Festi Hf.: Buyback Program Week 38

2025-09-22 05:01:18

(MENAFN- GlobeNewsWire - Nasdaq) In week 38 2025, Festi purchased in total 140,000 own shares for total amount of 42,740,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
38	15.9.2025	14:00:58	40.000	307	12.280.000
38	16.9.2025	11:45:22	40.000	307	12.280.000
38	17.9.2025	15:10:53	30.000	303	9.090.000
38	18.9.2025	14:55:04	30.000	303	9.090.000
			140.000		42.740.000

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 2,031,226 own shares or 0.65% of issued shares. Festi has now bought in total 1,925,000 own shares for 577,450,000 ISK and holds today 2,171,226 own shares or 0.69% 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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