Festi hf.: Buy-back programme week 31
In week 31 2022 Festi purchased in total 415,000 own shares for total amount of 92,070,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 31 | 02/08/2022 | 13.19.22 | 90.000 | 223 | 20.070.000 | 3.415.000 | 774.895.000 |
| 31 | 03/08/2022 | 13.14.47 | 75.000 | 222 | 16.650.000 | 3.490.000 | 791.545.000 |
| 31 | 08/04/2022 | 15.11.13 | 100.000 | 222 | 22.200.000 | 3.590.000 | 813.745.000 |
| 31 | 08/05/2022 | 13.16.02 | 75.000 | 221 | 16.575.000 | 3.665.000 | 830.320.000 |
| 31 | 08/05/2022 | 14.42.06 | 75.000 | 221 | 16.575.000 | 3.740.000 | 846.895.000 |
| 415.000 | 92.070.000 |
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.
Before the purchase Festi held no shares in the company. Festi has now bought in total 3,740,000 own shares for 846,895,000 ISK and holds today 3,740,000 own shares or 1.20% of issued shares. This announcement of purchase of own shares is in accordance with the buy-back programme announced 21 June 2022 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.60% of the issued shares, with the cap of 1,150 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
