Festi hf.: Buy-back programme week 39
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).
