22/09/2008 07:56:00

His Highness Sheikh Mohammed Bin Khalifa Al-Thani acquires 5% stake in Kaupthing Bank

Q Iceland Finance ehf., a wholly owned subsidiary of Q Iceland

Holding ehf., a company owned by His Highness Sheikh Mohammed Bin

Khalifa Al-Thani, has acquired a 5.01% stake in Kaupthing Bank hf. Q

Iceland Finance acquired 37.1 million existing shares at the price of

ISK 690 per share, thus becoming the third largest shareholder of

Kaupthing.

H.H. Sheikh Mohammed is a member of the royal family which has been

the governing family of Qatar since the nineteenth century.

H.H. Sheikh Mohammed:

"We have followed Kaupthing closely for some time and consider

this to be a good investment. Kaupthing's position is strong and we

believe in the bank's strategy and management team, as Kaupthing has

performed well in the current market turbulence and has proven it can

change and adapt to a new reality in banking. We view our stake in

Kaupthing as a long-term investment and look forward to a close

relationship with the bank in the future."

Sigurdur Einarsson, Chairman:

"We are delighted to welcome H.H. Sheikh Mohammed Bin Khalifa

Al-Thani as a shareholder of Kaupthing Bank. We are continually

focused on attracting new investors to the bank and we are happy to

see that our strategy of increasing the diversity of our shareholder

base has proven fruitful. We look forward to working with H.H. Sheikh

Mohammed in the future."

For further information please contact:

Jónas Sigurgeirsson, Chief Communications Officer, +354 444 6112 or

ir@kaupthing.com

Copyright © Hugin AS 2008. All rights reserved.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
26 Aug
VWS
Til Euroinvestor administrator! Jeg må forlange at Administrator forbyder pjneumann at deltage i deb..
103
27 Aug
 
I gamle dage, var der et sted hvor man kunne aflevere disse ønsker, men jeg ved ikke hvor det er nu,..
53
26 Aug
VWS
Skal vi ikke alle stoppe denne interne hån! Ingen kan lide at tabe penge, skulle vi ikke istedet giv..
39
24 Aug
VWS
Så er Pokerchamp tilbage, friskere og stærkere end nogensinde før og skriveklar igen efter aftale me..
20
23 Aug
VWS
Jeg har meget ofte set en meget misforstået opdeling af hvordan MHI vestas ordre kommer til at påvir..
20
24 Aug
VWS
Kina er kommet med en offshore tarif fordi den kinesisk regeringen gerne ville fremme offshore wind ..
18
26 Aug
VWS
Det er geni-streg Bank of America i dag har lavet. De har fundet to argumenter til at skabe frygt på..
17
24 Aug
VWS
Kære Pokerchamp    Der hersker ingen tvivl om at mit og din syn på Vestas er to modpoler for øjeblik..
17
27 Aug
VWS
Hej kanonkaj   Er enig i, at der skal holdes en ordentlig tone... Men hvad synes du om ordlyden af o..
15
23 Aug
VWS
6212 jeg synes du hopper til nogle grove antagelser. Det har været kendt siden dag 1 af "det nye ..
14

Tech Companies Send Criticism Along With NSA-Related Data -- Update

04/02/2014 00:06:00
By Danny Yadron Technology companies including Google Inc. and Microsoft Corp. released new figures on the amount of data requests they received from U.S. ..

U.S. Hot Stocks: Hot Stocks to Watch

03/02/2014 14:07:00
Among the companies with shares expected to actively trade in Monday's session is Herbalife Ltd. (HLF). Herbalife Ltd. (HLF) raised its fourth-quarter outl..

Pfizer Study Meets Primary Endpoints

03/02/2014 13:05:00
Pfizer Inc. (PFE) said Monday that a Phase 2 trial of its advanced breast cancer treatment met its primary endpoint. Pfizer said a study comparing the effec..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Gemalto first semester 2014 results
2
WENDEL : POSITIVE FIRST-HALF RESULTS AFFECTED BY CHANGES IN SCOPE AND THE ECONOMIC CLIMATE
3
A MAGNIFICENT 204 CARAT DIAMOND WILL HEADLINE LUCARA’S THIRD EXCEPTIONAL STONE TENDER OF THE YEAR
4
Medtronic Receives Clearance for the SHILLA(TM) Growth Guidance System
5
VRANKEN-POMMERY MONOPOLE - Results H1 2014 : Strong growth in business: + 9.1% and Current operating result: + 10%
Euroinvestor around the globe: Euroinvestor.dk | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
29 August 2014 02:10:09
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20140825.1 - EUROWEB3 - 2014-08-29 03:10:09 - 2014-08-29 02:10:09 - 1000 - Website: OKAY