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Sabaf

Transaction in Own Shares Jan 23, 2017

4440_rns_2017-01-23_1b765671-f1fd-40db-be95-1d64ce608e03.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-9-2017
Data/Ora Ricezione
23 Gennaio 2017
08:39:41
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 84174
Nome utilizzatore : SABAFN03 - Beschi
Tipologia : IROS 12
Data/Ora Ricezione : 23 Gennaio 2017 08:39:41
Data/Ora Inizio
Diffusione presunta
: 23 Gennaio 2017 08:54:42
Oggetto : Update on the execution of the buy-back
programme
Testo del comunicato

Vedi allegato.

Press release Ospitaletto, 23 January 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 16 January 2017 and 20 January 2017 acquired no. 10,264 treasury shares at an average unit price of € 10.6881 per share, for a total amount of € 109,702.88.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
16 January 2017 1,414 10.4426 14,765.84
17 January 2017 2,300 10.5104 24,173.92
18 January 2017 2,950 10.7800 31,801.00
19 January 2017 2,300 10.8244 24,896.12
20 January 2017 1,300 10.8200 14,066.00
Total 10,264 10.6881 109,702.88

Following to such operations, Sabaf owns, as at 20 January 2017, no. 263,173 treasury shares, amounting to 2.282% of the share capital.

For more information:

Investor Relations Press Office
Gianluca Beschi Power Emprise - tel. +39 02 39400100
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 1950s, SABAF has grown consistently over the years to become the key manufacturer in Italy – and one of the leading in the world – of components for kitchens and domestic gas cooking appliances.

There are four main production lines: 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 700 employees. It operates through its direct parent company Sabaf S.p.A. and the subsidiaries Faringosi Hinges (leader in the production of oven and dishwasher hinges), and Sabaf do Brasil, Sabaf Turkey and Sabaf China, which are active in production of burners for their regional markets

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