Festi hf.: Termination of Sale Process for Olíudreifing ehf.

In an announcement by Hagar hf., published after market closing today, April 30,2025, it was disclosed that the company had decided to terminate the formal sale process of Olís shares in Olíudreifing ehf. With reference to that announcement, inter alia the conditions for continuing the sale process of Festi shares in Olíudreifing ehf. are no longer in place, and therefore, the formal sale process of the shares is hereby discontinued. “Even though a sale agreement was not achieved at this stage. the process ...