Marel - Increase of share capital
According to Article 84 of Act No. 108/2007 on Securities transactions, when an issuer increases or reduces its share capital or number of voting rights, the issuer shall on the last trading day of the calendar month in which the changes occur, disclose the total number of shares and the total number of voting rights.
Marel’s Annual General Meeting, held on 6 March 2019, granted authorization to the Company’s Board of Directors to increase share capital of the Company by as much as ISK 100,000,000 nominal value, to be used in an offering of shares in connection with the dual listing of the Company’s shares. The share capital increase has now taken place in two parts. On 6 June 2019 the Company’s share capital was increased by ISK 90,909,091 nominal value and on 26 June 2019 the Company’s share capital was increased by ISK 9,090,909 nominal value. The Company’s share capital has therefore been increased from ISK 671,007,916 to ISK 771,007,916 nominal value, divided into the same amount of shares. One vote is attached to each share.
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