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Sabaf

Transaction in Own Shares Jan 16, 2017

4440_rpt_2017-01-16_bbc0a5d9-f9e1-430a-adc9-cbba9d00c68c.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-7-2017
Data/Ora Ricezione
16 Gennaio 2017
08:45:26
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 83938
Nome utilizzatore : SABAFN03 - Beschi
Tipologia : IROS 12
Data/Ora Ricezione : 16 Gennaio 2017 08:45:26
Data/Ora Inizio
Diffusione presunta
: 16 Gennaio 2017 09:00:27
Oggetto : Update on the execution of the buy-back
programme
Testo del comunicato

Vedi allegato.

Press release Ospitaletto, 16 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 9 January 2017 and 13 January 2017 acquired no. 7,341 treasury shares at an average unit price of € 10.3336 per share, for a total amount of € 75,859.04.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
9 January 2017 2,800 10.2809 28,786.52
10 January 2017 600 10.2542 6,152.52
11 January 2017 980 10.4088 10,200.62
12 January 2017 1,600 10.3503 16,560.48
13 January 2017 1,361 10.4033 14,158.89
Total 7,341 10.3336 75,859.04

Following to such operations, Sabaf owns, as at 13 January 2017, no. 252,909 treasury shares, amounting to 2.193% 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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