Festi hf.: Buy-back programme week 9
In week 9 2023, Festi purchased in total 321,500 own shares for total amount of 58,047,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 9 | 27.2.2023 | 14:55:32 | 50.000 | 183 | 9.150.000 | 1.981.020 | 352.699.002 |
| 9 | 28.2.2023 | 10:06:22 | 30.000 | 182 | 5.460.000 | 2.011.020 | 358.159.002 |
| 9 | 28.2.2023 | 15:27:54 | 50.000 | 181,5 | 9.075.000 | 2.061.020 | 367.234.002 |
| 9 | 1.3.2023 | 11:35:06 | 34 | 180 | 6.120 | 2.061.054 | 367.240.122 |
| 9 | 1.3.2023 | 12:25:40 | 400 | 180 | 72.000 | 2.061.454 | 367.312.122 |
| 9 | 1.3.2023 | 13:07:29 | 12 | 180 | 2.160 | 2.061.466 | 367.314.282 |
| 9 | 1.3.2023 | 14:19:27 | 110 | 180 | 19.800 | 2.061.576 | 367.334.082 |
| 9 | 1.3.2023 | 14:26:52 | 29.444 | 180 | 5.299.920 | 2.091.020 | 372.634.002 |
| 9 | 1.3.2023 | 15:24:08 | 1.500 | 178 | 267.000 | 2.092.520 | 372.901.002 |
| 9 | 2.3.2023 | 13:50:57 | 30.000 | 176,5 | 5.295.000 | 2.122.520 | 378.196.002 |
| 9 | 3.3.2023 | 11:20:45 | 3.000 | 180 | 540.000 | 2.125.520 | 378.736.002 |
| 9 | 3.3.2023 | 11:21:34 | 27.000 | 180 | 4.860.000 | 2.152.520 | 383.596.002 |
| 9 | 3.3.2023 | 13:50:34 | 100.000 | 180 | 18.000.000 | 2.252.520 | 401.596.002 |
| 321.500 | 58.047.000 |
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 5,000,000 own shares or 1.60% of issued shares. Festi has now bought in total 2,252,520 own shares for 401,596,002 ISK and holds today 7,252,520 own shares or 2.32% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 6 January 2023 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 3,000,000 own shares or 0.96% of the issued shares, with the cap of 650 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
