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BankNordik to delist from Nasdaq Iceland

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BankNordik to delist from Nasdaq Iceland

P/F BankNordik formally requested the removal of its shares from trading on Nasdaq Iceland.

The bank said its decision was due to the "relatively low" trading volume of its shares on the exchange and the discontinuation of its permanent business activities in Iceland. The shares will be removed from trading as soon as possible once the stock exchange operator accepts the lender's request.

BankNordik's shares remain listed on Nasdaq Copenhagen.