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This newsfeed is a compilation of current news from direct connections of TopTier NewsWire services related to listed companies. This feed is for demonstration purposes only. Sector-specific news, public relations and product information can be accessed via the GICS portals > Sector Intelligence section.

IS0000020584
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FIGI: BBG005PFZ1W1
FESTI

Festi hf
GICS: Consumer Discretionary · SECTOR: EQTY · SUB-SECTOR: Retail · THEMEFOLIO: $TF-76
NAME
Festi hf
ISIN
IS0000020584
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FESTI
Thu, 26.09.2024       Festi

In Festi's announcement, dated 10 April 2024, it was announced that the company and Olís, a subsidiary of Hagar, had reached an agreement to begin preparations for the sale of the companies' shares in Olíudreifing ehf. ("Olíudreifing")....
Mon, 16.09.2024       Festi

Please see attached major shareholder announcement....
Thu, 01.08.2024       Festi

Festi hf. published its Q2 2024 results after market closing on 31 July 2024....
Wed, 31.07.2024       Festi

Wed, 10.07.2024       Festi

On 10 July 2024 the closing between Festi and SID ehf. occurred regarding Festi's acquisition of all shares in Lyfja hf. In connection with this closing, the board of directors of Festi has resolved to exercise its authorization under Article 5, Paragraph 5 of the company's articles of association to increase the company’s share capital in order to...
Wed, 10.07.2024       Festi

Today, payment of the purchase price for the entire share capital of Lyfja hf. to the seller was completed and the company has thereby become part of the Festi Group. As previously announced, Festi signed an agreement for the acquisition of the entire share capital of Lyfja hf. on July 13, 2023. On June 14, 2024, Festi and the Icelandic Competition...
Tue, 09.07.2024       Festi

Sjá hjálagða flöggunartilkynningu. ...
Fri, 05.07.2024       Festi

Please see attached major shareholder announcement....
Thu, 27.06.2024       Festi

Festi og Ýmir Örn Finnbogason hafa komist að samkomulagi um að hann láti af störfum sem framkvæmdastjóri N1 frá deginum í dag en hann stígur um leið út úr framkvæmdastjórn Festi. Ýmir Örn hefur starfað sem framkvæmdastjóri N1 frá júní 2023. Ásta S. Fjeldsted, forstjóri Festi, mun gegna starfi framkvæmdastjóra N1, þar til nýr aðili verður ráðinn en...
Fri, 14.06.2024       Festi

Festi and the Icelandic Competition Authority (the “ICA”) have signed a settlement regarding Festi’s acquisition of all shares in Lyfja hf. Thus, the merger has been approved by the ICA. The settlement provides for remedies that will effectively preserve and promote active competition in the markets affected by the merger and remove the competitive...
Silent Ad
Tue, 14.05.2024       Festi

The Icelandic Competition Authority has agreed to Festi’s request that the deadline for investigating the competitive effects of Festi’s acquisition of all shares in Lyfja hf. will be extended by twenty (20) working days from 21 May 2024. Accordingly, the Competition Authority’s deadline to complete the investigation is 19 June 2024 at the latest....
Thu, 02.05.2024       Festi

At the Annual General Meeting of Festi, held on 6 March 2024, the Board of Directors was authorized to approve a share option scheme and to enter into share option agreements with permanent employees of the Group, in compliance with Article 10 of the Income Tax Act No. 90/2003. Share option agreements have now been concluded with employees in accor...