Fisheries

Icelandic group Sildarvinnslan raises $240 million in heavily oversubscribed IPO

The groundfish and pelagic group saw double the demand for its shares from both the general public and institutional investors. It plans to list on the main market of Nasdaq Iceland at the end of May.

'It is really gratifying to see the interest of the public and institutional investors in the fisheries sector, which is crystallized in the results of the auction,' said Gunnthor Ingvason, CEO of Sildarvinnslan.
'It is really gratifying to see the interest of the public and institutional investors in the fisheries sector, which is crystallized in the results of the auction,' said Gunnthor Ingvason, CEO of Sildarvinnslan.Foto: Nils Torsvik
SildarvinnslanInitial Public Offerings (IPO)IcelandSamherji
Published 14 May 2021, 09:18Updated 14 May 2021, 12:04