At a shareholder’s meeting the shareholders in Audlind
Investment Company voted unanimously to merge with Kaupthing Bank. This
agreement entails that shareholders in Audlind receive 0.1923 shares in
Kaupthing Bank for each share owned in Audlind.
meeting of Kaupthing Bank will be held on 11 November and the merger with
Audlind will be on the agenda of this meeting. If the meeting approves the
merger the exchange of shares will occur on 12 November and trading in the
shares can commence on 13 November.