Havila Shipping converts NOK 568 million debt into shares, with significant stake bought by Íslandsbanki.

Havila Shipping ASA has completed a debt conversion of NOK 568 million into shares, increasing its share capital to NOK 68,792,218.75. Íslandsbanki now owns 6.95% of the company after converting debt into 19,130,433 shares. Additionally, Havila Holding AS, associated with the company's board and CEO, converted part of its loan into shares, maintaining a 50.96% stake in Havila Shipping.