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, resolved that the Company‘s share capital should be reduced by ISK 11,578,005 nominal value, by way of canceling 11,578,005 of the Company‘s own shares.
The share capital reduction has now taken place, and the company‘s share capital has now been reduced from ISK 682,585,921 to ISK 671,007,916 nominal value, divided into the same amount of shares. One vote is attached to each share.
For further information, please contact Tinna Molphy and Marinó Thór Jakobsson via IR@marel.com or tel: (+354) 563 8001.