Festi announced
Arion banki has now notified Festi that despite the unforseen circumstances tha bank has met its obligations under the market making agreement in all aspects save the bid-ask spread. The bank is of the view that the circumstances no longer call for deviation from the agreement and its provisions relating to both bid-ask spread and price will be reactivated.
For further information contact Eggert Þór Kristófersson, CEO of Festi (eggert@festi.is) or Magnús Kr. Ingason CFO of Festi (mki@festi.is).
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