In week 28 2022 Festi purchased in total 250,000 own shares for total amount of 53,050,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 28 | 4.7.2022 | 13:45:07 | 75.000 | 207 | 15.525.000 | 1.000.000 | 210.350.000 |
| 28 | 4.7.2022 | 14:31:14 | 75.000 | 207 | 15.525.000 | 1.075.000 | 225.875.000 |
| 28 | 8.7.2022 | 15:12:34 | 100.000 | 220 | 22.000.000 | 1.175.000 | 247.875.000 |
| 250.000 | 53.050.000 |
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.
Before the purchase Festi held no shares in the company. Festi has now bought in total 1,175,000 own shares for 247,875,000 ISK and holds today 1,175,000 own shares or 0.38% 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).
