latest news releases from the newsroom
Novo Group Oyj
Novo Group Applies For Listing Of 2001B-Warrants On The Main List Of The Helsinki Exchanges
HELSINKI, Finland, Sept. 19, 2003 (PRIMEZONE) -- The Board of Directors of Novo Group Plc (Other OTC:NVOGF) has resolved to apply for listing of 2001B-warrants on the main list of the Helsinki Exchanges so that the listing will commence approximately on October 1, 2003. The total number of 2001B-warrants is 900,000. Each warrant entitles its holder to subscribe for one (1) Novo Group Plc share. In the aggregate, the 2001B-warrants entitle the holders to subscribe for 900,000 shares. The present share subscription price with 2001B-warrants is EUR 4.86/share. The dividends payable annually shall be deducted from the share subscription price.
MB Tech, Inc.
MB Tech, Inc. Engages Elite Financial Communications Group; Company to Launch Market Awareness Campaign Immediately
LOS ANGELES, Sept. 19, 2003 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT), a global manufacturer and distributor of satellite electronics, today announced that it has engaged Elite Financial Communications Group, LLC, a full service, pro-active financial communications, investor relations and strategic resourcing firm, to serve as its investor and financial media relations counsel.
Frontline -- Capital adjustments
HAMILTON, Bermuda, Sept. 19, 2003 (PRIMEZONE) -- One employee of Frontline (NYSE:FRO) has exercised options to acquire a total of 1,333 shares in Frontline. All shares have been acquired at a strike price of USD 8.60 per share. Total proceeds were USD 11,463.00.
Electrolux will make provision for loan guarantees within professional laundry equipment
STOCKHOLM, Sweden, Sept. 19, 2003 (PRIMEZONE) -- Electrolux (Nasdaq:ELUX) will make a provision of EUR 32m (approximately SEK 290m) in the third quarter of 2003, referring to previously issued loan guarantees for launderette operators in Germany. The launderettes are experiencing financial difficulties due to weak market conditions, and Electrolux may be required to fulfill its guarantee commitments.
Akzo Nobel appoints Senior Vice President Human Resources
ARNHEM, The Netherlands, Sept. 19, 2003 (PRIMEZONE) -- Akzo Nobel (Other OTC:AKZOF)(Nasdaq:AKZOY) has appointed Paul L. Matson (54) as Senior Vice President of Human Resources to succeed Olle Werner who will retire this month. Mr. Matson will take up his new post on October 1, 2003, and will report to Hans Wijers, Chairman of the Board of Management of Akzo Nobel.
Crucell to Present at 2003 UBS Global Life Sciences Conference
LEIDEN, The Netherlands, Sept. 19, 2003 (PRIMEZONE) -- Dutch biotechnology company, Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) today announced that it is presenting at the 2003 UBS Global Life Sciences Conference being held September 22-25, 2003 in The Plaza Hotel, New York City. Crucell's CEO, Dinko Valerio, will be presenting on Thursday, September 25, 2003 at 4:00 p.m.