Iceland Seafood International hf: Share increase, main market listing and 20 largest shareholders

Following Iceland Seafood International hf.'s (the “Company”) Public Share Offering earlier this month and the proposed listing on the Nasdaq Iceland Main market, the Board of Directors of the Company has agreed, in accordance with the approval of the shareholders' meeting of the Company of 12 June 2019 and the authorisation in article 4 of the Company's Article of Association, to increase the Company's share capital by ISK 225.000.000 nominal value, to ISK 2.561.344.934 nominal value...

Following Iceland Seafood International hf.'s (the “Company”) Public Share Offering earlier this month and the proposed listi

ng on the Nasdaq Iceland Main market, the Board of Directors of the Company has agreed, in accordance with the approval of the shareholders' meeting of the Company of 12 June 2019 and the authorisation in article 4 of the Company's Article of Association, to increase the Company's share capital by ISK 225.000.000 nominal value, to ISK 2.561.344.934 nominal value. The new shares will be distributed to participants in the Public Share Offering after end of trading today, October 28^th. As notified by Nasdaq on 23^th of October, first day of trading of the Company's shares on the Nasdaq Iceland Main market will be tomorrow October 29^th. 

After the Public Share Offering the number of shareholders of the Company has increased to 443 and the 20 largest shareholders are the following:

Shareholder	Shares (ISK'm)	Shareholding %
Sjávarsýn ehf	283.065.044	11,05%
Nesfiskur ehf.	273.997.713	10,70%
FISK-Seafood ehf	273.997.713	10,70%
Jakob Valgeir ehf	262.374.884	10,24%
Frjálsi lífeyrissjóðurinn	124.289.942	4,85%
Lífsverk lífeyrissjóður	102.535.162	4,00%
Arion banki hf.	94.689.517	3,70%
Birta lífeyrissjóður	91.774.884	3,58%
Kvika banki hf.	78.741.503	3,07%
Vátryggingafélag Íslands hf.	70.631.579	2,76%
Sjóvá-Almennar tryggingar hf.	65.814.486	2,57%
Útgerðarfélag Reykjavíkur hf.	50.209.944	1,96%
Lífeyrissj.starfsm.rík. A-deild	40.700.000	1,59%
Stefnir -  ÍS 15	39.634.031	1,55%
9. S ehf.	32.815.789	1,28%
Hofgarðar ehf.	30.000.000	1,17%
Íshóll ehf.	29.950.000	1,17%
Akta HL1	27.342.400	1,07%
Akta HS1	26.792.600	1,05%
Akta Stokkur	25.391.533	0,99%
	2.024.748.725	79,05%
Other (423 shareholders)	536.596.209	20,95%
Total	2.561.344.934	100,00%

With its shares admitted to the Nasdaq Main market, the Company will now publish its financial results on quarterly basis.  The financial calendar for the next 12 months is as following:

Q3 2019 results                                  November 28th 2019

Q4 and Full year 2019 results              February 25th 2020

Annual General Meeting                      March 26th 2020

Q1 2019 results                                  May 18th 2020

Q2 2019 results                                  August 26th 2020

The publication of the financial results will take place after closing of markets. Please note that the calendar may be subject to change.