In week 3 2022 Festi purchased in total 540,000 own shares for total amount of 126,495,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 3 | 17.1.2022 | 14:50:02 | 135.000 | 234 | 31.590.000 | 2.927.000 | 664.993.860 |
| 3 | 18.1.2022 | 09:34:12 | 135.000 | 234 | 31.590.000 | 3.062.000 | 696.583.860 |
| 3 | 19.1.2022 | 15:18:59 | 135.000 | 235 | 31.725.000 | 3.197.000 | 728.308.860 |
| 3 | 21.1.2022 | 09:31:33 | 135.000 | 234 | 31.590.000 | 3.332.000 | 759.898.860 |
| 540.000 | 126.495.000 |
Before the purchase Festi held 6,000,000 own shares or 1.85% of issued shares. Festi has now bought in total 3,332,000 own shares for 759,898,860 ISK and holds today 9,332,000 own shares or 2.88% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 14 December 2021 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.55% of the issued shares, with the cap of 1,200 million ISK purchase price.
The execution the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
