-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RuPrbyigZXKMDexlYQK7yp5DXIvrobli1igyhKS6Shj06fQ0Ht81woAJnrtCoN1w tv+2yrvV3Ureyuqh2co/Ow== 0001321543-05-000211.txt : 20051103 0001321543-05-000211.hdr.sgml : 20051103 20051103164219 ACCESSION NUMBER: 0001321543-05-000211 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20051101 FILED AS OF DATE: 20051103 DATE AS OF CHANGE: 20051103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LINENS N THINGS INC CENTRAL INDEX KEY: 0001023052 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] IRS NUMBER: 223463939 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 6 BRIGHTON RD CITY: CLIFTON STATE: NJ ZIP: 07015 BUSINESS PHONE: 9737781300 MAIL ADDRESS: STREET 1: 6 BRIGHTON RD CITY: CLIFTON STATE: NJ ZIP: 07015 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kaupthing Bank hf. CENTRAL INDEX KEY: 0001342241 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12381 FILM NUMBER: 051177466 BUSINESS ADDRESS: STREET 1: BORGARTUN 19 CITY: REYKJAVIK STATE: K6 ZIP: IS 105 BUSINESS PHONE: (212)457-8700 MAIL ADDRESS: STREET 1: 230 PARK AVENUE STREET 2: SUITE 1528 CITY: NEW YORK STATE: NY ZIP: 10169 4 1 gfs02071-form4_ex.xml X0202 4 2005-11-01 0 0001023052 LINENS N THINGS INC LIN 0001342241 Kaupthing Bank hf. BORGARTUN 19 REYKJAVIK K6 IS-105 ICELAND 0 0 1 0 Common Stock 2005-11-01 4 P 0 10000 24.9966 A 5403100 D Common Stock 2005-11-01 4 P 0 25000 25.1000 A 5428100 D Common Stock 2005-11-01 4 P 0 25000 25.2000 A 5453100 D Common Stock 2005-11-01 4 P 0 25000 25.2000 A 5478100 D Common Stock 2005-11-01 4 P 0 20000 25.2000 A 5498100 D Common Stock 2005-11-01 4 P 0 5000 25.2000 A 5503100 D Common Stock 2005-11-01 4 P 0 50000 25.2500 A 5553100 D Please see Exhibit 99.1 attached /s/ Magnus Lejdstrom, POA 2005-11-03 EX-24 2 ex24.htm Unassociated Document
 
 
Exhibit 24
POWER OF ATTORNEY
 
 
Know all by these presents, that the undersigned hereby constitutes and appoints Magnus Lejdstrom of Kaupthing Securities, Inc., the undersigned's true and lawful attorney-in-fact to:
 
(1)     execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Kaupthing Bank hf. (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
 
(2)     do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
 
(3)     take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.
 
The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
 
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 26th day of October, 2005.
 
 
KAUPTHING BANK HF.
 
         
By: /s/ Hannes Fimann Hrolfsson     /s/ Asthildur Otharsdottir
 
   
 
Hannes Fimann Hrolfsson
Head of FX and Derivatives Sales
     Signature
         
        Asthildur Otharsdottir
       
        Print Name
 
         
By: /s/ Gudmundur Thordur Gudnumdsson     /s/ October 26, 2005
 
   
 
Gudmundur Thordur Gudnumdsson
Managing Director
     Date
 
 
 
 EX-99.1 3 ex99-1.htm Exhibit 99.1

Exhibit 99.1

The shares (the “Shares”) listed on Table I were purchased by Kaupthing Bank hf. (“Kaupthing”) in accordance with certain Agreements, by and between Kaupthing and Lagerinn ehf (“Lagerinn”), (the “Equity Swap Agreements”). Kaupthing has purchased and holds the Shares pursuant to the Equity Swap Agreements. Lagerinn has the right at any time to close out the Equity Swap Agreements and purchase the Shares. Kaupthing shall hold the Shares until the earlier of (i) April 5, 2006 and (ii) such earlier date as Lagerinn closes the swap agreement and purchases the Shares (the “Closing Date”). On the Closing Date, Lagerinn is obligated to purchase the Shares from Kaupthing pursuant to the Equity Swap Agreements. Lagerinn has the exclusive right to direct Kaupthing to vote and dispose of the Shares. Pursuant to the Equity Swap Agreements, Lagerinn bears the economic risk and benefit of the Shares. If Lagerinn does not purchase the Shares by April 5, 2006, Kaupthing has the right to dispose of the Shares as it sees fit and shall pay to Lagerinn, with respect to the Shares purchased pursuant to each Equity Swap Agreement, the increase in value of such Shares from the date of such Equity Swap Agreement (subject to certain offsets for fees and brokerage commissions). In the event that Lagerinn does not purchase the Shares by April 5, 2006 and the Shares decrease in value, Lagerinn shall pay to Kaupthing, with respect to the Shares purchased pursuant to each Equity Swap Agreement, the amount of the decrease in value of such Shares from the date of such Equity Swap Agreement (together with certain fees and brokerage commissions). The foregoing discussion of the Equity Swap Agreements is qualified in its entirety by reference to the statement on Schedule 13D filed on September 22, 2005 relating to the common stock, $0.01 par value per share, of Linens ‘n Things, Inc., a Delaware corporation (the “Schedule 13D”), as amended by Amendment No. 1 to the Schedule 13D filed on September 27, 2005, and further amended by Amendment No. 2 to the Schedule 13D filed on October 25, 2005, filed by Kaupthing, Lagerinn, Jákup á Dul Jacobsen and TF Holding P/F.

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