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2022-07-04 10:35:00 CEST 2022-07-04 10:35:00 CEST REGULATED INFORMATION Festi hf. - Changes in company's own sharesFesti hf.: Buy-back programme week 27In week 27 2022 Festi purchased in total 700,000 own shares for total amount of 149,025,000 ISK as follows:
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. Before the purchase Festi held no shares in the company. Festi has now bought in total 925,000 own shares for 194,825.000 ISK and holds today 925,000 own shares or 0.30% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 21 June 2022 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.60% of the issued shares, with the cap of 1,150 million ISK purchase price. For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is). |
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