanent tent in the Cotswolds, and had regular participation from celebrities with two guests going head-to-head on timed laps every episode. Series 3 In 2019, the presenting trio crossed continents - from North America, to South America, to Europe and Asia - putting both new vehicles and classic sports cars through their paces. This series was the last to feature the regular studio segments, car reviews and timed laps. To mark the end of this era the final episode's last segment includes a montage of scenes featuring the presenters over the course of their career as a trio, not only from this programme, but also from their time hosting Top Gear. Series 4 This series marked a complete change in format for The Grand Tour as it consists entirely for feature-length specials which aired between 2019 and 2021. The first two chronicle Jeremy, Richard and James' epic adventures across Asia and Africa, while the third and fourth episodes saw them put foreign cars to the test on their home turf. And fitting American vehicles through Scottish roads is no easy feat. Series 5 Following the same format as series 4, the fifth and final series of The Grand Tour also consists of four feature-length specials. The first of these hits screens in 2022 and follows the trio as they travelled through Norway, Sweden and Finland in three Rally-Inspired Sports Saloons. The second episode was another Euro adventure while the third took the presenters back to Africa. The fourth instalment of the series and final ever episode of The Grand Tour, titled One for the Road, premieres on September 13, 2024. It promises to be an emotional one as the trio set out on one epic final adventure in Zimbabwe and reflect on their 22-year-long working relationship and friendship. While someone else exclaimed: "I mean what's the point the show was created for Jeremy, James and Richard." As a fifth noted: "The Grand Tour was created for Jeremy, Richard and James specifically. By all means have a new motoring show on your platform with these guys, nothing against them at all. But it would be better to just have it under a different name." A sixth fan said: "What a mess. Amazon might as well take all the money they'd be spending on this, put in a dumpster and set fire to it." They added: "An absolute waste of time and money." 8 Viral sensation Francis Bourgeois will join the pair for the new series Credit: Getty 8 Jeremy Clarkson, James May, and Richard Hammond left the BBC and went to Amazon Prime to make The Grand Tour Credit: Free for editorial use 8 The infamous trio made five full series of the hit motoring show Credit: Getty 8 Their grand send off came with one last special episode in September 2024 Credit: PA 8 It marked the end of a 22-year partnership Credit: PA:Press Association
Business Wire
13-05-2025
- Business
- Business Wire
Superior Plus Reports Voting Results of Annual and Special Meeting of Shareholders
TORONTO--(BUSINESS WIRE)--Superior Plus Corp. ('Superior Plus' or 'the Company') (TSX:SPB) held its annual and special meeting of shareholders on May 13, 2025 virtually (the 'Meeting') and is pleased to announce that all resolutions voted upon were approved. Pursuant to the requirements of the Toronto Stock Exchange, Superior is issuing this news release to summarize the voting results in respect of the Meeting. A total of 134,424,278 shares of the Company ('Shares') comprised of 104,421,441 Common Shares and 30,002,837 Series 1 Special Voting Preferred Shares representing approximately 51.28% of the votes attached to all outstanding Shares, were present or represented by proxy at the Meeting. Each of the 10 director nominees of the Company listed in the management information circular of the Company dated March 25, 2025 were elected by ordinary resolution passed by a vote of the holders of Shares conducted by ballot at the Meeting as follows: Nominee Votes For Votes Against Number Percentage Number Percentage Catherine M. Best 123,988,943 93.53% 8,574,492 6.47% Jean Paul (J.P.) Gladu 128,970,939 97.29% 3,592,496 2.71% Patrick E. Gottschalk 127,952,759 96.52% 4,610,676 3.48% Jennifer M. Grigsby 127,788,890 96.40% 4,774,545 3.60% Michael J. Horowitz 124,288,719 93.76% 8,274,716 6.24% Calvin B. Jacober 124,017,671 93.55% 8,545,764 6.45% Allan A. MacDonald 127,384,946 96.09% 5,178,489 3.91% Laura L. Schwinn 129,270,531 97.52% 3,292,904 2.48% David P. Smith 120,413,372 90.83% 12,150,063 9.17% William T. Yardley 129,090,346 97.38% 3,473,089 2.62% Expand Shareholders also approved an ordinary resolution appointing Ernst & Young LLP as the Company's auditors (99.38%), approved an ordinary resolution approving a new stock option plan for the Company (93.45%), approved a special resolution reducing the stated capital account maintained in respect of the Common Shares to Cdn$5 per share (99.04%) and approved a non-binding advisory vote regarding the Company's approach to executive compensation (92.09%). About Superior Plus Superior Plus is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 750,000 customers in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior Plus safely delivers low carbon 1 fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior Plus is a leader in the energy transition and helping customers lower operating costs and improve environmental performance. 1 Superior Plus defines 'low carbon' and 'lower carbon' fuels as those with a lower carbon intensity than fossil fuels that may be utilized in the same application (e.g. diesel, gasoline).
New Straits Times
11-05-2025
- General
- New Straits Times
Same training modules for all NS trainees despite gender-based camp separation
KUALA LUMPUR: All trainees under the National Service Training Programme 3.0 Series 2/2025, which begins today, will undergo the same training modules, despite being placed in two separate camps based on gender. National Service Training Department director-general, Major General Datuk Ya'cob Samiran said male trainees are based at the 505 Territorial Army Regiment Camp in Pekan, Pahang, and female trainees are at the 515 Territorial Army Regiment Camp here. "There is no difference in the training content. Any variation will only relate to the physical capabilities and health conditions of the individual trainees. "Physical training will be conducted in stages and based on increasing levels of difficulty," he said during a media briefing after observing the registration of female trainees at the 515 Territorial Army Camp today. He added that the core structure of the training modules has been retained, with several enhancements made. "The training modules are still 70 per cent military-based and 30 per cent national identity components, with slight enhancements in execution through more hands-on practical sessions," he said. Commenting on today's registration process, Ya'cob said that 550 trainees, comprising 350 males and 200 females, are expected to take part in this session of the national service training, which runs for 45 days until June 24. He said the registration process is expected to take two to three days, as many trainees have requested late registration due to issues such as camp location or personal preparedness. Ya'cob added that the national service training is open to accepting voluntary trainees, subject to available slots, and confirmed that 30 voluntary participants have already registered. Previously, 116 trainees completed the 3.0 Series 1/2025, which ran for 45 days from Jan 12 to Feb 25 at the 515 Territorial Army Regiment Camp. Taking place after a seven-year suspension, it involved 73 male and 43 female trainees aged between 18 and 25. The gradual reintroduction of the national service programme aims to foster patriotism, national unity and personal resilience among Malaysian youth, while equipping them with the physical and mental fortitude to face life's challenges.
