Transactions in relation to a share buyback programme - week 22

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In week 22, Marel hf. purchased 1,185,468 of its own shares in Nasdaq Iceland, at the purchase price of ISK 841,209,936. See further details below:

Date

Time

No. of shares bought

Share price ISK
(rate)

Purchase price (ISK)

25.5.2020

13:38

  100.000 

  711 

  71.100.000 

25.5.2020

14:54

  30.000 

  714 

  21.420.000 

26.5.2020

10:24

  25.000 

  730 

  18.250.000 

26.5.2020

10:25

  30.964 

  730 

  22.603.720 

26.5.2020

11:40

  50.000 

  728 

  36.400.000 

26.5.2020

13:45

  9.109 

  720 

  6.558.480 

26.5.2020

13:54

  50.000 

  723 

  36.150.000 

26.5.2020

14:15

  5.891 

  720 

  4.241.520 

26.5.2020

15:01

  10.000 

  720 

  7.200.000 

26.5.2020

15:16

  20.000 

  718 

  14.360.000 

26.5.2020

15:17

  50.000 

  718 

  35.900.000 

26.5.2020

15:21

  50.000 

  718 

  35.900.000 

27.5.2020

09:34

  50.000 

  718 

  35.900.000 

27.5.2020

09:40

  37.480 

  718 

  26.910.640 

27.5.2020

09:47

  50.000 

  718 

  35.900.000 

27.5.2020

09:52

  50.000 

  716 

  35.800.000 

27.5.2020

09:53

  50.000 

  714 

  35.700.000 

27.5.2020

10:05

  50.000 

  714 

  35.700.000 

27.5.2020

10:18

  25.000 

  714 

  17.850.000 

27.5.2020

14:59

  200 

  713 

  142.600 

27.5.2020

15:10

  1.072 

  713 

  764.336 

28.5.2020

09:34

  10.000 

  702 

  7.020.000 

28.5.2020

09:41

  2.860 

  700 

  2.002.000 

28.5.2020

09:42

  7.140 

  700 

  4.998.000 

28.5.2020

09:49

  50.000 

  703 

  35.150.000 

28.5.2020

10:27

  50.000 

  703 

  35.150.000 

28.5.2020

10:46

  100.000 

  703 

  70.300.000 

28.5.2020

10:54

  25.000 

  700 

  17.500.000 

28.5.2020

11:05

  1.040 

  700 

  728.000 

28.5.2020

11:09

  500 

  700 

  350.000 

28.5.2020

11:14

  18.460 

  700 

  12.922.000 

28.5.2020

11:20

  45.000 

  695 

  31.275.000 

28.5.2020

11:51

  3.470 

  695 

  2.411.650 

28.5.2020

13:22

  282 

  695 

  195.990 

29.5.2020

09:34

  50.000 

  682,5 

  34.125.000 

29.5.2020

09:43

  50.000 

  679 

  33.950.000 

29.5.2020

10:06

  15.000 

  679 

  10.185.000 

29.5.2020

11:13

  12.000 

  683 

  8.196.000 

Total

 

  1,185,468

 

  841,209,936

The trade is in accordance with Marel’s buyback programme, announced on Nasdaq Iceland on 10 March 2020, and based on the authorisation of Marel hf.´s Annual General Meeting regarding the purchase of own shares on 6 March 2019, as renewed at Marel hf.’s Annual General Meeting on 18 March 2020.

Marel hf. held 19,832,499 own shares prior to the notified transactions and held 21,017,967 own shares after them, or the equivalent of 2.73% of issued shares in the company.

Marel hf. has purchased a total of 12,269,153 own shares under the buyback programme, which corresponds to 1.59% of issued shares in the company, for a total purchase price of ISK 7,176,958,341.

Buybacks under the programme will amount to a maximum of 25,000,000 shares, or the equivalent of 3.2% of issued shares. The buyback programme is in effect from 11 March 2020 until and including 4 September 2020.

The buyback programme is executed in accordance with Chapter VIII. of the Icelandic Act No. 2/1995 on Public Limited Companies, the Icelandic Act on Securities Transactions No. 108/2007, Chapter II of the Annex to Icelandic Regulation No. 630/2005 on Inside Information and Market Abuse, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse ("MAR"), and the Commission’s delegated regulation 2016/1052.

Investor Relations

For further information, please contact Marel Investor Relations via email IR@marel.com and tel. +354 563 8001.

About Marel

Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software and services to the poultry, meat and fish industries. Our united team of 6,300 employees in over 30 countries delivered around EUR 1.3 billion in revenues in 2019. Annually, Marel invests around 6% of revenues in innovation. By continuously transforming food processing, we enable our customers to increase yield and throughput, ensure food safety and improve sustainability in food production. Marel was listed on NASDAQ Iceland in 1992 and dual-listed on Euronext Amsterdam in June 2019.


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