The initial public offering of shares in Síminn begins on Monday, October 5 at 10:00 and ends on Wednesday, October 7 at 16:00. The size of the offering amounts to 1,737,000,000 shares, or an 18% stake in the company, with a minimum sale value of ISK 4,689.9 million. The seller reserves the right to increase the offering to up to 2,026,500,000 shares (21%), with a minimum sale value of ISK 5,471.55 million. Below you can find more detailed information about the offering, investor presentations, the prospectus, and a link to the subscription website.
Arctica Finance and Arion Bank oversee the company’s listing, and Arion Bank also manages the offering. Further information and assistance regarding the offering can be obtained from Arctica Finance (arctica.is) and the Corporate Finance and Capital Markets division of Arion Bank (arionbanki.is), or from Arion Bank’s securities and pension services.
