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Leading global provider of advanced equipment
and systems for the food processing industry
and systems for the food processing industry
Latest News
04.06.2008
Share offering - Information about the offer price and number of shares
Marel Food Systems hf., Board of Directors has decided that the offer price of new shares in the company, which will be offered in a share offering, which will take place on 5 and 6 June 2008, will be ISK 89.00 per share, equalling over 6% lower price than at close of business on 3 June 2008. Furthermore, the Board of Directors decided that the total number of new shares offered will be 156,440,000 shares. The total sales value of the offering is ISK 13,923,160,000, which is equivalent to approximately € 117 million.
Should there be an oversubscription in the share offering, Marel Food Systems hf. Board of Directors reserves the right to increase the number of shares on offer by 40,115,000 shares. If the Board of Directors decides to utilise this authorisation, the total sales value of the offering will increase up to ISK 17,493,395,000, which is equivalent to up to approximately € 147 million.
Landsbanki Íslands hf. – Corporate Finance is the manager of the share offering.
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One company, one stop Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry.
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Press Contact
Jon Ingi HerbertssonInvestor and Public Relations Manager
E-mail: jon.herbertsson@marel.com
Tel.: +354 563 8451
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Marel is the leading global provider of advanced equipment, systems and services to the fish, meat and poultry industries. Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry. Together, we offer the convenience of a single source to meet our customers’ every need. With offices and subsidiaries in over 30 countries and a global network of more than 100 agents and distributors, we work side-by-side with our customers to extend the boundaries of food processing performance.
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