01/03/19 Updated 19/03/19

Transactions in relation to a share buyback programme: week 9

Notification of purchase of own shares under buyback programme

In week 9, Marel hf. purchased 1,418,520 of its own shares, at the purchase price of ISK 692,946,570. See further details below:

Date

Time

No. of shares bought

Share price
(rate)

Purchase price (ISK)

25.2.2019

09:37:45

120.000

478,00

57.360.000

25.2.2019

09:45:03

50.000

478,00

23.900.000

25.2.2019

10:05:09

75.000

478,00

35.850.000

25.2.2019

12:42:38

10.506

483,00

5.074.398

25.2.2019

12:42:38

28.198

483,00

13.619.634

26.2.2019

10:03:19

15.000

487,00

7.305.000

26.2.2019

10:06:05

15.000

490,25

7.353.750

26.2.2019

10:07:23

75.000

490,25

36.768.750

26.2.2019

11:04:42

40.000

490,25

19.610.000

26.2.2019

13:27:45

1.000

487,00

487.000

26.2.2019

13:28:19

140

487,00

68.180

26.2.2019

13:44:52

1.002

487,00

487.974

26.2.2019

13:44:53

3.000

487,00

1.461.000

26.2.2019

14:03:23

59.001

490,00

28.910.490

26.2.2019

14:04:46

40.000

490,00

19.600.000

26.2.2019

14:53:50

1.180

490,00

578.200

26.2.2019

15:01:50

33.381

490,00

16.356.690

27.2.2019

09:31:33

131.000

490,00

64.190.000

27.2.2019

10:21:17

100.000

490,00

49.000.000

27.2.2019

10:23:48

12.600

490,00

6.174.000

27.2.2019

10:24:18

20.400

490,00

9.996.000

27.2.2019

10:30:12

19.704

490,00

9.654.960

28.2.2019

12:25:31

45.511

490,00

22.300.390

28.2.2019

12:25:31

84.300

490,00

41.307.000

28.2.2019

12:54:37

9.750

491,00

4.787.250

28.2.2019

12:54:37

100.000

491,00

49.100.000

28.2.2019

14:54:11

8.075

493,00

3.980.975

28.2.2019

14:54:11

5.300

493,00

2.612.900

28.2.2019

15:06:30

30.768

490,50

15.091.704

1.3.2019

10:44:15

20.000

493,00

9.860.000

1.3.2019

10:45:13

4.329

493,00

2.134.197

1.3.2019

10:45:27

49.000

493,00

24.157.000

1.3.2019

11:35:08

25.000

490,00

12.250.000

1.3.2019

13:18:00

5.700

490,00

2.793.000

1.3.2019

14:13:35

1.520

491,50

747.080

1.3.2019

14:26:37

50.000

493,00

24.650.000

1.3.2019

14:26:37

85

493,00

41.905

1.3.2019

14:30:36

6.944

494,00

3.430.336

1.3.2019

14:34:42

80.156

494,50

39.637.142

1.3.2019

14:47:36

1.603

494,50

792.684

1.3.2019

14:57:00

500

494,50

247.250

1.3.2019

14:58:33

12.879

494,50

6.368.666

1.3.2019

15:02:18

4.784

494,50

2.365.688

1.3.2019

15:13:25

21.126

494,50

10.446.807

1.3.2019

15:13:25

78

494,50

38.571

Total

 

1,418,520

 

692,946,570

The trade is in accordance with Marel’s buyback programme, announced by Nasdaq Iceland on 3 December 2018, and based on the authorisation of a shareholders’ meeting of Marel hf. on 22 November 2018.

Marel hf. held 20,871,891 own shares prior to the notified transactions and holds 22,290,411 own shares after them, or the equivalent of 3.27% of issued shares in the company.

Marel hf. has purchased a total of 15,599,861 own shares under the buyback programme, which corresponds to 2.29% of issued shares in the company, for a total purchase price of ISK 6,389,510,740.

Buybacks under the programme will amount to a maximum of 17,305,940 million shares, or the equivalent of 2.5% of issued shares. The buyback programme is in effect from 4 December 2018 until and including 5 March 2019.

The buyback programme was executed in accordance with Chapter VIII. of Act No. 2/1995 on Public Limited Companies and Chapter II of the Annex to Regulation No. 630/2005 on Inside Information and Market Abuse, “Trade in own shares under buy-back programmes and the stabilisation of financial instruments”, with later amendments.

Further information:

Tinna Molphy, Manager in Investor Relations, and Marino Þór Jakobsson, Investor Relations Analyst via IR@marel.com or tel: (+354) 563 8001.