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Siminn offers 18-21% stake in IPO from 05-07 October

2015-09-28 12:14:00| Telecompaper Headlines

(Telecompaper) Icelandic operator Siminn said Arion Bank will be offering an 18 to 21 percent stake in Siminn to the public from 05 to 07 October. The size of the offering will be between ISK 4.7 billion and ISK 5.5 billion with a share price of ISK 2.7 per. The shares ar expected to start trading on the Nasdaq Iceland main market on 15 October.

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