Davide Campari-Milano N.V.

Transaction in Own Shares • Jul 12, 2017

Informazione Regolamentata n. 0530-44-2017		Data/Ora Ricezione 12 Luglio 2017 17:47:52	MTA
Societa'	:	DAVIDE CAMPARI - MILANO
Identificativo Informazione Regolamentata	:	91834
Nome utilizzatore	:	CAMPARINSS02 - Garavini
Tipologia	:	REGEM
Data/Ora Ricezione	:	12 Luglio 2017 17:47:52
Data/Ora Inizio Diffusione presunta	:	12 Luglio 2017 17:47:53
Oggetto	:	LAUNCH OF SHARE BUYBACK PLAN TO SERVICE THE STOCK OPTION PLAN
Testo del comunicato

Vedi allegato.

LAUNCH OF SHARE BUYBACK PLAN TO SERVICE THE STOCK OPTION PLAN

Sesto San Giovanni, 12 July 2017 - Davide Campari-Milano S.p.A. announces today the launch of a share buyback plan under art. 5 of (EU) Regulation no. 596/2014: buybacks are in execution of the resolution adopted by the Shareholders' meeting held on April 28th, 2017, authorizing the purchase and sale of own shares, which is intended to provide to meet the obligations under the Stock Option Plan for the management approved by the Shareholders' meeting.

Pursuant to the resolution adopted by the Shareholders' Meeting, details of the share buyback plan are shown below:

• authorization has been requested to purchase, on one or more occasions, ordinary shares of the Company with a par value of € 0.05. The shares acquired must not exceed the overall share capital limit according to article 2357 of the Italian Civil Code also taking into account the own shares already held by the Company;
• authorization has been granted until June 30th 2018;
• purchases of the Company's own shares will be carried out following the procedures explained in points b) and c) of article 144-bis of the Consob Issuer Regulation;
• buybacks will be made pursuant to (i) the combined provisions of art. 132 of Legislative Decree no. 58/1998 and of art. 5 of Regulation (EU) 596/2014, (ii) art. 144-bis of the Issuer Regulation, and (iii) the EU and national legislation on market abuse (including the Delegated Regulation (EU) 2016/1052) and (iv) accepted market practices, in accordance with the resolutions of the above Shareholders' meeting of April 28th, 2017, in the terms previously disclosed to the market. Specifically:
• (i) buybacks will be made on one or more occasions at a minimum unit price not lower than the official Stock Exchange price on the day before the purchase transaction, reduced by 20%, and at a maximum unit price not higher than the official Stock Exchange price on the day before the purchase transaction, increased by 10%
• (ii) the definition of volumes and unit purchase prices will be made in accordance with the conditions set out in art. 3 of Delegated Regulation (EU) 2016/1052; specifically, no shares will be purchased at a price higher than the higher between the price of the last independent trade and the price of the highest current independent bid on the trading venue where the purchase is carried out;
• The share buyback plan will be coordinated by EQUITA SIM. S.p.A.

Any subsequent changes to the above buyback plan will be promptly disclosed to the public by the Company in the manner and time limits of applicable law.

Davide Campari-Milano S.p.A. will disclosed to the market and Consob the transactions made, in the manner and time limits of applicable law. Specifically will be disclosed: 1) in detailed way: date, hour, volume and purchase price of each transaction; 2) in aggregated way: for each day, volume of own shares purchased and the weighted average price of the aggregated transactions.

FOR FURTHER INFORMATION

Investor Relations Tel. +39 02 6225 330 Email: investor.relations@campari.com