Public offering of Sjóvá shares

27.03.2014

Today, Thursday, 27 March 2014, is the first day of a public offering of shares in insurance company Sjóvá. The offer stands until 16:00, Monday 31 March 2014. Registration takes place on Íslandsbanki´s website. 

In connection with the public offering and the company‘s request that all shares be admitted to trading on the Main Market of NASDAQ OMX Iceland, the company published a prospectus, dated 11 March 2014. The prospectus consists of a summary, a securities note and a registration document and is accessible on Sjóvá‘s website 

The offering will be conducted in two parts:

In part A, a total of 10% of the issued share capital of the company is offered for sale at a price ranging from ISK 10.7 to 11.9 per share. In part A, subscription offers shall be at a minimum ISK 100,000 and cannot exceed ISK 10,000,000.

In part B, a total of 13 % of the issued share capital of the company is offered for sale at a minimum price of ISK 11.9 per share. Investors much each state their own maximum price per share. In part B subscription offers shall be at a minimum of ISK 10,000,001 and cannot exceed an offer for a 9.99% share in the company.
VÍB-Íslandsbanki's Wealth Management will provide any additional information on the offer as well as offer tecnical support through 440 4900 (phone) or vib@vib.is (email) between the hours of 10:00 and 17:00 during the public offering.

Older news

Íslandsbanki issues EUR 300m bond and announces partial buyback of its 2020 EUR 500m bond

04.04.2019 - IR Releases
Íslandsbanki has today issued a EUR 300m 1.125% fixed rate senior unsecured bond for 3 years, at a spread of 130 basis points over mid-swaps.More

Annual General Meeting 2019 - agenda, candidates and proposals

19.03.2019
The Annual General Meeting of Íslandsbanki hf. will be held on March 21, 2019 at the Bank's headquarters, Hagasmári 3, 201 Kópavogur at 15:00.More

Publication of 2018 Annual Report and Pillar 3 Report

13.02.2019 - IR Releases
Íslandsbanki has published an Annual Report and Pillar 3 Report for 2018. More

Annual Results 2018

13.02.2019 - IR Releases
The Bank and Íslandssjóðir turned in a good operating performance during the year, with a consolidated profit of ISK 10.6bn, while operational...More

Publication of 2018 year-end results

30.01.2019 - IR Releases
Close of business Wednesday, 13 February 2019More

Íslandsbanki to terminate credit rating contract with Fitch Ratings

30.01.2019 - IR Releases
Íslandsbanki informs that following expiration and by agreement of parties, the credit rating service contract between Fitch Ratings and Íslandsbanki...More

Ásmundur Tryggvason to direct Corporate and Investment Banking

23.01.2019
Ásmundur Tryggvason has been engaged as director of Corporate and Investment Banking at Íslandsbanki. He replaces Vilhelm Már Þorsteinsson, who will...More
Netspjall