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Sabaf

Transaction in Own Shares Mar 19, 2018

4440_rns_2018-03-19_d3368b03-0408-484c-b1f3-1a989c2bd765.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-26-2018
Data/Ora Ricezione
19 Marzo 2018
08:37:54
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 100479
Nome utilizzatore : SABAFN03 - Beschi
Tipologia : 2.4
Data/Ora Ricezione : 19 Marzo 2018 08:37:54
Data/Ora Inizio
Diffusione presunta
: 19 Marzo 2018 08:37:55
Oggetto : programme Update on the execution of the buy-back
Testo del comunicato

Vedi allegato.

Press release Ospitaletto, 19 March 2018

Update on the execution of the buy-back programme

With reference to the buy-back programme approved by the shareholders on 5 May 2015, 28 April 2016 and 27 April 2017, and launched on 14 September 2015, Sabaf S.p.A. informs that in the period between 12 March 2018 and 16 March 2018 acquired no. 7,910 treasury shares at an average unit price of € 18.3995 per share, for a total amount of € 145,539.99.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
12 March 2018 2,167 17.9978 39,001.23
13 March 2018 2,293 18.6895 42,855.02
14 March 2018 1,700 18.6491 31,703.47
15 March 2018 350 18.4314 6,450.99
16 March 2018 1,400 18.2352 25,529.28
Total 7,910 18.3995 145,539.99

Following to such operations, Sabaf owns, as at 16 March 2018, no. 467,229 treasury shares, amounting to 4.051% of the share capital.

For more information:

Investor Relations Press Office
Gianluca Beschi Power Emprise - tel. +39 02 438114200
tel. +39 030 6843236 Talia Godino - +39 348 3499793
[email protected] [email protected]
www.sabaf.it Arnaldo Ragozzino - + 39 335 6978581
[email protected]

Founded in the early fifties, SABAF has grown consistently over the years to become the key manufacturer in Italy – and one of the leading producers in the world – of components for kitchens and domestic gas cooking appliances.

There are four main lines of production: valves, thermostats and burners for gas cooking appliances and hinges for ovens, washing machines and dishwashers.

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 800 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, leader in the production of oven hinges.

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