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Festi hf.: Buy-back programme week 38

·2-min read

In week 38 Festi purchased in total 811,017 own shares for total amount of 162,092,383 ISK as follows:

Purchased shares

Own shares total at end of day

Week

Date

Time

Share price

Purchase price

38

20.9.2021

13:17:26

10.717

199,000

2.132.683

2.510.717

38

20.9.2021

13:22:53

150.000

199,000

29.850.000

2.660.717

38

20.9.2021

13:57:40

300

199,000

59.700

2.661.017

38

21.9.2021

10:17:31

100.000

202,000

20.200.000

2.761.017

38

21.9.2021

13:50:51

150.000

198,000

29.700.000

2.911.017

38

22.9.2021

13:46:36

50.000

200,000

10.000.000

2.961.017

38

22.9.2021

13:54:45

100.000

200,000

20.000.000

3.061.017

38

23.9.2021

13.36:05

150.000

201,000

30.150.000

3.211.017

38

23.9.2021

13:42:55

100.000

200,000

20.000.000

3.311.017

811.017

162.092.383

This announcement of purchase of own shares is in accordance with the buy-back programme announced 20 September 2021 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 3,500,000 own shares or 1.08% of the issued shares, with the cap of 750 million ISK purchase price.

Before the purchase Festi held 2,500,000 own shares or 0.77% of issued shares. Festi has now bought in total 811,017 own shares for 162,092,383 ISK and holds today 3,311,017 own shares or 1,02% of issued shares.

The execution the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).


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