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Festi: Buy-back programme week 41

Festi hf.
·1-min read


Own shares

Week

Date

Time

Purchased shares

Share price

Purchase price

Total

41

5.10.2020

10:25:31

150.000

144,25

21.637.500 kr

5.795.407

41

6.10.2020

09:41:00

150.000

145,00

21.750.000 kr

5.945.407

41

7.10.2020

13:55:38

150.000

145,50

21.825.000 kr

6.095.407

41

8.10.2020

11:03:22

50.000

146,75

7.337.500 kr

6.145.407

41

9.10.2020

13:49:59

150.000

149,50

22.425.000 kr

6.295.407

650.000

94.975.000

This announcement of purchase of own shares is in accordance with the buy-back programme announced 4 October 2020 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 4.000.000 own shares or 1,2% of the issued shares, with the cap of 600 million ISK purchase price.

Before the purchase Festi held 5.645.407 shares or 1,70 % of issued shares. Festi today holds 6.295.407 shares or 1,89 % of issued shares.

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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 Eggert Þór Kristófersson, CEO of Festi hf., (eggert@festi.is) and Magnús K. Ingason, CFO of Festi hf. (mki@festi.is).