|
|||
2017-05-02 12:07:37 CEST 2017-05-02 12:07:37 CEST BIRTINGARSKYLDAR UPPLÝSNINGAR Icelandair Group hf. - Changes in company's own sharesTransactions in relation to share repurchase program – week 16 and 17In Week 16 and 17 2017, Icelandair Group hf. (The “Company”) purchased 8,994,200 of its own shares. The total purchase price is ISK 121,413,580, as detailed below: Own shares at the beginning of period 115,004,645 Purchased at nominal value in week 16 and 8,994,200 17 Total turnover in week 16 and 121,413,580 17 Date Time No. of shares Shareprice Turnover No. of own shares bought after the transaction -------------------------------------------------------------------------------- 21/4/2017 14:13 1,000,000 13.22 13,220,000 116,004,645 24/4/2017 11:54 11,200 13.50 151,200 116,015,845 25/4/2017 09:33 1,000,000 13.42 13,420,000 117,015,845 26/4/2017 09:31 1,000,000 13.41 13,410,000 118,015,845 27/4/2017 09:40 520,000 13.40 6,968,000 118,535,845 27/4/2017 10:55 480,000 13.40 6,432,000 119,015,845 27/4/2017 11:32 159,990 13.35 2,135,867 119,175,835 27/4/2017 11:48 840,010 13.32 11,188,933 120,015,845 27/4/2017 14:30 1,000,000 13.20 13,200,000 121,015,845 27/4/2017 14:31 1,000,000 13.12 13,120,000 122,015,845 28/4/2017 09:54 1,000,000 14.15 14,150,000 123,015,845 28/4/2017 15:19 983,000 14.26 14,017,580 123,998,845 Prior to the aforementioned share repurchase, the Company owned 115,004,645 of its own shares but now owns 123,998,845 of its own shares, corresponding to 2.48% of the Company‘s total share capital. The trade is in accordance with a share repurchase program authorized by the Annual General Meeting on the 10th of March 2016 and has been put in motion according to an announcement published in NASDAQ Iceland on the 20th of February 2017. Icelandair Group hf. has acquired 98,998,845 of its own shares under the program which corresponds to 1.98% of the total share capital and the total value of repurchased shares amounts to ISK 1,428,977,260. According to the program, The Company may not purchase more than 114,000,000 of its own shares, corresponding to 2.28% of the total share capital. The total consideration for shares under the program shall not exceed ISK 1,700 million. The share repurchase program is valid until September 8th 2017 or until the total allowed amount of shares are purchased by the Company, whichever happens first. The share repurchase program is executed in accordance with Chapter VIII. of Act No. 2/1995 on Public Limited Companies and Chapter II of the Annex to Regulation No. 630/2005 on Inside Information and Market Abuse, with later amendments. |
|||
|