Compagnie Financière Tradition: Dividend 2021 approved
Dividend 2021
The Annual General Meeting of Compagnie Financière Tradition SA, Lausanne («CFT») on 19 May 2021 approved the proposal of the Board of Directors to distribute a dividend in the form of a cash dividend and a distribution of treasury shares held by CFT («dividend»).
The dividend consists of a cash payment of a gross amount of CHF 5.00 («cash dividend») per bearer share of CFT with a nominal value of CHF 2.50 («bearer share(s)») and the distribution of one bearer share for every 75 bearer shares held, to be deducted from the legal reserve from capital contributions («stock dividend»).
May 13 2021
Upon its entry into force on January 1 2020, the Swiss Financial Services Act (FinSA), first, significantly changed the regulatory regime applicable to financial service providers in Switzerland and, second, introduced a new and modern regime for the offering of financial instruments.
Financial services
Among other things, the FinSA introduced regulatory requirements for all persons and entities providing financial services (as such term is defined in the FinSA) on a commercial basis in Switzerland or for clients in Switzerland (financial service providers).
Financial service providers are now subject to the new conduct rules set out in the FinSA and need to take certain organisational measures set forth in the FinSA and those financial service providers that are not yet subject to a prudential supervision in Switzerland within the meaning of the Swiss Financial Market Supervision Act are required to have their client advisers registered in a n
WISeKey International Holding Ltd: WISeKey Announces Strong Q1 2021 Unaudited Revenues
Unaudited
year of strong operational and financial performance
Zug, Switzerland, May
10
, 2021 - WISeKey International Holding Ltd. ( WISeKey or Company ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021. COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves, efficiently manage ou
WISeKey International Holding Ltd: WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021
from its
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Zug, Switzerland - May 7, 2021 - WISeKey International Holding Ltd ( WISeKey or Company ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it has signed a term-sheet to enter into a back-to-back unsecured short-term loan and the issuance and subscription of convertible notes with Alpha Blue Ocean to finance its new TrustNFT.IO NFT platform to be launched in June 2021.
The financing provided by Alpha Blue Ocean, a dynamic family office with the mission of revolutionizing the financial industry by offering innovative and tailored investments adapted to risk, is in the form of a short-term loan of $10.0 million repayable over a period of 12 months. Repayments are to be made either in cash or by requesting Alpha
WISeKey to receive a $10 0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT IO NFT platform to be launched in June 2021 pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.