FESTI N1 Hf

Festi: Transactions in relation to a share buy-back programme

Festi: Transactions in relation to a share buy-back programme

Buy-back of shares in Festi amounted to 2.157.876 shares in week 10 2020:

WeekDate TimeNumber of sharesShare pricePurchase pricePurchased shares
hlutir  
1003.03.202010:01  539.469,00127,5  68.782.298  539.469,00
1004.03.202015:01  539.469,00127  68.512.563  1.078.938,00
1005.03.202010:35  539.469,00123  66.354.687  1.618.407,00
1006.03.202009:46  539.469,00118  63.657.342  2.157.876,00

This announcement of purchase of own shares is in accordance with Festi‘s buy-back programme announced by notice to Nasdaq OMX Iceland on 2 March 2020.  

Prior to the transactions Festi held 1,000,000 of own shares or 0,3% and holds 3,157,876 shares or 0,96% of own shares after the transactions. The maximum of the buy-back is 5,000,000 shares or 1,5% of issued shares. The buy-back programme is in force until 23 March 2020 which is the date for the Annual General Meeting of the company.

The buy-back programme is carried out in accordance with Chapter VIII of the Act on limited liability companies No. 2/1995 and Annex II to the Regulation on insider information and market abuse No. 630/2005.

For further information contact Eggert Þór Kristófersson, CEO of Festi hf., ()

EN
07/03/2020

Underlying

FESTIN1 Hf

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on N1 Hf

 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Managers transactions

Festi hf.: Managers transactions Please see the attached notifications.   Attachments

May 20, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Viðskipti stjórnenda

Festi hf.: Viðskipti stjórnenda Sjá meðfylgjandi tilkynningar. Viðhengi

May 20, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Share option plan for employees of the Festi Group

Festi hf.: Share option plan for employees of the Festi Group In accordance with Festi’s remuneration policy, a share option plan, approved at the Company’s Annual General Meeting on March 6, 2024, is in effect based on Article 10 of the Income Tax Act No. 90/2003. The share option plan is valid for a period of three years, i.e., until May 2027, and applies to all permanent employees of the Festi Group. The objective of the plan is to align the interests of employees with the performance and long-term goals of the Company and its shareholders. Implementation of the share option plan was an...

May 19, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Kaupréttaráætlun fyrir starfsfólk Festi og dótturfélaga

Festi hf.: Kaupréttaráætlun fyrir starfsfólk Festi og dótturfélaga Í samræmi við starfskjarastefnu Festi hf. er í gildi kaupréttaráætlun á grundvelli 10. gr. laga um tekjuskatt nr. 90/2003 sem samþykkt var á aðalfundi félagsins þann 6. mars 2024. Kaupréttaráætlunin gildir til þriggja ára frá, þ.e. til maí 2027, og nær til alls fastráðins starfsfólks Festi og félaga í sömu samstæðu. Markmið áætlunarinnar er að tengja hagsmuni starfsfólks við afkomu og lantímamarkmið félagsins og hluthafa þess. Tilkynnt var um framkvæmd kaupréttaráætlunarinnar í tilkynningum 24. apríl og 5. maí 2024. Samkv...

May 19, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Hækkun hlutafjár vegna efnda á kaupréttarsamningum

Festi hf.: Hækkun hlutafjár vegna efnda á kaupréttarsamningum Á fyrsta nýtingartímabili samkvæmt kaupréttaráætlun fyrir starfsmenn Festi hf. (hér eftir „Festi“ eða félagið) og dótturfélaga, sem samþykkt var á aðalfundi 6. mars 2024, bárust tilkynningar um nýtingu kaupréttar sem taka til samtals 1.048.552 hluta í félaginu á genginu 187 á hvern hlut (kaupgengi aðlagað að teknu tilliti til arðgreiðslna frá gerð kaupréttarsamninga) eða fyrir heildarfjárhæð kr. 196.079.224. Í tengslum við uppgjörið hefur stjórn Festi samþykkt að nýta heimild sína samkvæmt 5. mgr. 5. gr. í samþykktum félagsins,...

May 19, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch