Transaction in Own Shares • Dec 19, 2016
Transaction in Own Shares
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| Informazione Regolamentata n. 0226-147-2016 |
Data/Ora Ricezione 19 Dicembre 2016 08:39:24 |
MTA - Star | ||
|---|---|---|---|---|
| Societa' | : | SABAF | ||
| Identificativo Informazione Regolamentata |
: | 83022 | ||
| Nome utilizzatore | : | SABAFN03 - Beschi | ||
| Tipologia | : | IROS 12 | ||
| Data/Ora Ricezione | : | 19 Dicembre 2016 08:39:24 | ||
| Data/Ora Inizio Diffusione presunta |
: | 19 Dicembre 2016 08:54:25 | ||
| Oggetto | : | Update on the execution of the buy-back programme |
||
| Testo del comunicato |
Vedi allegato.
Press release Ospitaletto, 19 December 2016
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 12 December 2016 and 16 December 2016 acquired no. 6,505 treasury shares at an average unit price of € 9.1126 per share, for a total amount of € 59,277.71.
Details of the transactions on a daily basis:
| Date | Number of shares purchased |
Average price per share (EUR) |
Countervalue (EUR) |
|---|---|---|---|
| 12 December 2016 | 697 | 9.0834 | 6,331.13 |
| 13 December 2016 | 1,350 | 9.1076 | 12,295.26 |
| 14 December 2016 | 1,150 | 9.0272 | 10,381.28 |
| 15 December 2016 | 1,515 | 9.0918 | 13,774.08 |
| 16 December 2016 | 1,793 | 9.2002 | 16,495.96 |
| Total | 6,505 | 9.1126 | 59,277.71 |
Following to such operations, Sabaf owns, as at 16 December 2016, no. 222,884 treasury shares, amounting to 1.933% 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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