Trading in new low-cost Icelandic airline PLAY has commenced on the Nasdaq First North Growth Market Iceland, having successfully raised US$274 million in a recent, oversubscribed share offering.
PLAY celebrated its market listing with CEO Birgir Jónsson ringing the stock market bell at 12,000 feet.
“After a successful IPO, our inaugural flight and now trading of our shares, these past few weeks will be remembered for a long time here at PLAY. Our staff has worked wonders and we are well prepared to maximise the opportunities post-Covid. I think we can be allowed a little optimism now that we can start rebuilding Iceland’s aviation and tourism sectors,” said Jónsson.
Image: Left to right – Magnus Hardarson, CEO Nasdaq Iceland and Birgir Jónsson, CEO of PLAY
