2024-04-29 11:36:00 CEST

2024-04-29 11:36:02 CEST


REGULATED INFORMATION

Islandic English
Arion Bank hf. - Total number of voting rights and capital

Arion Bank: Transactions in relation to a share buyback programme


Reference is made to a press release from Arion Bank, published 4 April 2024 regarding the launch of a share buyback program. In week 17 2024 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
22.4.202413:07:15500,000143.0071,500,00017,637,843
23.4.202410:18:45400,000143.0057,200,00018,037,843
23.4.202415:14:11166,035142.5023,659,98818,203,878
24.4.202411:05:09500,000143.0071,500,00018,703,878
24.4.202414:48:38300,000144.0043,200,00019,003,878
24.4.202414:50:29100,000144.0014,400,00019,103,878
26.4.202409:59:53300,000144.0043,200,00019,403,878
26.4.202411:02:50219,972143.0031,455,99619,623,850
26.4.202413:50:37200,000143.0028,600,00019,823,850
26.4.202414:54:44250,000143.0035,750,00020,073,850


2,936,007
420,465,98420,073,850

SDRs purchased on Nasdaq Stockholm:

DateTime (GMT)Number of SDRsShare pricePurchase price (SEK)Total own SDRs
22.4.202410:19:1711211.051,2382,815,972
22.4.202410:19:1720011.052,2102,816,172
22.4.202410:25:0999511.0510,9952,817,167
22.4.202410:59:183,69311.0540,8082,820,860
22.4.202414:11:2188011.059,7242,821,740
22.4.202414:11:2111211.051,2382,821,852
22.4.202414:11:2150011.055,5252,822,352
22.4.202414:11:2151711.055,7132,822,869
22.4.202414:11:3599011.0510,9402,823,859
22.4.202414:47:24111.05112,823,860
23.4.202409:28:4011111.001,2212,823,971
23.4.202412:19:341,25011.2014,0002,825,221
23.4.202412:19:344011.204482,825,261
23.4.202412:19:3492911.2010,4052,826,190
23.4.202412:19:341,25011.2014,0002,827,440
23.4.202412:19:3481311.209,1062,828,253
23.4.202412:19:3460711.206,7982,828,860
23.4.202415:18:2151711.155,7652,829,377
23.4.202415:18:211,29811.1514,4732,830,675
23.4.202415:21:544111.154572,830,716
23.4.202415:29:383,04411.1533,9412,833,760
23.4.202415:29:388111.159032,833,841
24.4.202409:24:321211.151342,833,853
24.4.202409:24:326011.156692,833,913
24.4.202409:24:323511.153902,833,948
24.4.202409:38:214311.154792,833,991
24.4.202412:47:231,27611.1514,2272,835,267
24.4.202412:50:50311.15332,835,270
24.4.202412:53:451,00011.1511,1502,836,270
24.4.202413:33:482,57111.1528,6672,838,841
24.4.202414:34:385311.155912,838,894
24.4.202414:34:3811811.151,3162,839,012
24.4.202414:34:384,82911.1553,8432,843,841
26.4.202409:22:1329610.953,2412,844,137
26.4.202409:22:132,70910.9529,6642,846,846
26.4.202410:39:234510.954932,846,891
26.4.202411:32:535411.055972,846,945
26.4.202411:32:534511.054972,846,990
26.4.202411:32:5328711.053,1712,847,277
26.4.202413:24:1722711.052,5082,847,504
26.4.202413:41:0462111.106,8932,848,125
26.4.202413:41:0471611.107,9482,848,841
26.4.202413:41:3263611.107,0602,849,477
26.4.202413:49:274511.105002,849,522
26.4.202414:25:193,05211.1534,0302,852,574
26.4.202414:25:194511.155022,852,619
26.4.202414:25:192211.152452,852,641
26.4.202415:01:3018511.202,0722,852,826
26.4.202415:01:304011.204482,852,866
26.4.202415:01:3020011.202,2402,853,066
26.4.202415:01:30911.201012,853,075
26.4.202415:07:444711.205262,853,122
26.4.202415:07:474711.205262,853,169
26.4.202415:08:234511.205042,853,214
26.4.202415:08:264611.205152,853,260
26.4.202415:08:5112811.201,4342,853,388
26.4.202415:11:044811.205382,853,436
26.4.202415:11:464511.205042,853,481
26.4.202415:12:1436011.204,0322,853,841


37,981
422,2042,853,841

 
The Bank held 19,953,703 of own shares and SDRs prior to the transactions in week 17 and holds 22,927,691 own shares and SDRs by the end of week 17, The Bank currently holds 1.569% of issued shares in the Bank, Since the launch of the share buyback programme the Bank has bought in total 12,509,659 shares and 127,955 SDRs,

The repurchase under the Program will be divided between the Icelandic and Swedish markets, where up to 365,000 SDRs may be repurchased in Sweden, corresponding to 0.025% of the current issued capital, and where up to 17,885,000 shares may repurchased in Iceland, corresponding to 1.224% of the current issued capital (total 1.25% of the current issued capital), The total consideration for purchased SDRs shall furthermore not exceed ISK 50,000,000 in Sweden and ISK 2,450,000,000 for purchased shares in Iceland (ISK 2,500,000,000 total), The Program will end no later than 31 December 2024, The Bank retains the right to discontinue the Program at any time,
 
The Program is be 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,