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The large number of practicing lawyers at LEX means that the firm is able to provide services from specialists in the field each time.
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LEX advices Iceland Seafood International on the company’s IPO and listing on Nasdaq’s Iceland main market.

30. October, 2019

Iceland Seafood International hf. (“Iceland Seafood”), a customer of LEX, announced today that its shares will start trading on the main market of Nasdaq Iceland. Iceland Seafood was previously listed on Nasdaq First North Iceland and is the 48th company to list on Nasdaq’s Nordic markets in 2019. In the weeks before the listing Iceland Seafood held an IPO where 225,000,000 new shares in the company were offered to investors.

In a statement by Mr. Bjarni Ármannsson the CEO of Iceland Seafood it says: “We are very pleased to have reached this important milestone in Iceland Seafood’s journey and I would like to thank our staff and shareholders for their continuous support. There are considerable growth opportunities ahead of us and we are very grateful for the good reception our public share offering received from investors, enabling us to further act on these opportunities. We welcome new investors and look forward to working with them in the future.”

Magnus Hardarson, President of Nasdaq Iceland said. “Iceland Seafood has set a great example when it comes realizing its business strategies through making use of the opportunities the equity market has to offer. The company was listed on First North in 2016 and since that time its market value has grown by 250%. We congratulate the company and its staff on this great success, its transition to the Main market and look forward to continuing working with them towards further growth and visibility”.

LEX law offices advised Iceland Seafood on legal matters regarding the IPO and the listing process.

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