The Winding-up Board (the “WuB”) has agreed with the Informal Creditors’ Committee (the “ICC”) to establish a committee (the “Board Selection Committee”) to assist the WuB in searching for and selecting the most competent and qualified candidates for the board of directors of Glitnir post-composition.
Glitnir hf. and twelve pension funds, together with their subsidiary funds, have reached an agreement on debt settlement. This framework agreement will provide for comparable settlements between each individual fund and Glitnir hf. of their mutual claims. Á íslensku
The Winding-Up Board will operate a Transfer Moratorium from 2 May 2012 to 4 June 2012, but will continue to process Claim Transfer Request Forms already in its possession or in the possession of its agent, Epiq Bankruptcy Solutions, LLC, as at 2 May 2012. All Claim Transfer Request Forms received after 2 May 2012 until, and including, 4 June 2012, will not be processed due to the Transfer Moratorium. If a Claim Transfer Request Form is received during this period, it will be held and treated for all purposes (including all time periods referenced in this notice) as though received on 4 June 2012. The Transfer Moratorium is due to the open creditors' meeting scheduled for 30 May 2012.
Glitnir is pleased to announce the release of its Statement of Assets and Liabilities as at 31 December 2011. The Statement is presented on a consolidated basis for the first time this reporting period as it is Glitnir’s opinion that this provides a more accurate representation of the financial position following the full repayment of Glitnir’s debt to the Central Bank of Luxembourg in November 2011 when Glitnir gained full control of its Luxembourg operations and associated SPVs. A summary of key financial highlights are:
Glitnir herby present the Financial Statements for the year 2011. 
Glitnir hf. Financial Statements 2011
In addition to the Claim Transfer Process, the Winding- up Board has created an option for transfer parties who wish to later amend the transfer amount of their successful partial transfer. This process requires transfer parties to complete, a “Request to Amend a Successful Transfer” form. This is only available to those parties who made an error in calculating the amount to be transferred and did not object to the transfer during the objection period provided in the claim transfer process. Transfer parties have 90 calendar days from the date of the Notice of Successful Transfer to submit a “Request to Amend a Successful Transfer” form. In addition to submission of the form, a USD 2,000 administrative fee is required in order to complete this process. Once all of the required documentation and fee are received, Epiq will issue an Amended Notice of Successful Transfer with the corrected transfer amount via e-mail. For additional information please refer to the “Request to Amend a Successful Transfer” form along with detailed instructions on the Glitnir website at: http://www.glitnirbank.com/the-winding-up-proceedings.html.
The Winding-up Board of Glitnir hf. announces that it intends to make a distribution to Glitnir’s priority creditors on Friday, 16 March 2012.
At a creditors’ meeting held in Reykjavik, Iceland on 31 January 2012 Glitnir’s Winding-up Board presented a proposal for payment to priority creditors that set out:
Under Icelandic insolvency law, creditors of Glitnir could object to the proposed distribution. A number of objections were received. Some were determined as invalid by the Winding-up Board, and those creditors were notified of this. All other objections by creditors have been withdrawn following meetings with Glitnir’s Winding-up Board. The distribution proposal can now, therefore, be implemented. Á íslensku
Further to its announcement on 16 February 2012, Glitnir announces the completion of the sale of the entire shareholdings held by Glitnir and Landsbanki Islands hf. (together with Glitnir, the "Sellers") in Iceland Foods Group Limited ("Iceland Foods") to Oswestry Acquico Limited, a company owned by members of the senior management team of Iceland Foods, including Malcolm Walker, and other equity investors (the "Transaction"). The Transaction represents an equity value for 100% of Iceland Foods of £1,550m.
Glitnir hf. confirms that the company together with Landsbanki Islands hf. have entered into exclusive discussions with ManagerCo, a company owned by the senior management team of Iceland Foods, including Malcolm Walker, to sell their respective shareholdings in Iceland Foods. Glitnir believes that this approach delivers the most certainty around sale completion whilst achieving the objective of maximising the proceeds from the sale of the shares.
A meeting has been convened of creditors of Glitnir hf., Reg. No. 550500-3530, of Sóltún 26, Reykjavík, Iceland on Tuesday, 31 January 2012, at 10:00 am at Grand Hótel Reykjavík, Sigtúni 38, Reykjavík. This meeting of creditors was convened at the preceding meeting of creditors of Glitnir hf. held on 31 August 2011. Á íslensku
Annual General Meeting, 26 April 2017 at 2pm