Main Market Listing and Offering of New Shares
ISI
ICELAND
SEAFOOD
October 2019
Main Market Listing and
Offering of new shares
Public Offering of new
shares
225,000,000 new shares will be issued and
sold by Iceland Seafood in a public offering,
equivalent to 9.63% of the Issuer's share
capital pre-dilution and 8.78% post dilution
Subscriptions will be offered in two
order
books, which differ in terms of size of
subscription, pricing and rules of allocation
•
•
•
Purpose of the
Offering
Strengthen the Issuer's financial
position
Move closer to the Issuer's goal
of having a 35% equity ratio
Facilitate increased liquidity of
the shares
Establish a more diverse
shareholder base
•
Registration of
subscriptions
Subscriptions shall be registered
electronically on a special
subscription form available on
www.kvika.is from 16 October
2019
Subscriptions will not be
accepted in any other format.
The subscription form will be
available in English and Icelandic
16. October 2019
17. October 2019
18. October 2019
21. October 2019
22. October 2019
25. October 2019
12:00 GMT
29. October 2019
Subscription period
begins
Subscription
period
continues
16:00 GMT
Subscription
period ends
Offering results
published
Information on
allocation sent
to investors
Final due date
for payment of
subscriptions
First expected
day of tradingView entire presentation