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Festi hf.: Buy-back programme week 39

·2-min read

In week 39 Festi purchased in total 1,249,121 own shares for total amount of 264,106,620 ISK as follows:

Week

Date

Time

Purchased shares

Share Price

Purchase price

39

27.9.2021

14:12:41

150.000

208,000

31.200.000

39

27.9.2021

15:29:39

100.000

208,000

20.800.000

39

28.9.2021

13:10:48

150.000

208,000

31.200.000

39

28.9.2021

14:52:29

100.000

208,000

20.800.000

39

29.9.2021

10:42:20

100.000

206,000

20.600.000

39

29.9.2021

13:25:45

100.000

207,000

20.700.000

39

29.9.2021

15:12:09

50.000

210,000

10.500.000

39

30.9.2021

12:53:56

1.060

214,000

226.840

39

30.9.2021

12:59:30

1

214,000

214

39

30.9.2021

13:08:33

98.939

214,000

21.172.946

39

30.9.2021

13:09:10

150.000

214,000

32.100.000

39

1.10.2021

11:16:48

94.090

220,000

20.699.800

39

1.10.2021

12:31:01

1.500

220,000

330.000

39

1.10.2021

14:06:37

150.000

220,000

33.000.000

39

1.10.2021

14:33:44

3.531

220,000

776.820

1.249.121

264.106.620

Before the purchase Festi held 2,500,000 own shares or 0.77% of issued shares. Festi has now bought in total 2,060,138 own shares for 426,199,003 ISK and holds today 4,560,138 own shares or 1,41% of issued shares.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.

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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