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 Jul
 
Pouli,   Forum er i den grad domineret af børn, studerende, ludomaner, buffet-wannabees and what hav..
23
21 Jul
TOPO
Kurshop -  Der findes tusinder af Biotekfirmaer i verden som du kan gå ud og investerer i ! Hvad er ..
17
23 Jul
VWS
Jeg sidder og graver mig ind i dette lille interessante skriv:   http://www.power-technology.com/new..
15
24 Jul
OMXN40
Det bliver/er hverdagskost i alle europæiske lande inden længe.. Men tankevækkende, at terrortruslen..
12
25 Jul
EXQ
Så lykkedes det at komme til Vedbæk for at besøge Exiqon. Damen, en kammerat og jeg selv blev taget ..
11
23 Jul
PNDORA
Det er helt naturligt, at aktiekursen på et selskab, som er steget meget, svinger kraftigt forud for..
11
08:59
 
Dejligt at der er nogen som kan svare "sobert" på et stillet spørgsmål.   Svaret kan indeholde ironi..
10
08:38
VELO
28/07/2014 08:30:00 - OMX Copenhagen, News     VELO: Veloxis Pharmaceuticals A/S - Envarsus ® får ..
9
27 Jul
 
Jeg har opdateret mine udbyttelister med tilbagekøb.   http://www.proinvestor.com/boards/69564/    
8
22 Jul
VWS
Mon dette forum og skribenterne mon nogensinde bliver så voksent, at vi er undgår dette evindelige b..
8

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
Zealand and Boehringer Ingelheim sign second collaboration agreement to advance novel peptide medicines
2
Alcon's Simbrinza® approved in the EU to treat patients living with glaucoma, a chronic sight-threatening eye disease
3
MorphoSys Provides Update on the Company's Proprietary Drug Portfolio
4
AB Science: Masitinib Treatment of Gleevec®-resistant Gastro-Intestinal Stromal Tumor
5
The results of the primary placement auction of Lithuanian Government securities
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.
 
28 July 2014 15:22:29
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20140723.1 - EUROWEB1 - 2014-07-28 16:22:29 - 2014-07-28 15:22:29 - 1000 - Website: OKAY