2024-06-03 11:00:00 CEST

2024-06-03 11:00:02 CEST


REGULATED INFORMATION

English Islandic
Íslandsbanki hf. - Changes in company's own shares

Íslandsbanki hf.: Transactions in relation to a share repurchase programme


Reference is made to an announcement from Íslandsbanki hf., published 22 March 2024 on the further implementation of a share repurchase programme relating to own shares in the amount of ISK 5 billion, initially announced on 17 February 2023.

In week 22 Íslandsbanki hf. (the Bank) purchased in total 948,213 own shares for the total amount of ISK 91,969,535 as follows:

DateTimePurchased sharesPrice per sharePurchase Price
(ISK)		Total own shares
27.5.202410:13:4418,05898.401,776,90753,432,103
27.5.202410:53:53230,00098.4022,632,00053,662,103
27.5.202411:06:111,44298.40141,89353,663,545
28.5.202409:57:487,50098.00735,00053,671,045
28.5.202410:43:5220,00098.001,960,00053,691,045
28.5.202411:19:5712,65898.001,240,48453,703,703
28.5.202413:07:031,55298.40152,71753,705,255
28.5.202413:07:038,48598.40834,92453,713,740
28.5.202413:36:37190,00098.4018,696,00053,903,740
28.5.202413:42:249,30598.40915,61253,913,045
29.5.202410:04:201,00095.6095,60053,914,045
29.5.202410:14:1712,65895.601,210,10553,926,703
29.5.202410:16:471,58295.60151,23953,928,285
29.5.202410:18:0112,65895.601,210,10553,940,943
29.5.202410:20:1521,60295.602,065,15153,962,545
29.5.202410:34:0912,65895.601,210,10553,975,203
29.5.202410:45:0950,00095.604,780,00054,025,203
29.5.202410:57:344,35895.60416,62554,029,561
29.5.202411:20:0432,98495.603,153,27054,062,545
29.5.202412:53:07100,00095.809,580,00054,162,545
30.5.202410:18:1421394.4020,10754,162,758
31.5.202409:42:4888694.4083,63854,163,644
31.5.202412:33:0111,39295.201,084,51854,175,036
31.5.202412:59:081,00095.2095,20054,176,036
31.5.202413:02:4723095.2021,89654,176,266
31.5.202413:05:4335,99295.203,426,43854,212,258
31.5.202413:22:28150,00095.2014,280,00054,362,258

Total week 22948,213
91,969,535

Before the above purchase in week 22 the Bank owned 53,414,045 own shares, or 2.67% of issued shares. During this round of repurchase of own shares the Bank has purchased in total 7,925,532 own shares or 0.40% of issued shares, and the total purchase price thereunder is ISK 795,572,789.

This round of share buybacks aims to repurchase own shares of the maximum amount of 10 million shares or 0.50% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 1,000,000,000 in total. This round of share buybacks commenced on 25 March 2024 and remains in force until 30 June 2024, unless the conditions on the maximum amount of shares or purchase price is met before that time.

From the beginning of the share repurchase in February 2023 the Bank has purchased a total of 54,362,258 own shares, or 2.72% of issued shares.

The share repurchase programme will be carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse, Commission delegated regulation (EU) 2016/1052 of 8 March 2016, the Act on Measures Against Market Abuse No. 60/2021 and regulation 320/2022 on the same subject. The approval of the Financial Supervisory Authority of the Central Bank of Iceland for the Bank's repurchase of own shares has been obtained.

For further information please contact:
Investor Relations - Bjarney Anna Bjarnadóttir, ir@islandsbanki.is
Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is