Eik Banki P/F - preliminary announcement regarding initial public offering On 11 June 2007 the Board of Directors of Eik Banki P/F made the resolution to make a rights issue of minimum 782,609 and maximum 1,016,160 of DKK 100. The company has obtained guarantee for the subscription of at least 782,609 shares by Eik Grunnurin. The existing shareholders of Eik Banki have the right to subscribe one new share of DKK 100 for each 7 shares of DKK 100. The subscribtion price is fixed at DKK 575. The offering period commences on and includes 21 June 2007 and closes on and includes 5 July 2007 at 5.00 pm (Faroese time) (corresponding to 6.00 pm CET and 4.00 pm Icelandic time). Trading of rights will be traded on an Over-The-Counter basis. If the rights issue is not fully subscribed, new shares up to nom. value of DKK 101,616,000 will be offered to other investors. Announcement of allocation will be published no later than 10 July 2007 at 11.00 am Faroese time (corresponding to 12.00 am CET and 10.00 am Icelandic time) Eik Banki has applied for listing on ICEX and Copenhagen Stock Exchange with effect from 11 July 2007. The trading of the shares will start at 10.00 am Icelandic time, corresponding to 12.00 am CET. Only the existing share capital for Eik Banki (7,113,114 shares of DKK 100) will be listed in the ISIN code FO0005702340. The expected listing will take place in the ISIN code below: ISIN Name in the Official List Orderbook ID FO0005702340 Eik Banki 41194 The company's GICS Classification is 40101015. Sector classification: 40 Financials 40 10 Banks 40 10 10 Commercial Banks 40 10 10 15 Regional Banks In the Nordic List, Eik Banki will be included in the MidCap+segment. The new snares issued due to the rights issue will be listed on ICEX and Copenhagen Stock Ex-change when the Faroese authority has registered the new shares. For further information, please see the prospectus published by Eik Banki. For further information, please contact: Asta Jepsen, Surveillance, tel. +45 33 93 33 66
Eik Banki, preliminary announcement regarding initial public offering, expected listing on 11 July 2007
| Source: Nasdaq Copenhagen A/S