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ATPCO today announced that two new executives have been added to its leadership team, with Ellen Lee joining as Chief Commercial Officer (CCO) and May.
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.
Press Release from Eimskip Eimskipafelag Islands hf.
Icelandic
Reference is made to press release from last 8 April regarding a ruling of the district court, cf. note 26 in the Company’s Consolidated Financial Statements for year 2020.
Today the Company decided to refer the case to the Court of Appeal. Eimskip, as a shipping operator in international markets, disagrees with the district court‘s judgement and will therefore refer it to the Court of Appeal. For further information, please contact Edda Rut Björnsdóttir, Executive Vice President of Human Resources & Communications via phone (+354) 825-3399 or investors@eimskip.is