Eik Banki P/F
Eik Banki Foroya – Application for delisting of FRN 2010/2013 Ticker FO-EIK 13052 from Nasdaq OMX Iceland
Eik Banki P/F 20.01.2011 11:13 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Eik Banki Føroya P/F has applied Nasdaq OMX Iceland for removal of bond issue from listing on Nasdaq OMX Iceland. The bond was originally issued by Eik Banki P/F. In October 2010, Eik Banki P/F was taken over by Finansiel Stablitiet A/S and the activities of Eik Banki P/F were transferred to a new company, Eik Banki Føroya P/F, and include issued bonds, i.e. FRN 2010/2013 (ISIN DK0030246285). The bond was dual-listed on Nasdaq OMX Copenhagen and Iceland with Copenhagen as primary listing. VP Securities, where the bond is issued, has confirmed that no Icelandic investors are among the investors. The bond will remain listed on Nasdaq OMX Copenhagen and given that there is no trading in the bond it is expected that present investors will hold the bonds until maturity in May 2013. The investors only requested that the bonds were listed in Copenhagen and the removal from trading on Nasdaq OMX Iceland will have no impact on the investors. Given the above mentioned reasons, Eik Banki Føroya P/F has applied that FRN 2010/2013 DKK 1 billion (ISIN DK0030246285) will be removed from listing on Nasdaq OMX Iceland. Yours sincerely Jørn Astrup Hansen Finn Danberg CEO CFO For further information contact: Jørn Astrup Hansen, CEO, tel. + 298 348 571 - astrup@eik.fo News Source: NASDAQ OMX 20.01.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Eik Banki P/F Faeroe Islands Phone: Fax: E-mail: Internet: ISIN: FO0005702340 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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