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Sabaf

Transaction in Own Shares Apr 20, 2020

4440_rpt_2020-04-20_2a35c214-b508-4eff-aaa5-70b452a06029.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-45-2020
Data/Ora Ricezione
20 Aprile 2020 09:01:34
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 130959
Nome utilizzatore : SABAFN02 - Beschi
Tipologia : 2.4
Data/Ora Ricezione : 20 Aprile 2020 09:01:34
Data/Ora Inizio
Diffusione presunta
: 20 Aprile 2020 09:01:35
Oggetto : programme Update on the execution of the buy-back
Testo del comunicato

Vedi allegato.

Press release Ospitaletto (BS), 20 April 2020

Update on the execution of the buy-back programme

With reference to the buy-back programme approved by the shareholders on 7 May 2019, and launched on 28 January 2020, Sabaf S.p.A. informs that in the period between 14 April 2020 and 17 April 2020 acquired no. 4,346 treasury shares at an average unit price of € 10.1142 per share, for a total amount of € 43,956.42.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
14 April 2020 1,314 10.2761 13,502.80
15 April 2020 1,200 10.1396 12,167.52
16 April 2020 1,442 9.9380 14,330.60
17 April 2020 390 10,.423 3,955.50
Total 4,346 10.1142 43,956.42

Following to such operations, Sabaf owns, as at 17 April 2020, no. 241,753 treasury shares, amounting to 2.096% of the share capital.

For further information:
Investor Relations Media relations
Gianluca Beschi Talia Godino - +39 348 3499793
Tel: +39 030 6843236 [email protected]
[email protected] Pietro Cobor - +39 3357184166
www.sabaf.it [email protected]
Arnaldo Ragozzino - + 39 335 6978581
[email protected]

Founded in the early fifties, SABAF has grown consistently over the years to become one of the leading producers in the world – of components for household appliances.

There are three main lines of production: components for gas cooking (valves and burners), hinges and electronic components. Technological expertise, manufacturing flexibility, and the ability to offer a vast range of components – tailor-made to meet the requirements of individual manufacturers of cookers and built-in hobs and ovens and in line with the specific characteristics of its core markets – are Sabaf's key strengths in a sector featuring major specialisation, constantly evolving demand and an ever-increasing orientation towards products assuring total reliability and safety.

The Sabaf Group has more than 1,000 employees. It operates through its parent company SABAF S.p.A. and the subsidiaries Sabaf do Brasil, Sabaf Turkey and Sabaf China, active in the production of domestic burners, A.R.C., which produces burners for professional cooking, and Faringosi Hinges and C.M.I., leader in the production of oven hinges and dishwashers and Okida, active in the sector of electronic components for household appliances.

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