Skeljungur hf.
On 6 December 2020 Strengur hf. made a takeover bid to the shareholders of Skeljungur hf. as provided for in Chapters X and XI of the Act No. 108/2007 on Securities Transactions, on the terms and conditions laid down in the offer document issued on that date. The offer period expired at 4:00 pm on 4 January 2021. Shareholders holding a total of 50,744,588 shares in Skeljungur hf. accepted the takeover bid, equivalent to 2.56% of the total issued shares in the company.
Strengur hf. and related parties held voting rights for 754.639.578 shares in Skeljungur, or 38.00% of the votes in the company, prior to the takeover bid and will hold 40.56% of the votes once settlement has been made or 41.6% of the votes adjusted for own shares. Arion Bank Corporate Finance and Islandsbanki Corporate Finance managed the offer process on behalf of Strengur hf. Payment will be made to those offerees who accepted the takeover bid, no later than Monday 11 January 2021.
"In an offer summary, subsequent statements to the market and at meetings of Strengur's advisors with other shareholders, Strengur has described its plans in detail. With the offer, those shareholders who did not share that vision had the opportunity to sell their shares at a premium to the price on the last trading day before the offer was made. Strengur thanks other shareholders for the trust and faith they have in the journey that has been announced, and Strengur will, by virtue of its votes, execute that vision for the benefit of all shareholders," says Jón Ásgeir Jóhannesson, Chairman of Strengur hf. and Skeljungur hf.
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Alvotech4.7.2025 01:02:13 CEST | Press release
Notification for the purposes of article 13 of the Luxembourg law of 11 January 2008 on transparency requirements for issuers
RIB Software3.7.2025 21:17:25 CEST | Press release
RIB Software Recognized as a Leader for Construction Management Software by Independent Research Firm
Solvay S.A.3.7.2025 18:00:00 CEST | Press release
Participation notification by Morgan Stanley
Siili Solutions Oyj3.7.2025 17:30:00 CEST | Press release
Siili Solutions Plc: Share Repurchase 3.7.2025
Virtune AB (Publ)3.7.2025 15:29:54 CEST | Press release
Virtune AB (Publ) ("Virtune") has completed the monthly rebalancing for June 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom