KVIKA Kvika banki hf

Kvika banki hf.: Changes in the Executive Committee

Kvika banki hf.: Changes in the Executive Committee

Ólöf Jónsdóttir, Managing Director of the Commercial Banking Division at Kvika banki hf. ("Kvika" or "the bank"), has submitted her resignation and will step down from her position concurrently. Sigurður Viðarsson, deputy CEO, will assume the role of Managing Director for the Commercial Banking Division until the position is filled. 

Ármann Þorvaldsson, CEO of Kvika banki hf.:  

“Ólöf joined Kvika in 2017 and has proven to be a strong manager and a good partner. In her work for Kvika she initially led the role as Director of Strategy and Operations, and later as Director of Financial Technology. She played a pivotal role in the path the bank has been on in developing excellent financial technology solutions for our valued customers. 

Ólöf served as the Managing Director of Lykill fjármögnun hf., and following the merger of Lykill with Kvika, she led the Operations and Development Division and the Commercial Banking Division with great success.  



We would like to thank Ólöf for a very successful collaboration over the years and we wish her well in her new job.” 

For further information please contact: 

Magnús Þór Gylfason, Director of Communications and Stakeholder Relations, at  



EN
18/12/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kvika banki hf

 PRESS RELEASE

Kvika banki hf: The Board of Kvika banki hf. approves merger discussio...

Kvika banki hf: The Board of Kvika banki hf. approves merger discussions with Arion banki hf. The Board of Kvika banki hf. has approved the request from the Board of Arion banki hf. to initiate formal merger discussions between Kvika banki hf. and Arion banki hf. A letter of intent to that effect has been signed by both parties. In the ongoing merger discussions between the companies, it is proposed that the price per share in Kvika bank will be set at ISK 19.17 and ISK 174.5 per share for Arion bank in the anticipated merger. As such, shareholders of Kvika will receive 485,237,822 new sha...

 PRESS RELEASE

Kvika banki hf.: Stjórn Kviku samþykkir að hefja samrunaviðræður við A...

Kvika banki hf.: Stjórn Kviku samþykkir að hefja samrunaviðræður við Arion banka hf. Stjórn Kviku banka hefur samþykkt að verða við beiðni stjórnar Arion banka um að hefja formlegar samrunaviðræður milli Kviku banka og Arion banka og hefur viljayfirlýsing þess efnis verið undirrituð af hálfu beggja aðila. Í viðræðum um sameiningu félaganna er lagt til grundvallar að viðskiptagengið verði 19,17 krónur á hvern hlut í Kviku banka og 174,5 krónur á hlut fyrir Arion banka í væntum samruna. Þannig munu hluthafar Kviku eignast 485.237.822 nýja hluti í sameinuðu félagi sem jafngildir 26% hlut. Ger...

 PRESS RELEASE

Kvika banki hf.: Updated proposals regarding merger discussions with K...

Kvika banki hf.: Updated proposals regarding merger discussions with Kvika banki hf. After market close today, the Chairman of the Board and the CEO of Kvika banki hf. received updated letters from Arion Bank hf. and Íslandsbanki hf., in which both companies renewed their request to initiate merger discussions. The Board of Directors of Kvika banki hf. will review both proposals and determine the bank’s next steps. Further information will be disclosed as appropriate and in accordance with the bank’s legal disclosure obligations. Please note that this notice is a disclosure of inside inf...

 PRESS RELEASE

Kvika banki hf.: Uppfærð erindi um samrunaviðræður við Kviku banka hf.

Kvika banki hf.: Uppfærð erindi um samrunaviðræður við Kviku banka hf. Stjórnarformanni og forstjóra Kviku banka hf. barst eftir lokun markaða í dag uppfærð erindi frá Arion banka hf. og Íslandsbanka hf. þar sem félögin ítrekuðu ósk um samrunaviðræður. Stjórn Kviku banka hf. mun taka bæði erindi til umræðu og ákveða næstu skref af hálfu bankans. Nánar verður upplýst um framvindu þegar ástæða er til og í samræmi við lögbundna upplýsingaskyldu bankans. Vinsamlegast athugið að tilkynning þessi er tilkynning á innherjaupplýsingum í samræmi við 7. gr. reglugerðar (ESB) nr. 596/2014 um markaðs...

 PRESS RELEASE

Kvika banki hf.: Transaction in relation to a share buy-back programme

Kvika banki hf.: Transaction in relation to a share buy-back programme In week 26 Kvika banki hf. („Kvika“ or „the bank“) purchased 9,350,000 of its own shares at the purchase price ISK 160,620,000. See further details below: DateTimeNo. of shares purchasedShare price (rate)Purchase price24.6.202511:23:392,000,00017.20034,400,00024.6.202513:42:212,000,00017.22534,450,00025.6.202515:08:442,000,00017.07534,150,00026.6.202513:49:302,000,00017.20034,400,00027.6.202510:05:231,350,00017.20023,220,000Total 9,350,000 160,620,000 The trade is in accordance with Kvika‘s buyback programme, announced ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch