Festi: Buy-back programme week 40

In week 40, Festi purchased in total 996,173 own shares for total amount of 212,188,676 ISK as follows:

Week	Date	Time	Purchased shares	Price	Purchase price
40	4.10.2021	10:27:11	100.000	216,000	21.600.000
40	4.10.2021	13:09:50	150.000	215,000	32.250.000
40	5.10.2021	10:33:21	100.000	214,000	21.400.000
40	5.10.2021	14:04:45	150.000	214,000	32.100.000
40	6.10.2021	13:49:52	150.000	211,000	31.650.000
40	7.10.2021	10:44:49	100.000	210,000	21.000.000
40	7.10.2021	15:02:38	150.000	212,000	31.800.000
40	8.10.2021	15:12:49	96.173	212,000	20.388.676
			996.173		212.188.676

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 3,056,311 own shares for 638,387,679 ISK and holds today 5,556,311 own shares or 1,72% 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).