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Dagsbr˙n - Result of Sko­un ehf. takeover offer in K÷gun   17.5.2006 09:55:53
News categories: Corporate news      ═slenska  English
Yfirt÷kutilbo­ Sko­unar ehf

The takeover offer submitted by Sko­un ehf., a subsidiary of Dagsbr˙n hf., to shareholders in K÷gun hf. expired at 4:00 p.m. Tuesday 16 May 2006. The shares owned by Sko­un ehf. after the expiration of the takeover offer, amount to ISK at nominal value, corresponding to á190.396.654 % of the total share capital in K÷gun.


Shareholders who accepted the takeover offer will receive payment in cash on Tuesday 23 May 2006.

K÷gun does no longer fulfil the listing requirements of the Icelandic Stock Exchange due to limited ownership distribution. The Board of Directors of K÷gun will therefore request a de-listing of the company from the Icelandic Stock Exchange.


For further information, please contact Dˇra Sif Tynes tel: + 354 669 5512.