Festi: Buy-back programme week 25

In week 25, Festi purchased in total 1.250.000 own shares for total amount of 250.250.000 ISK as follows:

      Purchased   Purchase Own shares total
Week Date Time shares Share price price at end of day
             
25 21.6.2021 09:33         250.000 200,50 50.125.000              659.376     
25 22.6.2021 09:40         250.000 199,00 49.750.000              909.376     
25 23.6.2021 09:35         250.000 199,00 49.750.000              1.159.376     
25 24.6.2021 10:43         250.000 200,50 50.125.000              1.409.376     
25 25.6.2021 11:48         250.000 202,00 50.500.000              1.659.376     
             
            1.250.000   250.250.000  

This announcement of purchase of own shares is in accordance with the buy-back programme announced 20 June 2021 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 2.090.623 own shares or 0,65% of the issued shares, with the cap of 430 million ISK purchase price.

Before the purchase Festi held 409,376 own shares or 0.13% of issued shares. Festi has now bought in total 1.250.000 own shares for 250.250.000 ISK and holds today 1.659.376 own shares or 0.51% 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. ([email protected]).

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