Update on Íslandsbanki's IPO
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Update on Íslandsbanki's IPO: Price guidance
Reykjavik, 14 June 2021, Iceland.
Reference is made to the announcement by Bankasýsla ríkisins (Icelandic State Financial Investments, “ISFI”), on behalf of the Treasury of Iceland, and Íslandsbanki hf. (“Íslandsbanki” or the “Bank”) regarding the publication of the prospectus and the Offer Price Range on 7 June 2021 and the announcement regarding the update on the Order Book on the same day.
The ISFI today announces that the Managers of the Offering have provided final pricing guidance for the Offering of ISK 79 per share. Orders below that level risk missing the Offer.
The offer period in respect of the Offering is expected to close on 15 June 2021 at 12:00 GMT.