Icelandic
Eimskipafélag Íslands hf. has made a new market making agreement with Arion Banki hf. effective as of 1 May 2021 whereas the bank undertakes to act as market maker for the Company’s shares listed on Nasdaq Iceland.
The Company will continue with its market making agreement with Islandsbanki hf.
According to the agreement with Arion Banki, the bank is committed to making daily bid and ask offers for a minimum of 50,000 shares at a price which Arion Banki hf. determines in every instance, but not exceeding 3% deviation from last transaction price. The maximum bid-sell spread shall be 1.5%. If Arion Banki makes transactions within the day exceeding 400,000 shares all commitments are cancelled until the next business day. If changes to the Company‘s share price within a day exceeds 10.0%, Arion Banki can double the maximum bid-sell spread temporarily that day.
According to management accounts for January and February along with an estimate for March, which is now available, EBITDA for the first quarter of 2021.
Investor meeting on 26 February 2021
Eimskipafélag Íslands hf. will publish its Consolidated Financial Statements for 2020, fourth quarter results and ESG Sustainability Statement for 2020 after market closing on Thursday 25 February 2021.
Eimskip invites investors and market participants to an online meeting where Vilhelm Thorsteinsson, CEO, will present the fourth quarter results.
The meeting will be held on Friday 26 February 2021 at 8:30 GMT and will due to COVID-19 restrictions be webcasted live in Icelandic on
www.eimskip.com/investors. Investors can send questions before 8:00 Friday morning to
investors@eimskip.com with the subject “Investor meeting”.
A recording of the meeting will be available on the company’s IR site after the meeting.