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2022-08-15 10:35:44 CEST 2022-08-15 10:35:44 CEST REGULATED INFORMATION Festi hf. - Changes in company's own sharesFesti hf.: Buy-back programme week 32In week 32 2022 Festi purchased in total 550,000 own shares for total amount of 121,650,000 ISK as follows:
The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021. Before the purchase Festi held no shares in the company. Festi has now bought in total 4,290,000 own shares for 936,595,000 ISK and holds today 4,290,000 own shares or 1.37% 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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