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OLIS
Oliuverzlun Islands hf. - Delisting of shares   21.7.2003 16:04:58
Flokkur: Skráningar / afskráningar   Tilkynningar frá Kauphöllinni      Íslenska  English
Oliuverzlun Islands hf. (Oil Distribution), symbol OLIS, will be delisted from ICEX Main List on 31 July 2003 in accordance with the company's board's request. The company does not fulfill the listing requirement as FAD 1830 ehf. (not listed) has acquired more than 98% of its shares. FAD 1830 ehf. has announced that the minority of shareholders will be subject to redemption of their shares in accordance with Art. 24 to 25 of the Act respecting Public Liability 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.


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