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Sabaf

Transaction in Own Shares Feb 27, 2017

4440_rns_2017-02-27_63cb0687-958b-4988-8693-25cbd573db8d.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-24-2017
Data/Ora Ricezione
27 Febbraio 2017
08:44:34
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 85459
Nome utilizzatore : SABAFN03 - Beschi
Tipologia : IROS 12
Data/Ora Ricezione : 27 Febbraio 2017 08:44:34
Data/Ora Inizio
Diffusione presunta
: 27 Febbraio 2017 08:59:35
Oggetto : programme Update on the execution of the buy-back
Testo del comunicato

Vedi allegato.

Press release Ospitaletto, 27 February 2017

Update on the execution of the buy-back programme

With reference to the buy-back programme approved by the shareholders on 5 May 2015 and launched on 14 September 2015, Sabaf S.p.A. informs that in the period between 20 February 2017 and 24 February 2017 acquired no. 4,933 treasury shares at an average unit price of € 10.6246 per share, for a total amount of € 52,411.23.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
20 February 2017 1,333 10.6361 14,177.92
21 February 2017 1,200 10.6378 12,765.36
22 February 2017 650 10.6438 6,918.47
23 February 2017 1,200 10.5954 12,714.48
24 February 2017 550 10.6091 5,835.00
Total 4,933 10.6246 52,411.23

Following to such operations, Sabaf owns, as at 24 February 2017, no. 285,880 treasury shares, amounting to 2.479% of the share capital.

For more information:

Investor Relations Press Office
Gianluca Beschi Power Emprise - tel. +39 02 438114200
tel. +39 030 6843236 Cosimo Pastore – +39 335 213305
[email protected] [email protected]
www.sabaf.it Jenny Giuliani - +39 349 2408123
[email protected]
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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