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Update on the Group s Chapter 11 cases | Company Announcement

Iceland Seafood International hf: The sale of 100% of share capital of Iceland Seafood UK (IS UK) to Espersen A/S completed

Reference is made to previous announcements on August 30th and September 2nd in relation to the sale of 100% of the share capital of IS UK to Espersen A/S. Completion of the sale was finalized today, on September 27th . In line with previous announcements, ISI has now converted intercompany loans into equity and injected further equity to net out negative equity balance and compensate for operating losses in Q3. After the equity injection, the book value of equity at completion will amount to £0

AMTE Power Placing to raise £2 1 million and proposed retail offer to raise up to £0 25 million

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