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JRDB
Jarðboranir - Related party trading   12.1.2006 15:54:57
News categories: Insider trading      Íslenska  English

Name of related party trading the shares

Orkuveita Reykjavíkur

Name of primary insider

Guðmundur Þóroddsson / Eysteinn Jónsson

 

Relations with the issuer

Chairman of the Board / Substitude Member of the Board

Date of transaction

12.1.2006

 

Buy or Sell

Sala / Sale

 

Type of instrument

Hlutabréf / Equities

Number of shares

51.920.000

 

Price

25

 

Primary insider's holdings after the transaction

0

 

Primary insider's option holdings after the transaction

0

 

Related parties holdings after the transaction

0

 

Date of settlement

 

 

 

Comments

 

 

This transaction was based upon a takeover offer from Atorka Group hf to all shareholders in Jardboranir hf, according to an Offer Summary dated 9 December, 2005. Shareholders who accept the Offer will be paid for by shares in Atorka Group hf.  The exchange of share certificates will take place in the period 17 - 23 January, 2006. 

 


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