Festi Hf.: Buyback Program Week 35

2025-09-01 04:46:17

(MENAFN- GlobeNewsWire - Nasdaq) In week 35 2025, Festi purchased in total 170,000 own shares for total amount of 50,595,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
35	25.8.2025	13:16:58	40.000	301,00	12.040.000
35	26.8.2025	13:54:46	40.000	299,00	11.960.000
35	27.8.2025	10:10:31	30.000	297,00	8.910.000
35	28.8.2025	13:47:33	30.000	296,50	8.895.000
35	29.8.2025	10:28:29	30.000	293,00	8.790.000
			170.000		50.595.000

The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase Festi held 1,561,226 own shares or 0.5% of issued shares. Festi has now bought in total 1,485,000 own shares for 443,670,000 ISK and holds today 1,731,226 own shares or 0.55% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 800 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (... ).

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