FESTI N1 Hf

Festi: Buy-back in week 11

Festi: Buy-back in week 11

Buy-back of shares in Festi amounted to 2.157.876 shares in week 11 2020:

WeekDateTimeNumber of sharesShare pricePurchase pricePurchased shares
       
1109.03.202010:55  100.000,00111  11.100.000  2.257.876,00
1109.03.202010:56  50.000,00110,5       5.525.000  2.307.876,00
1109.03.202012:52  273.664,00111  30.376.704  2.581.540,00
1109.03.202013:07  115.805,00111  12.854.355  2.697.345,00
1110.03.202010:20  539.469,00119,5  64.466.546  3.236.814,00
1111.03.202009:35  433.300,00118,5  51.346.050  3.670.114,00
1111.03.202012:55  106.169,00117  12.421.773  3.776.283,00
1112.03.202011:41  539.469,00100  53.946.900  4.315.752,00
     2.157.876,00   242.037.328 

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 3,157,876 of own shares or 0,96% and holds 4,315,752 shares or 1,31% 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
15/03/2020

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.: Capital Increase Due to Exercise of Share Option Agreements

Festi hf.: Capital Increase Due to Exercise of Share Option Agreements During the first exercise period under the share option plan for employees of the Festi Group, which was approved at the Annual General Meeting on March 6, 2024,a total of 1,048,552 share options were exercised in the Company. . The exercise price was ISK 187 per share (adjusted for dividends paid since the conclusion of the share option agreements), amounting to a total payment of ISK 196,079,224. In connection with the settlement, the Board of Directors of Festi has resolved to exercise its authorization under Article...

39m 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,...

39m 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Employee Share Option Plan – Allocation of share options to...

Festi hf.: Employee Share Option Plan – Allocation of share options to Executive management See the attached announcements regarding the granting of stock options to executive management under the share option plan, based on Article 10 of the Income Tax Act No. 90/2003. Attachments

May 2, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Kaupréttaráætlun starfsfólks – kaupréttarsamningar stjórnen...

Festi hf.: Kaupréttaráætlun starfsfólks – kaupréttarsamningar stjórnenda Sjá meðfylgjandi tilkynningar um gerð kaupréttarsamninga af hálfu stjórnenda á grundvelli kaupréttaráætlunar samkvæmt 10. gr. laga nr. 90/2003 um tekjuskatt. Viðhengi

May 2, 2025 1 EN
 PRESS RELEASE
Free
FESTI N1 HF

Festi hf.: Termination of Sale Process for Olíudreifing ehf.

Festi hf.: Termination of Sale Process for Olíudreifing ehf. In an announcement by Hagar hf., published after market closing today, April 30,2025, it was disclosed that the company had decided to terminate the formal sale process of Olís shares in Olíudreifing ehf. With reference to that announcement, inter alia the conditions for continuing the sale process of Festi shares in Olíudreifing ehf. are no longer in place, and therefore, the formal sale process of the shares is hereby discontinued.  “Even though a sale agreement was not achieved at this stage. the process has sharpened our unde...

April 30, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch