Festi hf.: Buy-back programme week 41 - end of buy-back

In week 41, Festi purchased in total 443,689 own shares for total amount of 94,118,379 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
41	11.10.2021	11:00:44	3.026	212,000	641.512
41	11.10.2021	12:07:07	9.800	212,000	2.077.600
41	11.10.2021	13:07:29	150.000	213,000	31.950.000
41	11.10.2021	15:24:38	87.174	212,000	18.480.888
41	12.10.2021	10:10:30	100.000	212,000	21.200.000
41	12.10.2021	14:20:02	93.689	211,000	19.768.379
			443.689		94.118.379

This announcement of purchase of own shares is in accordance with the buy-back programme announced 20 September 2021 to Nasdaq OMX Iceland. Festi has purchased in total 3,500,000 own shares for 732,506,058 ISK and has finished the buy-back.

Before the purchase Festi held 2,500,000 own shares or 0.77% of issued shares but owns now 6,000,000 own shares or 1.85% of issued shares.

The execution of 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).