2019-03-22 18:38:38 CET

2019-03-22 18:38:40 CET


English Islandic
Skeljungur hf. - Notice to general meeting

Skeljungur hf.: Candidates to the Board of Directors and Nomination Committee of Skeljungur – AGM March 26, 2019

Skeljungur hf.‘s Annual General Meeting will be held on Tuesday 26 March 2019 at 16:00 pm at Hotel Hilton Reykjavik Nordica, Suðurlandsbraut 2, 108 Reykjavík, Iceland meeting room D.

The deadline for declaring candidacy for the Board of Directors and the Nomination Committee of Skeljungur has passed.

The following are the candidates for the Board of Directors of Skeljungur:

  • Ata Maria Bærentsen
  • Baldur Már Helgason
  • Birna Ósk Einarsdóttir
  • Jens Meinhard Rasmussen
  • Kjartan Örn Sigurðsson
  • Kristján Geir Gunnarsson

For further information on each candidate, please find a short bio attached and in the Nomination Committee’s report on Skeljungur’s website: https://www.skeljungur.is/annualgeneralmeeting2019.

According to the Articles of Association of the Company the Board of Directors shall be comprised of five members and the ratio of each gender within the Board shall be no less than 40%.

The Board of the Company received a rightful claim for a multiplication election from shareholders that control more than 1/10 of the share capital, cf. Article 63(7) of Act No 2/1995 on Public Limited Companies.  A multiplication election will therefore be applied for the election of members of the Board of Directors at the meeting.

A multiplication election is carried out as follows: There shall be an election between individuals.  The weight of each vote shall be multiplied by the number of Directors to be elected and each shareholder may divide his voting power, thus computed, in any proportion he chooses himself on to as many persons as are to be elected or fewer.  In case a ballot ticket does not indicate the division of votes between those for whom these are cast, they shall be divided equally.

The following are candidates for the Nomination Committee:

  • Katrín S. Óladóttir
  • Sigurður Kári Árnason

According to the code of conduct for Skeljungur’s Nomination Committee two committee members shall be elected by the shareholders’ meeting and the new Board shall elect one of their own following the shareholders’ meeting. Consequently, Katrín and Sigurður, will be elected to the Board without a ballot at the meeting. Further information on the candidates is attached.

All documents for the AGM can be found on the company’s website: https://www.skeljungur.is/annualgeneralmeeting2019

For further information: Gróa Björg Baldvinsdóttir, Compliance Officer, compliance@skeljungur.is, tel: 444-3000 / 840-3040

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Skeljungur is an energy company which sells products and services in Iceland, the Faroe Islands and in the N-Atlantic. Skeljungur’s main activities are import, storage, sales and distribution of fuel and fuel related products. The Company operates 76 gas stations and 6 oil depots in Iceland and the Faroe Islands. In addition, the Company operates convenience stores and provides services and sells oils for house heating in the Faroe Islands and sells fertilizer and other chemical products in Iceland. The Company’s customer base spans from individuals to institutions and companies in the fishing industry, agriculture, transport and contractors. Skeljungur owns the brand names Skeljungur, Orkan and OrkanX in Iceland and Magn in the Faroe Islands. Skeljungur’s goal is to fulfil the energy needs of individuals and companies in an effcient and safe way, in harmony with the environment.


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