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Sabaf

Transaction in Own Shares Dec 27, 2016

4440_rpt_2016-12-27_bfb2730a-310b-4935-a633-b3ff140b38bd.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0226-151-2016
Data/Ora Ricezione
27 Dicembre 2016
08:37:54
MTA - Star
Societa' : SABAF
Identificativo
Informazione
Regolamentata
: 83385
Nome utilizzatore : SABAFN03 - Beschi
Tipologia : IROS 12
Data/Ora Ricezione : 27 Dicembre 2016 08:37:54
Data/Ora Inizio
Diffusione presunta
: 27 Dicembre 2016 08:52:55
Oggetto : programme Update on the execution of the buy-back
Testo del comunicato

Vedi allegato.

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 19 December 2016 and 23 December 2016 acquired no. 6,456 treasury shares at an average unit price of € 9.6275 per share, for a total amount of € 62,155.25.

Details of the transactions on a daily basis:

Date Number of
shares
purchased
Average price per share
(EUR)
Countervalue
(EUR)
19 December 2016 1,225 9.3673 11,474.94
20 December 2016 1,550 9.4226 14,605.03
21 December 2016 2,200 9.7218 21,387.96
22 December 2016 931 9.9211 9,236.54
23 December 2016 550 9.9105 5,450.78
Total 6,456 9.6275 62,155.25

Following to such operations, Sabaf owns, as at 23 December 2016, no. 229,340 treasury shares, amounting to 1.988% 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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