The public offering more than five times subscribed

Friday, November 2, 2012
 Today, 2 November 2012 at 16:00 a public offering of shares in Eimskipafélag Íslands hf. was completed. Straumur fjárfestingabanki hf. and Íslandsbanki hf. are joint listing advisors to the Company and the sellers. The price in the offering was predetermined at ISK 208 per share. Total subscriptions amounted to over ISK 11 billion, which is more than five times the value of the 5% stake offered for sale by Landsbanki Ísland hf., ALMC hf. and Samson eignarhaldsfélag ehf. Based on the oversu