Brief: Icelandair Entered Into Agreement With Arion Banki For Market Making Of Shares Issued By Co Traded On Nasdaq Iceland

Icelandair hf

29/06/2023 16:56

June 29 (Reuters) - Icelandair Group hf  ICEAIR.IC :
    * REG-ICELANDAIR: NEW MARKET MAKING AGREEMENT
    * AGREEMENT WITH ARION BANKI HF. FOR MARKET MAKING OF SHARES
ISSUED BY COMPANY TRADED ON NASDAQ ICELAND STOCK
    * EACH BID AND OFFER MUST BE AT LEAST ISK 5,000,000 IN
MARKET
VALUE OF ISSUER, AT A RATE SET BY ARION BANKI
    * PURPOSE OF AGREEMENT IS TO MAINTAIN LIQUIDITY OF
ICELANDAIR'S
SHARES, CREATE A MARKET PRICE AND PRICE FORMATION OF SHARES
    * AGREEMENT IS INDEFINITE AND WILL BECOME EFFECTIVE ON 30
JUNE,
2023

Source text for Eikon:  ID:nGNEbnCngt 
Further company coverage:  ICEAIR.IC 

 ((Reuters.Briefs@thomsonreuters.com;))