Ascopiave

Transaction in Own Shares • Sep 2, 2019

Informazione Regolamentata n. 0887-80-2019		Data/Ora Ricezione 02 Settembre 2019 09:17:14	MTA - Star
Societa'	:	ASCOPIAVE S.P.A.
Identificativo Informazione Regolamentata	:	122145
Nome utilizzatore	:	ASCOPIAVEN02 - Bignucolo
Tipologia	:	2.4
Data/Ora Ricezione	:	02 Settembre 2019 09:17:14
Data/Ora Inizio Diffusione presunta	:	02 Settembre 2019 09:17:15
Oggetto	:		Report on the purchase of treasury shares
Testo del comunicato

Vedi allegato.

PRESS RELEASE

ASCOPIAVE: Report on the purchase of treasury shares

Ascopiave announces today that the Company purchased on the automated share market, pursuant to the resolution passed at the Shareholders' Meeting held on 23rd April 2019, in the period between 26.08.2019 and 30.08.2019 no. 175,500 ordinary shares at an average price of Euro 3.9763 per share, for a total of Euro 697,838.00.

On the basis of information provided by the intermediary appointed for the repurchase of the shares, the details of the purchases of treasury shares on the MTA (Mercato Telematico Azionario) on a daily basis are reported below:

Date	Number of ordinary shares purchased	Average price (euro)	Consideration (euro)
26.08.2019	27,000	3.9856	107,611.20
27.08.2019	53,500	3.9238	209,923.30
28.08.2019	30,000	3.9642	118,926.00
29.08.2019	50,000	4.0295	201,475.00
30.08.2019	15,000	3.9935	59,902.50

Following these operations, Ascopiave now directly holds a total of no. 8,306,604 treasury shares, equal to 3.544% of the share capital.

With reference to the press releases on the purchase of treasury shares issued on 13.05.2019, 20.05.2019, 27.05.2019, 03.06.2019, 11.06.2019, 17.06.2019, 24.06.2019, 08.07.2019, 16.07.2019, 22.07.2019, 29.07.2019, 09.08.2019, 19.08.2019 and 26.08.2019, Ascopiave S.p.A. remarks that the purchases have been executed in compliance with the new purchase and sale plan of treasury shares approved by Shareholders' Meeting of Ascopiave on 23rd April 2019, that replaces and revokes the previous plan authorised by the Shareholders' Meeting on 26th April 2018.

The Ascopiave Group operates in the natural gas sector, mainly in the segments of distribution and sale to end users.

Thanks to its broad customer base and the quantity of gas sold, Ascopiave is currently one of the main operators in the industry at a national level.

The Group owns concessions and direct assignments for the management of distribution activities in 228 Towns, supplying the service to a market segment of 1.5 million inhabitants, through a distribution network which spreads over 10,000 kilometres.

The sale of natural gas is performed through different companies, some under joint control. Overall, in 2018, the companies of the Group sold over 1 billion cubic metres of gas to end users.

Ascopiave has been listed under the Star segment of Borsa Italiana since 12 December 2006.

Contact:

Community Group Giuliano Pasini Auro Palomba Tel. 0422 / 416111 Cell. 335 / 6085019 Ascopiave Tel. 0438 / 980098 Roberto Zava - Media Relator Cell. 335 / 1852403 Giacomo Bignucolo - Investor Relator Cell. 335 / 1311193

Pieve di Soligo, 02.09.2019