In week 33 2022 Festi purchased in total 600,000 own shares for total amount of 135,400,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 33 | 15.8.2022 | 11:39:49 | 75.000 | 226 | 16.950.000 | 4.365.000 | 953.545.000 |
| 33 | 15.8.2022 | 12:16:31 | 100.000 | 226 | 22.600.000 | 4.465.000 | 976.145.000 |
| 33 | 15.8.2022 | 14:38:16 | 50.000 | 226 | 11.300.000 | 4.515.000 | 987.445.000 |
| 33 | 16.8.2022 | 13:46:19 | 100.000 | 226 | 22.600.000 | 4.615.000 | 1.010.045.000 |
| 33 | 17.8.2022 | 13:20:32 | 100.000 | 226 | 22.600.000 | 4.715.000 | 1.032.645.000 |
| 33 | 18.8.2022 | 10:52:27 | 20.000 | 226 | 4.520.000 | 4.735.000 | 1.037.165.000 |
| 33 | 18.8.2022 | 11:51:15 | 55.000 | 226 | 12.430.000 | 4.790.000 | 1.049.595.000 |
| 33 | 18.8.2022 | 13:19:11 | 100.000 | 224 | 22.400.000 | 4.890.000 | 1.071.995.000 |
| 600.000 | 135.400.000 |
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 4,890,000 own shares for 1,071,995,000 ISK and holds today 4,890,000 own shares or 1.56% 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).
