Skip to main content
Festi logo

Festi — Investor Relations & Filings

Ticker · FESTI ISIN · IS0000020584 LEI · 5493005OLOCYXGTC7E83 IC Wholesale and retail trade
Open in API
Filings indexed 1,120 across all filing types
Latest filing 2024-12-05 Board/Management Inform…
Country IS Iceland
Listing IC FESTI

About Festi

https://www.festi.is/en

Festi is a holding company that owns and operates a diverse portfolio of leading retail and service businesses. The company's role is to drive investments, support value creation, and create new opportunities for its subsidiaries. Its operations span several key sectors through its operating companies. In retail, these include Krónan, a low-cost grocery chain; ELKO, a major electronics retailer; and Lyfja, a pharmacy chain. In the energy and services sector, the group operates N1, which provides fuel, electricity, and convenience services. The portfolio is further supported by Bakkinn vöruhótel, specializing in warehousing and logistics, and Yrkir eignir, which manages and develops the group's real estate assets. Through these entities, Festi provides a wide range of essential goods and services to both individuals and businesses.

Recent filings

Filing Released Lang Actions
Festi hf.: Breyting á framkvæmdastjórn
Board/Management Information Classification · 1% confidence The document is an official announcement from Festi hf. regarding changes to its executive management team, specifically the appointment of a new Managing Director for N1 and an Assistant Managing Director. This falls directly under the category of board and management information changes.
2024-12-05 Icelandic
Festi hf.: Changes in Festi‘s Executive Management
Board/Management Information Classification · 1% confidence The document is an official announcement regarding changes in the executive management team of Festi hf., specifically the appointment of a new Managing Director for N1 and a Deputy Managing Director. This content directly matches the definition for Board/Management Information (MANG).
2024-12-05 English
Festi hf.: Óskuldbindandi tilboð hafa borist í Olíudreifingu ehf.
M&A Activity Classification · 1% confidence The document is an announcement from Festi hf. regarding the receipt of non-binding offers for its subsidiary, Olíudreifingu ehf. This relates to an ongoing divestment or M&A process. Since it describes the status of a potential sale/takeover process rather than a final merger agreement or a simple report publication notice, it falls under M&A Activity (TAR).
2024-12-03 Icelandic
Festi hf.: Non-binding offers received for Olíudreifing ehf.
M&A Activity Classification · 1% confidence The document is an announcement regarding the ongoing sales process of a subsidiary (Olíudreifing ehf.) by Festi hf. It details the receipt of non-binding offers and the next steps in the transaction process. This falls under M&A activity (mergers, acquisitions, or divestitures).
2024-12-03 English
SáttFestiogSamkeppniseftirlitsins28112024.pdf
Legal Proceedings Report Classification · 1% confidence The document is a formal settlement agreement ('Sátt') between Festi hf. and the Icelandic Competition Authority ('Samkeppniseftirlitið') regarding breaches of previous competition commitments and regulatory reporting obligations. It details specific legal violations, admissions of guilt, and a financial penalty (administrative fine). As this document pertains to regulatory enforcement, legal proceedings, and the resolution of a competition investigation, it falls under the 'Legal Proceedings Report' category.
2024-11-28 Icelandic
Festi hf.: Sátt við Samkeppniseftirlitið sem felur í sér viðurkenningu brota á sátt og greiðslu á sekt
Regulatory Filings Classification · 1% confidence The document is an official announcement from Festi hf. regarding a settlement with the Icelandic Competition Authority (Samkeppniseftirlitið) involving a fine and an admission of regulatory breaches. It details the nature of the legal settlement, the financial impact (a 750 million ISK fine), and the resulting adjustment to the company's EBITDA guidance for 2024. While it mentions financial figures, it is primarily a disclosure of a legal/regulatory outcome and its impact on the company's outlook, fitting the 'Legal Proceedings Report' category as it concerns regulatory actions and legal settlements.
2024-11-28 Icelandic

Report missing filing

Can't find a specific document? Let us know and we'll add it within 24 hours.

We will notify you once the filing is added.
Report sent
Thank you. We will check the data and update it shortly.