NASDAQ Iceland hf.: Shares of Kvika bank hf. (symbol: KVIKA) receive observation status

Shares issued by Kvika bank hf. (symbol: KVIKA) have received an observation
status with reference to announcement from KVIKA bank hf., dated 28. September
2020. 

The observation is based upon article 4.1 in the Rules for Issuers of Financial
Instruments on Nasdaq Iceland hf. The Exchange can decide that an issuer
receives an observation status in the event of a merger or a merger-like
process.