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


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


Copyright © Hugin AS 2008. All rights reserved.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
22 Oct
Pokerchamp - Per Vimmer er gulddrengen trænet hos Goldman Sachs, som har lært den superliberalistisk..
20 Oct
Match, så har jeg set lidt på mine handler og depoter.   Må begynde med at konkludere, at mit handel..
20 Oct
Tvivler på at du får ret. Aktieanalytikerne siger allerede før godkendelsen en KORTSIGTET kurs på 2..
22 Oct
Jeg tror ikke, at mange her i dette forum er i tvivl om, hvem der er et fjols... Du får det til at l..
21 Oct
Hvis du var en ludo brik var du så ikke slået hjem nu ???
23 Oct
Quantum Utility Generation er på den anden side af "Mountain Friends", og de kan nu fortsætte deres ..
23 Oct
Aputsisaq - Blev der nødvndigt at starte en negativ tråd fordi at Stockrosen lige havde startet en p..
23 Oct
Jeg har kigget lidt på Vestas USA kunde First Wind, for at se hvordan det går med de 3 Wind Power pr..
23 Oct
Nej, der er klart tale om en Hanging Penis formation. Ikke et godt tegn. Jeg køber først når vi har ..
21 Oct
Vestas øverst chef for "Americas" - Chris Brown virker meget optimistisk. Han har udtalt til Recharg..

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
Lundbeck presents new efficacy and safety data analyses for desmoteplase in patients with acute ischaemic stroke
ShaMaran Files Preliminary Short Form Prospectus for Rights Offering
Petroleum Geo-Services ASA : Mandatory notification of trade by primary insider
„Olainfarm” Goes on Baltic – Nordic Roadshow
Starbreeze AB: Starbreeze announces PAYDAY collaboration with independent studio Lion Game Lion.
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.
25 October 2014 23:05:22
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20141024.3 - EUROWEB5 - 2014-10-26 00:05:22 - 2014-10-25 23:05:22 - 1000 - Website: OKAY