SKEL fjárfestingafélag hf.: Buy-back programme week 37 - End of buy-back

    SKEL fjárfestingafélag hf.: Buy-back programme week 37 - End of buy-back 

In week 37 2023, SKEL fjárfestingafélag hf. purchased in total 5,410,243 own shares for total amount of 67,750,490 ISK as follows:

Date	Tími	Purchased Shares	Price	Purchase Price
11.9.2023	10:05:46	500,000	12.7	6,350,000
11.9.2023	11:04:02	500,000	12.6	6,300,000
11.9.2023	15:13:56	477,000	12.6	6,010,200
12.9.2023	09:30:40	500,000	12.6	6,300,000
12.9.2023	09:37:38	993,313	12.6	12,515,744
13.9.2023	09:35:57	1,000,000	12.6	12,600,000
13.9.2023	09:56:56	450,000	12.4	5,580,000
13.9.2023	14:38:41	58,000	12.5	725,000
14.9.2023	09:49:20	931,930	12.2	11,369,546
Total		5,410,243		67,750,490

The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase SKEL held 13,108,275 own shares. SKEL fjárfestingafélag hf. has now bought in total 18,518,518 own shares for 242,482,196 or 0.956% of issued shares. SKEL has now finished the buy-back programme.

This announcement of purchase of own shares is in accordance with the buy-back programme announced 12 July 2023 to Nasdaq OMX Iceland. The aim is to buy back own shares for the maximum amount of 18,518,518 shares or 0.956% of issued shares, the total amount of the buy-back however not exceeding 250,000,000 ISK in total purchase price.

For further information contact Magnús Ingi Einarsson, CFO of SKEL fjárfestingafélag hf., [e-mail].