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Islenski hugbunadarsjodurinn - Delisting of shares   27.6.2003 16:55:31
News categories: Listings / Delistings      Íslenska  English

Islenski hugbunadarsjodurinn hf.  (Icelandic Software Fund), symbol IHUG, will be de-listed from ICEX Main List on 30 June 2003 in accordance with the company's board request. The company does not fulfill the listing requirement since Fjarfestingarfelagid Straumur hf.  (Investment Company), symbol FJST, listed on ICEX Main List, has acquired more than 96% of its shares. Fjarfestingarfelagid Staumur has announced the minority of shareholders will be subject to redemption of their shares in accordance with Art. 24 and 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.