Íbúðalánasjóður
Temporary exemption from primary dealers’ secondary market obligations
Íbúðalánasjóður 28.08.2014 11:00 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Because of the uncertainty that could develop in the Icelandic bond market as a result of the EFTA Court ruling in Case no. E-25/13 (Gunnar V. Engilbertsson vs. Íslandsbanki hf.), which will be announced before the market opening today, the Housing Financing Fund (HFF) has decided to grant primary dealers a temporary exemption from their obligations in the secondary market. On 28 August, primary dealers will not be required to submit bid and ask quotes to the NASDAQ OMX Iceland exchange trading system with the maximum spread specified in Article 3 of the agreement currently in effect in connection with HFF bonds issuance and market making in the secondary market. HFF is authorised to revoke this exemption upon receiving the consent of the majority of primary dealers, cf. Article 6 of the above-specified agreement. Further information can be obtained from Sigurður Jón Björnsson, CFO, at tel +354 569 6990. News Source: NASDAQ OMX 28.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Íbúðalánasjóður Iceland Phone: Fax: E-mail: Internet: ISIN: IS0000001113 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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