Festi hf.: Buy-back programme week 38
In week 38 Festi purchased in total 811,017 own shares for total amount of 162,092,383 ISK as follows:
| Purchased shares | Own shares total at end of day | |||||
| Week | Date | Time | Share price | Purchase price | ||
| 38 | 20.9.2021 | 13:17:26 | 10.717 | 199,000 | 2.132.683 | 2.510.717 |
| 38 | 20.9.2021 | 13:22:53 | 150.000 | 199,000 | 29.850.000 | 2.660.717 |
| 38 | 20.9.2021 | 13:57:40 | 300 | 199,000 | 59.700 | 2.661.017 |
| 38 | 21.9.2021 | 10:17:31 | 100.000 | 202,000 | 20.200.000 | 2.761.017 |
| 38 | 21.9.2021 | 13:50:51 | 150.000 | 198,000 | 29.700.000 | 2.911.017 |
| 38 | 22.9.2021 | 13:46:36 | 50.000 | 200,000 | 10.000.000 | 2.961.017 |
| 38 | 22.9.2021 | 13:54:45 | 100.000 | 200,000 | 20.000.000 | 3.061.017 |
| 38 | 23.9.2021 | 13.36:05 | 150.000 | 201,000 | 30.150.000 | 3.211.017 |
| 38 | 23.9.2021 | 13:42:55 | 100.000 | 200,000 | 20.000.000 | 3.311.017 |
| 811.017 | 162.092.383 |
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 811,017 own shares for 162,092,383 ISK and holds today 3,311,017 own shares or 1,02% 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. ().
