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Ascopiave

Transaction in Own Shares Jul 8, 2019

4357_rns_2019-07-08_d969a11d-aa8a-417c-a980-1a073c7da1e2.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0887-59-2019
Data/Ora Ricezione
08 Luglio 2019
17:55:12
MTA - Star
Societa' : ASCOPIAVE
Identificativo
Informazione
Regolamentata
: 120525
Nome utilizzatore : ASCOPIAVEN02 - Bignucolo
Tipologia : 2.4
Data/Ora Ricezione : 08 Luglio 2019 17:55:12
Data/Ora Inizio
Diffusione presunta
: 08 Luglio 2019 17:55:13
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 26th April 2018, in the period between 01.07.2019 and 05.07.2019 no. 305,000 ordinary shares at an average price of Euro 3.8725 per share, for a total of Euro 1,181,106.50.

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)
01.07.2019 70,000 3.7770 264,390.00
02.07.2019 55,000 3.8268 210,474.00
03.07.2019 75,000 3.9176 293,820.00
04.07.2019 35,000 3.9337 137,679.50
05.07.2019 70,000 3.9249 274,743.00

Following these operations, Ascopiave now directly holds a total of no. 6,876,101 treasury shares, equal to 2.933% of the share capital.

During the last week, Ascopiave S.p.A. transfered to Anita S.r.l. n. 7,149,505 treasury shares in execution of the merger by incorporation of Unigas Distribuzione S.r.l. into Ascopiave S.p.A. as already announced to the market on 25th June 2019.

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 230 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, 08.07.2019

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