2022-10-03 15:00:00 CEST

2022-10-03 15:00:04 CEST


REGULATED INFORMATION

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

Arion Bank: Transactions in relation to a share buyback programme


Reference is made to a press release from Arion Bank, published 5 September 2022 regarding the launch of a share buyback program. In week 39 2022 Arion Bank purchased own shares on Nasdaq Iceland and Swedish Depository Receipts (SDR) on Nasdaq Stockholm. See further details below.

Share buyback on Nasdaq Iceland:

DateTime (GMT)Number of sharesShare pricePurchase price (ISK)Total own shares
26.9.202209:37:34                       599   163,5097.93717.418.237
26.9.202210:58:24               199.401   163,5032.602.06417.617.638
26.9.202212:43:21               250.000   163,0040.750.00017.867.638
26.9.202214:12:34               157.350   162,5025.569.37518.024.988
26.9.202214:32:54                 35.000   162,505.687.50018.059.988
26.9.202215:14:05                   7.650   162,501.243.12518.067.638
26.9.202215:29:47               200.000   161,5032.300.00018.267.638
27.9.202210:29:22                   1.286   159,00204.47418.268.924
27.9.202210:30:35               198.714   159,0031.595.52618.467.638
27.9.202210:42:06               200.000   159,0031.800.00018.667.638
27.9.202213:34:00               700.000   160,00112.000.00019.367.638
28.9.202209:30:00               200.000   158,5031.700.00019.567.638
28.9.202210:02:59                 60.000   157,009.420.00019.627.638
28.9.202210:25:18                   2.275   157,00357.17519.629.913
28.9.202211:08:07                   2.275   157,00357.17519.632.188
28.9.202211:10:33                 11.730   157,001.841.61019.643.918
28.9.202211:57:19               123.720   157,0019.424.04019.767.638
28.9.202212:58:18                       196   155,5030.47819.767.834
28.9.202213:42:44               290.000   156,0045.240.00020.057.834
28.9.202213:46:00                   2.275   155,50353.76320.060.109
28.9.202215:22:58                 31.300   157,004.914.10020.091.409
29.9.202210:20:03                   2.655   155,00411.52520.094.064
29.9.202211:00:24               200.000   155,7531.150.00020.294.064
29.9.202214:08:07               197.345   155,0030.588.47520.491.409
29.9.202214:15:05                 22.632   155,003.507.96020.514.041
29.9.202214:24:07                 95.000   155,0014.725.00020.609.041
29.9.202214:25:51                 82.368   155,0012.767.04020.691.409
29.9.202214:32:48                 14.754   154,502.279.49320.706.163
29.9.202214:34:55               285.246   154,5044.070.50720.991.409
29.9.202215:08:31                 14.755   153,502.264.89321.006.164
30.9.202211:36:20               300.000   157,5047.250.00021.306.164
30.9.202213:04:41               500.000   15879.000.00021.806.164


           4.388.526   
695.503.23321.806.164

 
SDRs purchased on Nasdaq Stockholm:

DateTime (GMT)Number of SDRShare pricePurchase price (SEK)Total own SDR
26/09/202209:42:264,50013.2459,5801,747,895
26/09/202210:17:254,36013.3057,9881,752,255
26/09/202210:17:25213.30271,752,257
26/09/202210:17:253813.305051,752,295
26/09/202210:17:2560013.307,9801,752,895
26/09/202214:43:4250013.006,5001,753,395
26/09/202214:43:429113.001,1831,753,486
26/09/202214:43:4323213.003,0161,753,718
26/09/202214:43:4333813.004,3941,754,056
26/09/202214:43:4331113.004,0431,754,367
26/09/202214:43:4350013.006,5001,754,867
26/09/202214:43:432,02513.0026,3251,756,892
26/09/202214:45:531,00313.0013,0391,757,895
26/09/202214:47:443912.905031,757,934
26/09/202214:47:4434912.904,5021,758,283
26/09/202214:47:4451812.906,6821,758,801
26/09/202214:47:4432112.904,1411,759,122
26/09/202214:47:442,49712.9032,2111,761,619
26/09/202214:48:592512.903231,761,644
26/09/202215:13:0931513.004,0951,761,959
26/09/202215:13:097913.001,0271,762,038
26/09/202215:13:091,00013.0013,0001,763,038
26/09/202215:13:0922513.002,9251,763,263
26/09/202215:13:0963213.008,2161,763,895
27/09/202209:17:5951612.906,6561,764,411
27/09/202209:21:1770112.909,0431,765,112
27/09/202209:30:3346012.905,9341,765,572
27/09/202209:30:331,20112.9015,4931,766,773
27/09/202209:33:453,12212.9040,2741,769,895
27/09/202210:16:095,00012.7663,8001,774,895
27/09/202210:23:5445912.825,8841,775,354
27/09/202210:23:541,64612.8221,1021,777,000
27/09/202210:23:54312.82381,777,003
27/09/202210:23:5454712.827,0131,777,550
27/09/202210:23:5452712.826,7561,778,077
27/09/202210:23:5490012.8211,5381,778,977
27/09/202210:23:549112.821,1671,779,068
27/09/202210:23:5482712.8210,6021,779,895
27/09/202212:59:512012.542511,779,915
27/09/202212:59:511,20512.5415,1111,781,120
27/09/202212:59:512112.542631,781,141
27/09/202212:59:5134112.544,2761,781,482
27/09/202212:59:5134812.544,3641,781,830
27/09/202213:03:034212.545271,781,872
27/09/202213:08:3814112.541,7681,782,013
27/09/202213:17:2735012.544,3891,782,363
27/09/202213:17:279212.541,1541,782,455
27/09/202215:06:3379012.549,9071,783,245
27/09/202215:06:3355012.546,8971,783,795
27/09/202215:06:3355012.546,8971,784,345
27/09/202215:06:3355012.546,8971,784,895
28/09/202209:09:27212.00241,784,897
28/09/202209:21:0021112.322,6001,785,108
28/09/202209:22:471,15312.3214,2051,786,261
28/09/202209:32:485,00012.4062,0001,791,261
28/09/202209:45:3036312.404,5011,791,624
28/09/202209:45:3058312.407,2291,792,207
28/09/202209:50:481,48212.4018,3771,793,689
28/09/202209:50:4828412.403,5221,793,973
28/09/202209:54:0214012.401,7361,794,113
28/09/202210:00:1733012.404,0921,794,443
28/09/202210:07:3345212.405,6051,794,895
28/09/202213:24:5638812.284,7651,795,283
28/09/202213:24:567812.289581,795,361
28/09/202213:24:5617412.282,1371,795,535
28/09/202213:24:5637112.284,5561,795,906
28/09/202213:24:5669912.288,5841,796,605
28/09/202213:24:565512.286751,796,660
28/09/202213:25:47412.3491,796,664
28/09/202213:25:478512.281,0441,796,749
28/09/202213:25:4789712.311,0331,797,646
28/09/202213:25:4718812.32,3121,797,834
28/09/202213:51:177,05712.386,8011,804,891
28/09/202213:51:17412.3491,804,895
29/09/202210:50:5228512.123,4541,805,180
29/09/202210:50:522,00012.1224,2401,807,180
29/09/202211:00:101,00012.1212,1201,808,180
29/09/202211:14:0438112.124,6181,808,561
29/09/202211:43:311112.121331,808,572
29/09/202211:49:243312.124001,808,605
29/09/202211:59:394412.125331,808,649
29/09/202212:01:331,00012.1212,1201,809,649
29/09/202212:04:1660012.127,2721,810,249
29/09/202212:35:4115312.121,8541,810,402
29/09/202212:42:2234612.124,1941,810,748
29/09/202212:50:083,05612.1237,0391,813,804
29/09/202212:50:0861112.127,4051,814,415
29/09/202213:02:0712712.141,5421,814,542
29/09/202213:02:071112.141341,814,553
29/09/202213:02:0721912.142,6591,814,772
29/09/202213:08:501,00012.1412,1401,815,772
29/09/202213:27:0354312.146,5921,816,315
29/09/202213:46:012,10012.1425,4941,818,415
29/09/202213:55:5815912.141,9301,818,574
29/09/202214:13:011912.182311,818,593
29/09/202214:13:0132212.183,9221,818,915
29/09/202214:13:0150012.186,0901,819,415
29/09/202214:33:4681212.249,9391,820,227
29/09/202215:00:4550012.36,1501,820,727
29/09/202215:05:462712.33321,820,754
29/09/202215:05:463,66112.345,0301,824,415
30/09/202209:53:165412.36641,824,469
30/09/202209:53:166112.37501,824,530
30/09/202209:53:164812.35901,824,578
30/09/202209:53:167812.39591,824,656
30/09/202209:53:451112.31351,824,667
30/09/202210:30:44112.3121,824,668
30/09/202210:37:249,74712.3119,8881,834,415
30/09/202212:49:1156912.36,9991,834,984
30/09/202213:24:1417512.322,1561,835,159
30/09/202213:24:1413312.321,6391,835,292
30/09/202213:39:0318812.322,3161,835,480
30/09/202214:01:2633112.324,0781,835,811
30/09/202215:00:5216312.342,0111,835,974
30/09/202215:00:5210912.341,3451,836,083
30/09/202215:00:5220012.342,4681,836,283
30/09/202215:00:5214012.341,7281,836,423
30/09/202215:10:497,99212.3498,6211,844,415


101,020
1,267,4861,844,415

The Bank held 19,161,033 of own shares and SDRs prior to the transactions in week 38 and holds 23,650,579 shares and SDRs by the end of the same week. The Bank currently holds 1.57% of issued shares in the Bank. Since the launch of the share buyback programme the Bank has bought in total 12,593,008 shares and 330,110 SDRs.
The repurchase under the Program will be divided between the Icelandic and Swedish markets, where up to 573,000 SDRs may be repurchased in Sweden, corresponding to 0.04% of the current issued capital, and where up to 28,077,000 shares may repurchased in Iceland, corresponding to 1.86% of the current issued capital (total 1.9% of the current issued capital). The total consideration for purchased SDRs shall furthermore not exceed ISK 100,000,000 in Sweden and ISK 4,900,000,000 for purchased shares in Iceland (ISK 5,000,000,000 total). The Program will end no later than 15 March 2023. The Bank retains the right to discontinue the Program at any time.
 
The Program is carried out in accordance with applicable law and regulation in Iceland and Sweden, as the case may be, including Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (“MAR”), the Safe Harbour Regulation, Icelandic acts on limited liability companies, No. 2/1995 and Act No. 60/2021 on measures against market manipulation and rules no. 320/2022 of measures against market manipulation which, inter alia, adopted the Safe Harbour Regulation into Icelandic law. Transactions under the Program will all be publicly disclosed in accordance with applicable law and regulation in Iceland and Sweden respectively.

For any further information please contact:

Eirikur Magnus Jensson, Head of Treasury at eirikur.jensson@arionbanki.is, tel. +354 856 7468, or Theodór Friðbertsson, Head of Investor Relations at Arion Bank, ir@arionbanki.is, tel. +354 856 6760