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Framtak Fjarfestingarbanki - Delisting of Shares   22.10.2003 15:43:31
News categories: Listings / Delistings      Íslenska  English

Framtak Fjarfestingarbanki (Investment bank), symbol FBANK, will be delisted from ICEX Main List on October 23rd in accordance with the company's request. The Company does not fulfill the listing requirement as Straumur Fjarfestingarfelag owns 99,3% of the total shares. The minority of shareholders will be subject to redemption of their shares in accordance with Art. 24 to 26 of the Act respecting Public Limited Companies No. 2/1995. The delisting is made by reference to Art. 39 of the Rules on Listing of Securities on the Iceland Stock Exchange.