Transaction in Own Shares • Oct 2, 2017
Transaction in Own Shares
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| Informazione Regolamentata n. 0226-82-2017 |
Data/Ora Ricezione 02 Ottobre 2017 08:49:27 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | SABAF | |
| Identificativo Informazione Regolamentata |
: | 94298 | |
| Nome utilizzatore | : | SABAFN03 - Beschi | |
| Tipologia | : | 2.4 | |
| Data/Ora Ricezione | : | 02 Ottobre 2017 08:49:27 | |
| Data/Ora Inizio Diffusione presunta |
: | 02 Ottobre 2017 08:49:28 | |
| Oggetto | : | programme | Update on the execution of the buy-back |
| Testo del comunicato |
Vedi allegato.
Press release Ospitaletto, 2 October 2017
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 25 September 2017 and 29 September 2017 acquired no. 8,500 treasury shares at an average unit price of € 19.6328 per share, for a total amount of € 166,879.00.
Details of the transactions on a daily basis:
| Date | Number of shares purchased |
Average price per share (EUR) |
Countervalue (EUR) |
|---|---|---|---|
| 25 September 2017 | 2,500 | 19.4830 | 48,707.50 |
| 26 September 2017 | 2,500 | 19.5610 | 48,902.50 |
| 27 September 2017 | 2,500 | 19.7076 | 49,269.00 |
| 28 September 2017 | 1,000 | 20.0000 | 20,000.00 |
| Total | 8,500 | 19.6328 | 166,879.00 |
Following to such operations, Sabaf owns, as at 29 September 2017, no. 376,111 treasury shares, amounting to 3.261% of the share capital.
For more information:
| Investor Relations | Press Office |
|---|---|
| Gianluca Beschi | Power Emprise - tel. +39 02 438114200 |
| tel. +39 030 6843236 | Jenny Giuliani - +39 349 2408123 |
| [email protected] | [email protected] |
| www.sabaf.it | Erminia Cannistrà - +39 340 8684279 |
| [email protected] | |
| 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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