OMX Acquisition of the Iceland Stock Exchange Finalized.STOCKHOLM, Sweden -- OMX (STO:OMX) has today finalized the acquisition of Eignarhaldsfelagid Verdbrefathing (EV), owner of the Iceland Stock Exchange Iceland Stock Exchange (Icelandic: Kauphöll Íslands) or ICEX was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. (ICEX) and the Icelandic Securities Depository (ISD). The payment to EV's shareholders is as previously communicated 2,067,560 newly issued OMX shares and the total number of outstanding shares has consequently increased to 120,640,467 as of today. OMX is also paying a preliminary cash consideration equal to EV's surplus cash and marketable securities of ISK 409 million (approximately SEK 41 million). The cash consideration might be adjusted as a final assessment of the value of the assets will be made before year-end. The inclusion of EV into OMX's accounts will take effect on December 1 and the OMX share will be listed also on ICEX on that same date. About OMX OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).
For Wikipedia's help pages, see . , Copenhagen Stock Exchange Copenhagen Stock Exchange The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options. , Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , Tallinn Stock Exchange The Tallinn Stock Exchange is a stock exchange operating in Tallinn, Estonia. It is one of the OMX Exchanges, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. It is the only regulated exchange in Estonia. The major stock market index was the TALSE. , Riga Stock Exchange The Riga Stock Exchange is a sole stock exchange operating in Riga, Latvia. It is owned by OMX, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. and Vilnius Stock Exchange. OMX integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financial sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com This information was brought to you by Waymaker http://www.waymaker.net |
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