2024-05-21 10:45:00 CEST

2024-05-21 10:45:02 CEST


REGULATED INFORMATION

Islandic English
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 20 Íslandsbanki hf. (the Bank) purchased in total 885,803 own shares for the total amount of ISK 88,662,280 as follows:

DateTimePurchased SharesPrice per sharePurchase Price (ISK)Total Own Shares
13.5.202410:03:42100,000101.0010,100,00052,078,944
13.5.202411:07:332,79899.80279,24052,081,742
13.5.202413:13:42100,000100.0010,000,00052,181,742
13.5.202413:55:109,010100.00901,00052,190,752
13.5.202414:04:0137,692100.003,769,20052,228,444
14.5.202409:30:196,687100.00668,70052,235,131
14.5.202409:33:06242,813100.0024,281,30052,477,944
15.5.202411:17:19100,000100.0010,000,00052,577,944
15.5.202412:11:146,32999.80631,63452,584,273
15.5.202412:33:143,16599.80315,86752,587,438
15.5.202413:41:573,32999.80332,23452,590,767
15.5.202414:24:451,37099.80136,72652,592,137
15.5.202415:23:54100,000100.0010,000,00052,692,137
16.5.202410:12:2449,500100.004,950,00052,741,637
16.5.202414:26:591,05899.80105,58852,742,695
17.5.202410:49:39100,00099.909,990,00052,842,695
17.5.202411:15:554,00099.80399,20052,846,695
17.5.202413:51:372,34199.80233,63252,849,036
17.5.202414:18:4111,91199.801,188,71852,860,947
17.5.202414:18:503,80099.80379,24052,864,747

Total week 20885,803
88,662,280

Before the above purchase in week 20 the Bank owned 51,978,944 own shares, or 2.60% of issued shares. During this round of repurchase of own shares the Bank has purchased in total 6,428,021 own shares or 0.32% of issued shares, and the total purchase price thereunder is ISK 648,841,831.

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 52,864,747 own shares, or 2.64% 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