News
ANNUAL GENERAL MEETING OF LBI EHF. - 11 APRIL 2025
The 2025 Annual General Meeting of LBI ehf. with company no. 540291-2259 and registered offices at Ármúli 21, 108 Reykjavík, Iceland (the “Company”) in respect to the year of 2024 will be convened and held at the offices of the law firm Réttur – Aðalsteinsson & Partners at Klapparstígur 25-27, 3rd floor, 101 Reykjavík, Iceland on 11 April 2025. The meeting will commence at 14:00 local time (GMT+0).
LBI'S FINANCIAL STATEMENTS FOR 2024
LBI’s Financial Statements 2024 has been made available on LBI’s website under https://www.lbi.is/financial-info.
LBI will host an investor call to present and discuss the results on Friday 4 April 2025 at 14:00 (GMT), 15:00 London (BST) and 10:00 New York time (EST).
Please note that shareholders of LBI will need to register in advance to participate in the call by sending an email to ir@lbi.is no later than 18:00 (GMT), 19:00 London (BST) and 14:00 New York time (EST) on Tuesday 1 April 2025.
SCHEDULED PAYMENT CONFIRMED TO BE €5,000,000
Pursuant to 9.1(c) of the Conditions, and in furtherance of the Payment Notice issued on the 3 December 2024, the Issuer hereby notifies the Noteholders that the final amount of Euro Equivalent Available Cash paid on the 13 December 2024 will be €5,000,000.
SCHEDULED PAYMENT ESTIMATED TO BE € 5.0 MILLION
Terms defined in this notice shall be constructed in accordance with the conditions set out in the Schedule 1 to the Trust Deed, dated March 23rd, 2016 and made between the Issuer, the Trustee and the U.S. Trustee (the “Conditions“) (as amended in a noteholder meeting on 28 November 2016).
Pursuant to the Condition 9.1(b) of the Conditions, the Issuer hereby notifies the Noteholders of a payment which will be applied in partial redemption of the Notes on the Payment Date of 13 December 2024. The estimated Euro Equivalent Available Cash for this payment is € 5,000,000.
LBI'S MANAGEMENT ACCOUNTS FOR Q3 2024
LBI’s Management Accounts for Q3 2024 have been made available on LBI’s website under https://www.lbi.is/financial-info.
LBI will be hosting investor calls going forward when there are material developments to report on.