The Annual General Meeting of the Iceland Enterprise Investment Fund (EIF) was held Wednesday, 14 March 2018.
Net profit of the year 2017 amounted to ISK 15,900 million. In year end 2017 total equity was ISK 14,200 million.
A decision was approved at the meeting for the Fund to pay a dividend of ISK 11,700 million to shareholders. The payments derive largely from sales of subsidiaries of Icelandic Group last year. Following these payments, the Iceland Enterprise Investment Fund have paid a total of ISK 86.1 billion to shareholders from its inception, and called in a total of ISK 43.3 billion.
At the meeting, the number of members of the Board of Directors was reduced to three. Members of the Board are Gudrún Björg Birgisdóttir, Sveinn Hannesson and Thorkell Sigurlaugsson, the Chairman of the Board.