Transactions in relation to a share buy-back program: Week 1

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In week 1, Marel hf. purchased 851,112 of its own shares, at the purchase price of ISK 314,603,842 kr. See further details below:

 Date  Time  No. of shares bought  Share price (rate)  Purchase price (ISK)
 2.1.2019  09:32:42  100.000  368,00  36.800.000
 2.1.2019  12:58:08  63.745  370,00  23.585.650
 2.1.2019  12:58:36  19.959  371,00  7.404.789
 2.1.2019  12:58:50  77.541  371,00  28.767.711
 2.1.2019  13:29:42  22.459  373,50  8.388.436
 3.1.2019  09:37:18  283.704  374,00  106.105.296
 4.1.2019  09:48:25  282.704  365,00  103.186.960
 4.1.2019  09:51:00  1.000  365,00  365.000
 Totals    851.112    314.603.842


The trade is in accordance with Marel’s buy-back program, 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 10,762,406 own shares prior to the notified transactions and holds 11,613,518 own shares after them, or the equivalent of 1.70% of issued shares in the company.

Marel hf. has purchased a total of 4,922,968 own shares under the buy-back program, which corresponds to 0.72% of issued shares in the company, for a total purchase price of ISK 1,865,044,969.

Buy-backs under the program will amount to a maximum of 17,305,940 million shares, or the equivalent of 2.5% of issued shares. The buy-back program is in effect from 4 December 2018 until and including 5 March 2019.

The buy-back program 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.

Investor relations

For further information, please contact Tinna Molphy or Marinó Thór Jakobsson via email IR@marel.com or tel. +354 563 8001.



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