Connect with us

Technology

Making Science Group Announces the Closing of its Acquisition of United Communications Partners, Inc.

Published

4 months ago

on

NEW YORK, Aug. 26, 2024 /PRNewswire/ — United Communications Partners Inc. (“UCP”) (OTC Markets Group: UCPA) and Making Science Group, S.A. (“Making Science”) (BME Growth: MAKS) are pleased to announce that pursuant to the terms of the previously announced agreement and plan of merger (the “Merger Agreement”) between UCP and Making Science Marketing & Adtech, SLU (“MSMA”), a wholly-owned subsidiary of Making Science, MSMA has acquired all of the common stock of UCP not currently owned by Making Science and its affiliates (the “UCP Shares”). Following the acquisition, UCP will continue to operate as a wholly-owned subsidiary of MSMA and as part of the Making Science group.

Pursuant to the Merger Agreement, MSMA has paid cash consideration of $0.0029086 per UCP Share (the “Merger Consideration”) to the stockholders of UCP, other than MSMA and its affiliates, in exchange for the UCP Shares. Stockholders of UCP are encouraged to review UCP’s proxy statement, dated July 2, 2024, for details on how to submit their stock certificate or book-entry shares along with a duly completed letter of transmittal to the paying agent so that they can receive their respective Merger Consideration.

The letter of transmittal will be sent by the Company’s paying agent for the merger, Computershare, and will include instructions advising shareholders how to surrender their share certificates for the cash merger consideration. In addition, the letter of transmittal will include Internal Revenue Service Form W-9 (for U.S. shareholders) and a Form W-8BEN (for non-U.S. shareholders) for completion by those shareholders whose taxpayer identification number has not been certificated on UCP’s records. Current taxpayer identifier information or a completed Form W-9 or W-8BEN will be required to avoid the deduction of backup withholding from the payment of the cash merger consideration. Shareholders who hold their shares in registered form (ie. those shareholders who are listed directly on the Company’s register of shareholders, versus those shareholders who hold their shares through their broker) are urged to contact the Company at the e-mail address below to confirm their address for mailing of the letter of transmittal.

About UCP

UCP is a Nevada incorporated holding company that currently conducts its operations through its wholly owned subsidiaries; Tre Kronor Media AB, Abrego Spain SL and Effect Growth Media AB (former Tre Kronor Holding AB). Through its subsidiaries, UCP offers its customers advertising media, and other marketing and communication services for marketing and media within tech, data, CRM, strategy, and media buying, primarily in Sweden, Denmark, Norway, and Finland. The Company currently has 75 employees in the Nordics. Tre Kronor Media AB was in 2024 awarded the Agency of the year in Sweden.

About Making Science

Making Science is a digital acceleration company that currently has more than 1,200 employees and a presence and technological development in 15 markets: Spain, Portugal, Mexico, Colombia, France, Italy, UK, Ireland, Sweden, Denmark, Norway, Finland, Germany, Georgia and the USA. As a consulting partner of Local Planet, the world’s largest network of independent media agencies, Making Science offers digital marketing, Adtech and Martech, cloud technologies and software, and cybersecurity services globally, through delivery hubs that drive job creation and the availability of highly skilled technology talent.

Making Science is composed of 4 business lines: the Global Digital Agency with Technology, with 360 digital advertising services that integrate strategic planning, creative, data and technology; the Cloud, Software and Cybersecurity business, with cloud-based solutions that deploy data intelligence and a specialized cybersecurity team; the Artificial Intelligence and SaaS division, with more than 400 engineers and data scientists for the development of platforms and digital solutions with AI technology applied to marketing; and the Making Science Investment area, with Ventis and TMQ, as a line of business diversification and implementation of the capabilities of all areas of Making Science. 

In addition, the company participates in various ESG initiatives, including the Climate Pledge, the United Nations Global Compact and the Pledge 1% initiative, supporting non-profit organizations in its community with a strong commitment to making a positive impact in the future.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements within the meaning of the United States securities laws. Investors are cautioned that statements in this press release which are not strictly historical statements including statements identified by words like “believe,” “expect,” “may,” “will,” “should,” “seek,” or “could” and similar expressions, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. These forward-looking statements reflect management’s current views and are based only on information currently available to us. The parties do not undertake to update, whether written or oral, any of these forward-looking statements to reflect a change in its views or events or circumstances, whether as a result of new information or otherwise, that occur after the date hereof except as required by law.

All dollar amounts herein are in United States dollars.

Contacts:

United Communications Partners Inc.:

Anna-Karin Darlin, Chief Financial Officer
E-mail: info.ucp@ucpworld.com

Making Science Group, S.A.

Making Science Investor Relations
E-mail: inversores@makingscience.com

View original content:https://www.prnewswire.com/news-releases/making-science-group-announces-the-closing-of-its-acquisition-of-united-communications-partners-inc-302230869.html

SOURCE United Communications Partners Inc.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Tech Mahindra Tops India and Achieves Second Place Globally in the S&P Dow Jones Sustainability Indices 2024 for TSV IT Services Segment

Published

1 second ago

on

January 7, 2025

By

PUNE, India and NEW YORK, Jan. 7, 2025 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced its recognition as a global sustainability leader by S&P Dow Jones Sustainability Indices (DJSI) 2024, one of the world’s most renowned indices for ESG (Environmental, Social & Governance). DJSI has ranked Tech Mahindra as 1st in India and 2nd globally, with an impressive score of 88 and 100 percentile in the ‘TSV IT services’ segment, highlighting the organization’s unwavering commitment to advancing sustainability across its businesses globally.

The TSV IT services segment comprises three divisions: data processing and outsourced services, internet services and infrastructure, and IT consulting & other services. The announcement follows the recent results of the annual Dow Jones Sustainability Indices rebalancing and reconstitution, marking Tech Mahindra’s inclusion in the DJSI World Index and DJSI Emerging Markets for the tenth consecutive year. The DJSI World Index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index (BMI) based on long-term economic, environmental, and social criteria.

Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said, “In a rapidly changing world, organizations must commit to sustainability and resilience, ensuring our actions today pave the way for a better tomorrow. Tech Mahindra is proud to celebrate its inclusion in the prestigious Dow Jones Sustainability Indices for the 10th consecutive year. This sustainability milestone is a testament to our commitment to a greener future and reflects our unwavering commitment to environmental responsibility, social impact, and ethical practices.”

Tech Mahindra’s sustainability initiatives are committed to creating a positive environmental impact and achieving ambitious targets, including Net Zero by 2035, Carbon Neutrality by 2030, and attaining 90% renewable energy sourcing by 2030. The organization also aims to become water-positive by 2030 and ensure 100% Zero Waste to Landfill certification across all owned facilities.

Through the implementation of an internal carbon pricing mechanism, Tech Mahindra drives strategic investments in renewable energy, green buildings, and energy-efficient technologies. This reinforces Tech Mahindra’s position as a global leader in sustainability, committed to creating lasting value for its stakeholders and the planet.

For more information on the Dow Jones Sustainability World Indices components, click here.

For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com/

Tech Mahindra’s Social Media Channels: Facebook, X, LinkedIn and YouTube

Logo: https://mma.prnewswire.com/media/2539364/Tech_Mahindra_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/tech-mahindra-tops-india-and-achieves-second-place-globally-in-the-sp-dow-jones-sustainability-indices-2024-for-tsv-it-services-segment-302344182.html

SOURCE Tech Mahindra

Continue Reading

Technology

Indian Hospitality Excellence Awards 2024: Honoring Outstanding Leadership and Talent in the Industry

Published

2 seconds ago

on

January 7, 2025

By

DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — The prestigious Indian Hospitality Excellence Awards 2024 unfolded with grandeur at the Crowne Plaza Hotel Greater Noida on January 4, 2025. Marking its fourth successful edition, the event brought together over 200 professionals from across India’s vibrant hospitality sector to recognize and celebrate outstanding leaders and organizations. Organized by Hozpitality Group, the awards exemplify transparency and inclusivity, with winners selected entirely through an open voting process involving key stakeholders from the industry. The event was made possible with the support of Stave Hospitality and was further bolstered by sponsorship from notable brands, including Prologic First, Scents Circle, Ex Lenze, Aria Lifewater, Absolute Frame Dubai, SRA Gifts and Awards, Wordswork, and UpliftU.

Adding a touch of inspiration, celebrated Indian wrestler Sangram Singh graced the occasion as Chief Guest. Known for his resilience and achievements, Sangram shared motivating insights into perseverance, discipline, and hard work—qualities that parallel the ethos of the hospitality sector.

Celebrating Excellence in Hospitality

The awards honored exceptional talent across individual and corporate categories, spotlighting achievements in leadership, sustainability, guest services, culinary arts, and more. From the coveted Hospitality Leader of the Year to the Hidden Gem of the Year, each accolade highlighted the dedication and innovation driving India’s hospitality industry forward.

Notable winners in the personal categories included:

General Manager of the Year: Gold – Utsa Majumder, Hyatt Regency Dharamshala ResortSustainability Champion of the Year: Gold – Tulasiram Gurram, Sarovar Hotels & ResortsCulinary Champion of the Year: Gold – Surya Narayana, Hyatt Regency Ahmedabad

In the corporate categories, prestigious awards included:

Hotel of the Year (5 Star): Gold – THE Park IndoreRestaurant of the Year (Fine Dining): Gold – Asia Alive, DoubleTree by Hilton GurgaonBest Hotel Management Company of the Year: Gold – Indian Hotels Company Limited

A Judges’ Choice Awards segment celebrated individuals who made extraordinary contributions to the industry. Among them:

Lifetime Achievement Award: Dr. Sudhir AndrewsHospitality Icon of the Year: Rattan KeswaniRising Women Leader in Hospitality: Namrata Sharma, The Leela Palaces Hotels and Resorts

A Legacy of Recognition

The Indian Hospitality Excellence Awards are part of Hozpitality Group’s larger portfolio of global accolades, with 22 award events across the Middle East and India to date. These include the Middle East Hospitality Excellence Awards, Chef Excellence Awards, and F&B Excellence Awards. Together, they form a benchmark for celebrating talent, leadership, and innovation in the hospitality industry.

Top 30 General Managers in India

As part of the celebration, Hozpitality unveiled its Best 30 General Managers in India 2024 list, spotlighting exemplary leaders shaping the future of the industry. This year’s honorees include:

Abhishek Sahai, Conrad PuneKapil Vig, Crowne Plaza New Delhi RohiniPankaj Gupta, Crowne Plaza New Delhi Mayur Vihar NoidaSuraj Kumar Jha, Crowne Plaza Ahmedabad City Centre

The awards highlighted the industry’s unwavering commitment to excellence, innovation, and sustainability, cementing its role as a cornerstone of India’s economic growth and cultural heritage.

For further information, please contact: Hozpitality Group Email: email@hozpitality.com Phone: +971 4 334 3177

About Hozpitality Group: Hozpitality Group is a leading name in the global hospitality industry, providing a platform for professionals to connect, share, and celebrate excellence in hospitality. With a strong presence in Dubai and India, Hozpitality Group hosts prestigious events, including the Middle East Chef Excellence Awards, to recognize and honor outstanding achievements in the industry.

Hozpitality.com is an online platform for professionals from Hotels, Restaurants, Airlines, Travel agencies, Clubs, Cruise Lines, Cinemas, Spas, Schools, Suppliers and Retail. Hozpitality offers Branding options, A Community Network for Employers and Job seekers, a directory of Hospitality Suppliers, Latest Hospitality News, Hotel News, Movements and Appointments and Hospitality Announcements Hotel Industry Recruitment, Professional CV designing, Hospitality Courses etc. We provide an effective platform where all hospitality professionals can come together, network and benefit.

Hozpitality.com offers a selection of best Hotel Management Institutes, Schools and Universities and Hotel management Courses. Hospitality Students can search and apply for Hotel management Courses and join the School’s Alumni and network with their colleagues. Hozpitality also offers a Market Place for Hospitality Suppliers where Hospitality Products, Services, Offers and Deals can be listed and sold to millions of Global Hospitality professionals.

Hozpitality reaches out to over 1.2 million professionals thru its 2 group websites, www.hozpitality.com and www.hozpitalityplus.com with Registered Members and Social Media from over 186 countries.

The dedicated hospitality Media and News website Hozpitalityplus.com, publishes and shares Latest Hospitality News, Announcements, Hotel openings, Promotions, Events, Hospitality Movements and Appointments and Hospitality announcements, Reviews, Blogs etc.

Hozpitality Consulting is a Global Executive Search consultancy based out of Toronto, Canada. Our success lies in building a long term relationship and delivering results quickly and efficiently for a “much lower cost”. We are experts in locating the best possible suitable executive and management candidates for placements in all types of hospitality organizations around the world. Through our matchless database, communication and networking, over the world, we provide our clients with the most skillful candidates.

“Hozpitality Buzz- The inside scoop” is a TV show based on the hospitality industry in Dubai and UAE, is in English and telecast-ed on a premier TV channel in Middle East & North Africa reaching out to approx. 10-12 million viewers. To know more about the TV show, Please log on to:- www.facebook.com/hozpitalitybuzz and https://www.youtube.com/Hozpitality 

Middle East Hospitality Excellence Awards are presented to recognize top industry organizations which have shown skill, creativity, ingenuity and success in the Middle East & North Africa’s growing hospitality industry. Logon to www.hozpitalityexcellenceawards.com

To know more about the group, please log on to: www.hozpitality.com, www.hozpitalityplus.com, www.hozpitalityexcellenceawards.com  

 

View original content:https://www.prnewswire.co.uk/news-releases/indian-hospitality-excellence-awards-2024-honoring-outstanding-leadership-and-talent-in-the-industry-302344185.html

Continue Reading

Technology

/R E P E A T — MEDIA ADVISORY – Canada to Make Funding Announcement to Advance Clean Fuels Sector/

Published

3 seconds ago

on

January 7, 2025

By

FORT FRANCES, ON, Jan. 6, 2025 /CNW/ – Marcus Powlowski, Member of Parliament for Thunder Bay–Rainy River, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, will make a funding announcement to advance technologies needed to strengthen Canada’s clean fuels and alternative fuels sector in Fort Frances, Ontario. Media availability will follow.

Date: Tuesday, January 7, 2025

Time: 1 p.m. ET

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca.

Follow us on LinkedIn

SOURCE Natural Resources Canada

Continue Reading

Trending