Outcome of voting on the Composition Proposal of LBI hf.

A creditors' meeting of LBI hf. was held today at Hilton Hótel Nordica in Reykjavík to vote on the company's composition proposal.
The proposal was adopted with 99.76% of votes in favour weighted by amount of claim and 99.67% in favour by number of votes. 
Votes cast represent 96.67% of the total amount of claims on the voters' register.
In accordance with this outcome the Winding-up Board of LBI hf. will submit a petition to the Reykjavík District Court for confirmation of the composition of LBI hf.

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