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).
