Announcement from the Winding-up Board of Glitnir hf. regarding extension of deadline for submitting creditor questionnaire
On 30 July 2012, the Winding-up Board (the “Winding-up Board”) of Glitnir hf. (“Glitnir”) announced that Glitnir had released a questionnaire for all registered claim holders with general claims (i.e. unsecured claims), disputed priority claims and/or disputed secured claims to complete.
At the informal creditors’ meeting on 2 July 2012, the Winding-up Board presented the proposed terms of a potential composition which would involve a proposal to Glitnir’s unsecured creditors to release their existing claims in return for cash or cash, debt securities and equity securities. Further details are available in the secure area of the website (http://glitnirbank.com/).
The purpose of the questionnaire is to enable Glitnir to determine whether or not it is permitted, by the securities laws of the jurisdictions in which the creditors are based, to offer securities to creditors as part of the composition proposal. Accordingly, the questionnaire does not constitute an offer of securities or a solicitation of an offer to buy securities, and it does not constitute any recommendation by Glitnir or its Winding-up Board. You should be aware that it is Glitnir’s intention that any offer and sale of securities in the United States of America is made on the basis of available exemptions from the registration requirements of the U.S. Securities Act of 1933.
Where possible, please complete the online version of the questionnaire instead of the hard copy. Please note that if you have completed the online version of the questionnaire already, then you do not need to complete the hard copy.
If you complete a hard copy of the questionnaire, it should be sent to Epiq at one of the below addresses:
- Epiq Systems Ltd, for the attention of Glitnir Information Agent, 11 Old Jewry, 4th Floor, London, EC2R 8DU, England; or
- Epiq Bankruptcy Solutions, LLC, for the attention of Glitnir Information Agent, 757 Third Avenue, New York, NY 10017, United States of America.
The Winding-up Board of Glitnir hf.
Steinunn Guðbjartsdóttir, Supreme Court attorney
Páll Eiríksson, District Court attorney.