latest news releases from the newsroom
UTi Worldwide's Underwriters Exercise Over-Allotment Option for Follow-On Public Offering
RANCHO DOMINGUEZ, Calif., Dec. 18, 2002 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that the underwriters of its recent follow-on public offering of 5,000,000 ordinary shares, priced at $23.00 per share before underwriting discounts and commissions, have exercised their over-allotment option to purchase an additional 750,000 shares. In the over-allotment option, UTi Worldwide is issuing 600,000 ordinary shares and an existing shareholder of the company is selling 150,000 previously issued and outstanding ordinary shares.
Electrolux holds 5.3% of own shares
STOCKHOLM, Dec. 18, 2002 (PRIMEZONE) -- On December 18, 2002, Electrolux (Nasdaq:ELUX) (LSE:ELXB) repurchased 2,100,000 own shares, series- B, at an average price of SEK 137.74. After this transaction, the Company holds 18,022,252 own B-shares, corresponding to 5.3% of the share capital and 4.2% of the voting rights.
GN Store Nord
Change to GN Store Nord's Board of Directors
COPENHAGEN, Denmark, Dec. 18, 2002 (PRIMEZONE) -- GN Store Nord (Other OTC:GGNDF) today announced that Mr. Preben Schou since 1992, has been a member of the board of directors at GN Store Nord and has announced his immediate resignation from the Board.
Author's Story Telling is Dangerous Fun; Short Stories That Achieve Relevance and Sustain Power
SAN DIEGO, Dec. 18, 2002 (PRIMEZONE) -- "Broken Hearts-Bloody Trails" is now available through 1stBooks Library. Award-winning radio/television producer and author Robert Camacho declares life a painfully joyous paradox. Weary questions about life, death, and the hereafter are vibrant as wicked villains, gut-wrenching surprises, and mesmerizing scenes of love and obsession captivate. "Broken Hearts-Bloody Trails," a contemporary collection of eight short stories and a novella transcend the mundane, revitalizing universal topics.
Becoming Your Own Guru -- New Book Says When Life Hands You Scraps, Make a Quilt
BIRMINGHAM, Ala., Dec. 18, 2002 (PRIMEZONE) -- Rama Pemmaraju Rao, M.D., author of "Make Quilts as Life Gives You Scraps!" (now available through 1stBooks Library) captures the essence of any spiritual path: "We must all become our own guru through life's artful discipleship. As we sew our own unique quilt, we learn that life itself is our teacher and that it indeed provides the necessary cloth scraps for us."
Life's Little Pleasures -- A collection of poems and essays
N. TONAWANDA, N.Y., Dec. 18, 2002 (PRIMEZONE) -- Rich in family memories, wistfulness, optimism and idealism, Joyce Hagen's "Hell's Bells: A Collection of Poems and Essays" (now available through 1stBooks Library) is an attempt to provoke thoughts about the things people should value in their lives: family, relationships and the beauty all around them. It is a window looking into the beauty, joy, sadness and humor of not only the author's life, but also life in general.