Festi Hf.: Buyback Program Week 37

2025-09-15 04:31:13

(MENAFN- GlobeNewsWire - Nasdaq) In week 37 2025, Festi purchased in total 130,000 own shares for total amount of 39,600,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
37	8.9.2025	13:16:34	50.000	305	15.250.000
37	9.9.2025	13:36:29	30.000	305	9.150.000
37	10.9.2025	13:43:37	50.000	304	15.200.000
			130.000		39.600.000

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 1,901,226 own shares or 0.61% of issued shares. Festi has now bought in total 1,785,000 own shares for 534,710,000 ISK and holds today 2,031,226 own shares or 0.65% 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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