hf., on behalf of Sikill ehf., a company owned by Óskar Eyjólfsson Managing
Director of Frumherji hf., has made an offer to shareholders of 18.2% in
Frumherji hf. to buy their shares at the price of ISK 9.01 per share in. The
shareholders who intend to accept the offer are required to send a notification
thereof on 22 January at the latest, along with their shares, to Islandsbanki
hf., Corporate Advisory, Kirkjusandi, 155 Reykjavík. Payments will be executed
to the shareholders who accept the offer within the abovementioned time on 24
January at the latest.
hf., on behalf of Sikill ehf., purchased in December shares in Frumherji to the
nominal value of ISK 52,291,232, or 64.13% of the company. On 3 January Islandsbanki hf., on behalf of
Sikill ehf. increased its share in Frumherji hf. by 10.51% or ISK 8,584,624
nominal. In both transactions the share price was ISK 9.01 per share. Óskar
Eyjólfsson´s personal share in Frumherji is 7.29% or ISK 5,956,866 nominal.
Óskar Eyjólfsson´s total share in Frumherji through Sikill ehf. and privately
owned shares are now 81.8% or ISK 66,832,745 nominal.
shares are listed on the ICEX Alternative Market, but a delisting will be
requested in the near future.