YRC Worldwide to Present at Stephens Annual Investment Conference 2020

OVERLAND PARK, Kan., Nov. 11, 2020 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ: YRCW) announced today that Darren Hawkins, Chief Executive Officer, and Dan Olivier, Interim Chief Financial Officer, will deliver a virtual company presentation on Wednesday, November 18, 2020, at 9:00 a.m. ET, at the Stephens Annual Investment Conference 2020.

The event will be available on the YRC Worldwide website yrcw.com as a live audio webcast and as a replay for 30 days.

About YRC Worldwide

YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company HNRY Logistics. Collectively, YRC Worldwide companies have one of the largest, most comprehensive logistics and LTL networks in North America with local, regional, national and international capabilities. Through their teams of experienced service professionals, YRC Worldwide companies offer industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence.

Please visit our website at www.yrcw.com for more information.

Investor Contact:   Tony Carreño
    913-696-6108
    [email protected] 
     
Media Contact:   Mike Kelley
    913-696-6121
    [email protected] 

SOURCE: YRC Worldwide

 

Pool Corporation to Present at the Stephens Annual Investment Conference

COVINGTON, La., Nov. 11, 2020 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq:POOL) announced today that Peter D. Arvan, President and Chief Executive Officer, and Mark W. Joslin, Senior Vice President and Chief Financial Officer, will be participating in the Stephens Annual Investment Conference. They will be giving a virtual presentation on Wednesday, November 18, 2020, at 10:00 AM Eastern Time. Informational materials used during the conference will be posted on POOLCORP’s website on the morning of the conference.

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 390 sales centers in North America, Europe and Australia through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

This news release may include “forward-looking” statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including impacts on our business from the COVID-19 pandemic, the sensitivity of the swimming pool supply business to weather conditions and other risks detailed in POOLCORP’s 2019 Form 10-K, Quarterly Reports on Form 10-Q and other reports and filings with the Securities and Exchange Commission (SEC).

CONTACT:

Curtis J. Scheel
Director of Investor Relations
985.801.5341
[email protected]

 

Madison Square Garden Entertainment Corp. to Host Fiscal 2021 First Quarter Conference Call

Madison Square Garden Entertainment Corp. to Host Fiscal 2021 First Quarter Conference Call

NEW YORK–(BUSINESS WIRE)–
Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2020 on Monday, November 16, 2020 at 4:30 p.m. Eastern Time. The Company will issue a press release reporting its results after market close.

To participate via telephone, please dial 888-421-7163 with the conference ID number 8046795 approximately 10 minutes prior to the call. The call will also be available via webcast at investor.msgentertainment.com under the heading “Events.”

For those who are unable to participate on the conference call, you may access a recording of the call by dialing 855-859-2056 (conference ID number 8046795). The call replay will be available from 7:30 p.m. Eastern Time, Monday, November 16, 2020 until 11:59 p.m. Eastern Time on Sunday, November 22, 2020. The webcast replay will be available on the website until Monday, November 23, 2020.

About Madison Square Garden Entertainment Corp.

Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment experiences. The Company presents or hosts a broad array of events in its diverse collection of venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; and The Chicago Theatre. MSG Entertainment is also building a new state-of-the-art venue in Las Vegas, MSG Sphere at The Venetian, and has announced plans to build a second MSG Sphere in London, pending necessary approvals. In addition, the Company features the original production – the Christmas Spectacular Starring the Radio City Rockettes – and through Boston Calling Events, produces the Boston Calling Music Festival. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cathédrale. More information is available at www.msgentertainment.com.

Kimberly Kerns

EVP and Chief Communications Officer

Madison Square Garden Entertainment Corp.

(212) 465-6442

Ari Danes, CFA

Senior Vice President, Investor Relations & Treasury

Madison Square Garden Entertainment Corp.

(212) 465-6072

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Mobile Entertainment General Entertainment Other Entertainment Entertainment Theatre

MEDIA:

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Passage Bio Highlights University of Pennsylvania’s Gene Therapy Program’s Newly Published Research to Prevent Toxicity Associated with Gene Therapy

Through its unique collaboration agreement, Passage Bio has certain rights to technology highlighted in the University’s research, which has the potential to significantly advance nascent field of gene therapy

PHILADELPHIA, Nov. 11, 2020 (GLOBE NEWSWIRE) — Passage Bio, Inc. (Nasdaq: PASG), a genetic medicines company focused on developing transformative therapies for rare, monogenic central nervous system (CNS) disorders, today commends the newly published research of the University of Pennsylvania’s (Penn) Gene Therapy Program (GTP) regarding a novel targeted approach to prevent a selective neurotoxicity seen in the sensory neurons of dorsal root ganglia (DRG) after gene therapy treatment. As previously published, this DRG toxicity has been observed after both systemic and central nervous system (CNS) delivery of gene therapy and across a variety of vectors in pre-clinical models, but clinical manifestations have not been observed.1

As part of its unique collaboration agreement with Penn, Passage Bio has certain rights to this novel DRG technology for the indications the company progresses with Penn.

“Although our safety studies for our programs have not shown any clinical manifestations of DRG toxicity, we are excited about the promising approach developed by Penn’s GTP,” said Bruce Goldsmith, Ph.D., president and chief executive officer of Passage Bio. “As part of our mission to develop transformative therapies for patients, we remain committed to advancing the field of gene therapy. If in the future this new approach shows clinical benefit for patients, we will be in a strong position to incorporate it into our programs. Our relationship with Penn’s GTP is an important distinguishing characteristic of Passage Bio. Through our collaboration, we have ready access to world-class expertise and groundbreaking research that we can rapidly apply, if appropriate, to our therapeutic programs.”

GTP’s research on preventing DRG toxicity published online this week in Science Translational Medicine. According to the researchers, DRG toxicity is the result of over expression of an introduced gene, known as a transgene, in cells in the DRG, a cluster of neural cells on the outside of the spinal cord responsible for transmission of sensory messages. To correct this over expression, the GTP research team modified a transgene with a microRNA target designed to reduce the level of the transgene expression in DRG neurons as well as toxicity in DRG neurons, without affecting transduction elsewhere in the brain. That alteration eliminated more than 80 percent of the transgene expression in DRG neurons and reduced the related DRG toxicity in preclinical studies with primates.

James M. Wilson, M.D., Ph.D., director of Penn’s GTP and a chief scientific advisor at Passage Bio, served as a senior author of the published manuscript. Juliette Hordeaux, DVM, Ph.D., senior director of Translational Research in Penn’s GTP is first author. They reported that their microRNA target approach may be a straightforward way to potentially make AAV therapy for the central nervous system more safe.

As previously reported, results from preclinical toxicology studies for Passage Bio’s lead therapeutic programs, PBGM01 (GM1 gangliosidosis), PBKR03 (Krabbe disease), PBFT02 (FTD-GRN), were consistent with this overall AAV platform observation, and showed no clinical manifestations in detailed neurological examinations or daily observations. To proactively determine whether there is appearance of clinical signs of DRG toxicity in our clinical programs, Passage Bio will implement monitoring of patients, consisting of both nerve-conduction studies and neurological exams focused on sensory and peripheral nerve functions.

Passage Bio is advancing six programs, which include the lead programs for GM1 gangliosidosis (GM1), Krabbe disease, and frontotemporal dementia (FTD), as well as three additional programs for amyotrophic lateral sclerosis (ALS), metachromatic leukodystrophy (MLD) and Charcot-Marie-Tooth disease Type 2a (CMT2a). The company anticipates that the initial three clinical candidates will be in clinical trials in 2021. Through its collaboration agreement with Penn, Passage Bio has the option to license a total of 17 programs focused on rare, monogenic disorders of the CNS.

About Passage Bio

At Passage Bio (Nasdaq: PASG), we are on a mission to provide life-transforming gene therapies for patients with rare, monogenic CNS diseases that replace their suffering with boundless possibility, all while building lasting relationships with the communities we serve. Based in Philadelphia, PA, our company has established a strategic collaboration and licensing agreement with the renowned University of Pennsylvania’s Gene Therapy Program to conduct our discovery and IND-enabling preclinical work. This provides our team with unparalleled access to a broad portfolio of gene therapy candidates and future gene therapy innovations that we then pair with our deep clinical, regulatory, manufacturing and commercial expertise to rapidly advance our robust pipeline of optimized gene therapies into clinical testing. As we work with speed and tenacity, we are always mindful of patients who may be able to benefit from our therapies. More information is available at www.passagebio.com.

Penn Financial Disclosure

Dr. Wilson is a Penn faculty member and also a scientific collaborator, consultant and co-founder of Passage Bio. As such, he holds an equity stake in the Company, receives sponsored research funding from Passage Bio, and as an inventor of certain Penn intellectual property that is licensed to Passage Bio, he may receive additional financial benefits under the license in the future. The University of Pennsylvania also holds equity and licensing interests in Passage Bio.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of, and made pursuant to the safe harbor provisions of, the Private Securities Litigation Reform Act of 1995, including, but not limited to: our expectations about timing and execution of anticipated milestones, including our planned IND submissions, initiation of clinical trials and the availability of clinical data from such trials; our expectations about our collaborators’ and partners’ ability to execute key initiatives; our expectations about manufacturing plans and strategies; our expectations about cash runway; and the ability of our lead product candidates to treat the underlying causes of their respective target monogenic CNS disorders. These forward-looking statements may be accompanied by such words as “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “potential,” “possible,” “will,” “would,” and other words and terms of similar meaning. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including: our ability to develop and obtain regulatory approval for our product candidates; the timing and results of preclinical studies and clinical trials; risks associated with clinical trials, including our ability to adequately manage clinical activities, unexpected concerns that may arise from additional data or analysis obtained during clinical trials, regulatory authorities may require additional information or further studies, or may fail to approve or may delay approval of our drug candidates; the occurrence of adverse safety events; the risk that positive results in a preclinical study or clinical trial may not be replicated in subsequent trials or success in early stage clinical trials may not be predictive of results in later stage clinical trials; failure to protect and enforce our intellectual property, and other proprietary rights; our dependence on collaborators and other third parties for the development and manufacture of product candidates and other aspects of our business, which are outside of our full control; risks associated with current and potential delays, work stoppages, or supply chain disruptions caused by the coronavirus pandemic; and the other risks and uncertainties that are described in the Risk Factors section in documents the company files from time to time with the Securities and Exchange Commission (SEC), and other reports as filed with the SEC. Passage Bio undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

For further information, please contact:

Investors
:

Sarah McCabe and Zofia Mita
Stern Investor Relations, Inc.
212-362-1200
[email protected]
[email protected]

Media:

Gwen Fisher
Passage Bio
215-407-1548
[email protected]

1 Juliette Hordeaux, Elizabeth L. Buza, et al. “Adeno-Associated Virus-Induced Dorsal Root Ganglion Pathology,” Human Gene Therapy, published online June 25, 2020.

Caleres Names Michael Edwards President of Famous Footwear, Positioning the Company’s Largest Brand for Further Growth and Success

Caleres Names Michael Edwards President of Famous Footwear, Positioning the Company’s Largest Brand for Further Growth and Success

ST. LOUIS–(BUSINESS WIRE)–
Caleres (NYSE: CAL) today named Michael Edwards president of Famous Footwear, effective November 20, 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201111005732/en/

Mike Edwards, President of Famous Footwear (Photo: Business Wire)

Mike Edwards, President of Famous Footwear (Photo: Business Wire)

Edwards joined Caleres in 2008, most recently serving as senior vice president of digital commerce, planning, allocation and stores. Prior to that he has held roles of increasing responsibility in Famous Footwear including time as chief customer officer, senior vice president of merchandise planning and analytics and vice president, sales and store operations. With his breadth of experience and deep knowledge base in all areas of the business from strategy to stores, Edwards is uniquely positioned to lead Caleres’ largest brand. Most recently, he was instrumental in navigating the business through the economic shutdown, during which he played a critical role in reopening and operating the stores post-COVID and pivoting Famous Footwear to successfully meet the evolving needs of its customer base including leading the brand’s digital growth initiatives, implementation of QuadPay, the rollout of curbside service at more than 600 Famous Footwear stores and the coordination of increased store fulfillment activities.

Edwards will replace Molly Adams, who resigned her position, effective November 20, 2020, to pursue an opportunity outside the organization.

“Mike is a capable and successful leader who has seen the business through every lens,” said Diane Sullivan, Chairman, President and Chief Executive Officer. “I am confident he will use his institutional knowledge and his extensive digital commerce, operating, product and marketing experience to further the positive momentum within our largest brand. His deep understanding of the Famous customer and strong leadership abilities will be essential as we remain focused on growing sales and profit, executing on consumer strategies and delivering the Famous vision. We want to be the first and only choice for family footwear. The board and senior executive team look forward to working closely with Mike to make that happen. We thank Molly for her contributions over the last two years and we wish her all the best in her future endeavors.”

“I have a true passion for this business, the utmost confidence in the Famous go-forward strategy, and I am honored to lead this significant part of the Caleres portfolio,” said Edwards. “Famous Footwear is expertly positioned to excel in any market environment through our ability to offer the national brands she wants, when and where she wants to shop – online and in store. Athletic and sport-inspired styles, our sweet spot, are exactly what the customer is looking for in this environment. We have the right team and tools in place to leverage what we’ve learned, build upon our successes, advance our goals and deliver value to all of our stakeholders.”

Biographical Information:

Mike Edwards is a 12-year Caleres and Famous Footwear veteran. For the last year, he has served as senior vice president, digital commerce, planning, allocation and stores, working closely and collaboratively with the Famous team to craft the strategic growth vision for Famous. Edwards joined Caleres in June 2008 as the director of merchandising, systems and operations and had served in numerous roles of increasing responsibility during his tenure – including Chief Customer Officer for Famous Footwear. Prior to joining Caleres, Edwards served in a variety of operational, merchandising and financial roles at the May Company and served as an account executive at Laclede Steel Company. Edwards and his wife Jodi live in St. Louis.

About Caleres

Caleres is the home of today’s most coveted footwear brands and represents a diverse portfolio spanning all of life’s styles and experiences. Every shoe tells a story and Caleres has the perfect fit for every one of them. Our collections have been developed and acquired to meet the evolving needs of today’s assorted and growing global audiences, with consumer insights driving every aspect of the innovation, design, and craft that go into our distinctly positioned brands, including Famous Footwear, Sam Edelman, Naturalizer, Allen Edmonds, Vionic, Dr. Scholl’s Shoes, and more. The Caleres story is most simply defined by the company’s mission: Inspire people to feel great…feet first.

Investor Contact:

Logan Bonacorsi

[email protected]

Media Contact:

Kelly Malone

[email protected]

KEYWORDS: United States North America Missouri

INDUSTRY KEYWORDS: Online Retail Fashion Other Retail Retail Specialty

MEDIA:

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Mike Edwards, President of Famous Footwear (Photo: Business Wire)

Avante Logixx Inc. to Release Results For the Quarter Ended September 30, 2020 After Market Close on Wednesday, November 25, 2020


Not for distribution to U.S. news wire services or for dissemination in the United States

TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce that it will release its financial results for the quarter ended September 30, 2020 after market close on Wednesday, November 25, 2020 and a news release will be disseminated at that time with an earnings call at 8:30 AM EST on Thursday, November 26, 2020.


CONFERENCE CALL

Avante will be hosting a conference call to discuss the above financial results on Thursday November 26, 2020, at 8:30 AM EST.

Dial in details are as follows:
Local: (+1) 416-764-8658       Toll Free: (+1) 888-886-7786       Conference ID: 02661722
         
Playback details below, available until
December 26
, 2020:
Local: (+1) 416-764-8692   Toll Free: (+1) 877-674-7070   Playback Pin: 661722 #
         


This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities described herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release does not constitute an offer of securities for sale in the United States. The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

About Avante Logixx Inc.

Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of high end security services. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we are taking steps to establish a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Please visit our website at www.avantelogixx.com and consider joining our investor email list.

Avante Logixx Inc.

Craig Campbell
CEO
(416) 923-6984
[email protected]

Electromed, Inc. To Present at the Sidoti Virtual Microcap Conference

Electromed, Inc. To Present at the Sidoti Virtual Microcap Conference

NEW PRAGUE, Minn.–(BUSINESS WIRE)–
Electromed, Inc. (“Electromed” or the “Company”) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that Kathleen Skarvan, President and Chief Executive Officer, and Mike MacCourt, Chief Financial Officer, are scheduled to present at the Sidoti Virtual Microcap Conference on Thursday, November 19, 2020, at 2:30 p.m. Eastern Time.

Electromed’s presentation will be webcast live and available in the investor relations section of the Company’s website and via the following link: https://sidoti.zoom.us/webinar/register/WN_7Jrrx3dOTh6UIbVOYUmBmw.

Management also will hold one-on-one virtual meetings with investors throughout the day.

About Electromed, Inc.

Electromed manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest® Airway Clearance System, to patients with compromised pulmonary function. The Company is headquartered in New Prague, Minnesota and was founded in 1992. Further information about Electromed can be found at www.smartvest.com.

Electromed, Inc.

Mike MacCourt, Chief Financial Officer

(952) 758-9299

[email protected]

The Equity Group Inc.

Kalle Ahl, CFA

(212) 836-9614

[email protected]

Devin Sullivan

(212) 836-9608

[email protected]

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: Public Policy/Government Healthcare Reform Health Consumer Seniors General Health

MEDIA:

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Amarin to Present at the Stifel 2020 Virtual Healthcare and Jefferies Virtual London Healthcare Conferences

DUBLIN, Ireland and BRIDGEWATER, N.J., Nov. 11, 2020 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ:AMRN) today announced that John F. Thero, Amarin’s president and chief executive officer, is scheduled to present general company updates at the following investor conferences scheduled in November:

  • Stifel 2020 Virtual Healthcare conference on Monday, November 16, 2020 at 8:40 a.m. Eastern Time (ET)
  • Jefferies Virtual London Healthcare conference on Thursday, November 19, 2020 at 9:40 a.m. Eastern Time (ET)

Live audio webcasts of the presentations will be available at: http://www.amarincorp.com, and will be accessible at the same link for 30 days.

About Amarin

Amarin Corporation plc is a rapidly growing, innovative pharmaceutical company focused on developing and commercializing therapeutics to cost-effectively improve cardiovascular health. Amarin’s lead product, VASCEPA® (icosapent ethyl), is available by prescription in the United States, Canada, Lebanon and the United Arab Emirates. VASCEPA is not yet approved and available in any other countries. Amarin, on its own or together with its commercial partners in select geographies, is pursuing additional regulatory approvals for VASCEPA in China, Europe and the Middle East. For more information about Amarin, visit www.amarincorp.com.

Availability of Other Information About Amarin

Investors and others should note that Amarin communicates with its investors and the public using the company website http://www.amarincorp.com/), the investor relations website (http://investor.amarincorp.com/), including but not limited to investor presentations and investor FAQs, Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that Amarin posts on these channels and websites could be deemed to be material information. As a result, Amarin encourages investors, the media, and others interested in Amarin to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on Amarin’s investor relations website and may include social media channels. The contents of Amarin’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933.

Amarin Contact Information

Investor Inquiries:
Investor Relations
Amarin Corporation plc
In U.S.: +1 (908) 719-1315
[email protected]

Solebury Trout
[email protected]m

Media Inquiries:
Communications
Amarin Corporation plc
In U.S.: +1 (908) 892-2028
[email protected]

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

NEW YORK–(BUSINESS WIRE)–
Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE: ARDC) announced the declaration of its distribution for the month of November 2020 of $0.0975 per common share, payable as noted below.

The following dates apply to the declared distribution:

Ex-Date: November 18, 2020

Record Date: November 19, 2020

Payable Date: November 30, 2020

Per Share Amount: $0.0975

Based on the Fund’s current share price of $13.04 (as of its close on November 10, 2020), the distribution represents an annualized distribution rate of 8.97% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.

The timing and amount of future distributions, if any, are at the discretion of the Fund. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund’s stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income, such as from short-term capital gain, long-term capital gain, or return of capital. Such notices will also be posted on the Fund’s website at www.arespublicfunds.com.

The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. The final determination of the source of these distributions will be made after the Fund’s fiscal year end. If necessary, the Fund may elect to pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099‑DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.

This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.

About Ares Dynamic Credit Allocation Fund, Inc.

Ares Dynamic Credit Allocation Fund, Inc. (“ARDC”) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC’s net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager operating integrated businesses across Credit, Private Equity, Real Estate and Strategic Initiatives. Ares Management’s investment groups collaborate to deliver innovative investment solutions and consistent and attractive investment returns for fund investors throughout market cycles. Ares Management’s global platform had approximately $179 billion of assets under management as of September 30, 2020 with more than 1,400 employees operating across North America, Europe and Asia Pacific.

Forward-Looking Statements

Statements included herein may constitute “forward-looking statements” within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in interest rates and significant market volatility on our portfolio companies, our industry and the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund’s control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.

This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the Fund’s investment objective, risks, charges and expenses carefully before investing.

Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund has traded on the New York Stock Exchange under the symbol ARDC.Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.

Media:

Mendel Communications LLC

Bill Mendel

[email protected]

(212) 397-1030

Investors:

Ares Dynamic Credit Allocation Fund, Inc.

Carl Drake

[email protected]

(678) 538-1981

or

John Stilmar

[email protected]

(678) 538-1983

or

Destra Capital Advisors LLC

[email protected]

(877) 855-3434

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

FIS to Present at Upcoming Conferences

FIS to Present at Upcoming Conferences

JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader in financial services technology, will present on Mon., Nov. 16, 2020, at the Stephens Annual Investment Conference at 2:00 p.m. (EST) and Wed., Nov. 18, 2020 at Citi’s 2020 Financial Technology Virtual Conference at 4:30 p.m. (EST).

A live audio webcast, as well as a replay, will be accessible from the Investor Relations page of the FIS website at investor.fisglobal.com.

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

Kim Snider

Senior Vice President

FIS Global Marketing and Corporate Communications

904.438.6278

[email protected]

Nathan Rozof, CFA

Executive Vice President

FIS Corporate Finance

904.438.6918

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Professional Services Data Management Technology Finance Software Banking

MEDIA:

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