Gavia Invest ehf acquired 12.7% stake in Sýn hf. (ICSE:SYN) from Heidar Gudjonsson for approximately ISK 2.2 billion on July 24, 2022. Post completion,Heidar Gudjonsson- Chief executive Officer of Syn announced the resignation and said shareholder Gavia Invest is seeking a general meeting to elect a new board. Gavia Invest became the largest shareholder in Syn.

Gavia Invest ehf completed the acquisition of12.7% stake in Sýn hf. (ICSE:SYN) from Heidar Gudjonsson on July 24, 2022.