Category: News

ACRO securities, among Landsbanki Íslands, acted as an advisor for Alvotech in a $137 million private share placement, at current exchange rates, at a purchase price of $11.57 per share at current exchange rates. 

ACRO securities, among Landsbanki Íslands, acted as an advisor for Alvotech in a $137 million private share placement, at current exchange rates, at a purchase price of $11.57 per share at current exchange rates. 

Two new members have joined the ACRO Securities team. Bjarki Hvannberg joined Asset Management and Þórdís Erla Magnúsdóttir Capital Markets.  

ACRO Securities, amongst others, acted as an advisor for Alvotech in the private placement of a $70 million convertible bond on the 16th of December.

We thank Alvotech and the advisors for their cooperation and congratulate the company on the successful issuance.

Alma íbúðarfélag hf. announced, on the 25th of August 2022, a conclusion of bond issuance of nominal ISK 3,100,000,000 ISK in the categories AL150424 and AL101227.

Kaldalón hf. announced, on the 24th of August 2022, that it would exercise its authority to increase its share capital by ISK 2,222,222,222 for the purpose of strengthening the capital structure and prepare the company for further growth and investments.We look forward to continuing our journey wit you in coming years.

From all of us from Acro Securities, we thank you for your cooperation and business the past year and heartfelt Holiday and New Years greetings.
We look forward to continuing our journey wit you in coming years.

Icelandic Investors Ltd. today announces it is changing its name to ACRO Securities. ACRO Securities is an independent securities company that has successfully operated since 1994 and for over a quarter of a century provided domestic investors access to foreign capital markets. In recent years the company has, in addition, acquired a good reputation as a leading broker for local and foreign investors in the Icelandic securities market. 

The Financial Supervisory Authority of the Central Bank of Iceland has granted Íslenskir fjárfestar hf. a broader operating licence, which includes asset management services, the authorisation to oversee auctions without underwriting and the admission of securities to trading in addition to custody services.