Public offering of Sjóvá shares
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 firstname.lastname@example.org (email) between the hours of 10:00 and 17:00 during the public offering.