Klakki

Announcement from the board of directors of Klakki

14.12 2017

Klakki‘s board agrees to recommend to the company‘s shareholders that the incentive structure adopted at the shareholders meeting last Monday, be withdrawn.

The reason for the board’s decision is the strong public reaction to the bonus payments. The board has listened to those concerns and believes this is necessary to maintain the public’s trust. To be worthy of the public trust is the foundation for any and all wanting to do business in Iceland.

Furthermore, the board is adamant that the Lykill, the company’s subsidiary which has been a large financier of cars and company fleets in Iceland in recent years, can go on undisturbed and thus the company’s value can be maximized.

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