Insiders' dealing

Bakkavör Group Related party trading

Correction - Exista ehf. has indirectly become the owner of shares in Bakkavör Group hf. held by subsidiaries of VÍS eignarhaldsfélag hf. i.e. 47.447.900 shares in Bakkavör Group hf., thereof 10.400.000 through forward contracts. . Exista B.V. is the owner of 522.608.287 shares in Bakkavör Group hf.
Related parties' holdings after the transaction are 574.350.292 shares.


Through Exista ehf.'s today becoming the owner of 100% of the share capital of VÍS eignarhaldsfélag hf., which is the owner of 100% of the share capital of Vátryggingafélag Íslands hf., Exista ehf. has indirectly become the owner of shares in Bakkavör Group hf. held by subsidiaries of VÍS eignarhaldsfélag hf. i.e. 47.447.900 shares in Bakkavör Group hf., thereof 10.400.000 through forward contracts.

Exista ehf. is a primary insider in Bakkavör Group hf. due to the holdings of Exista B.V. Exista B.V. is the owner of 522.608.287 shares in Bakkavör Group hf. Exista B.V. is fully owned by Exista ehf. The board of directors of Exista ehf. includes Lýður Guðmundsson, Chairman of the Board of Directors of Bakkavör Group hf. and Ágúst Guðmundsson, CEO of Bakkavör Group hf., who are, due to their position, primary insiders in Bakkavör Group hf. The Chief Executive Officers of Exista ehf., Erlendur Hjaltason and Sigurður Valtýsson, are also primary insiders in Bakkavör Group hf.

Related parties' holdings after the transaction are 574.350.292 shares, thereof 12.400.000 through forward contracts.

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