Transaction in Own Shares • Nov 7, 2022
Transaction in Own Shares
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Bologna, 07 November 2022 – Marzocchi Pompe S.p.A. (EGM:MARP), a leading company in the design, production and marketing of high-performance gear pumps and motors, in compliance with the disclosure requirements provided for by art. 17 of the Euronext Growth Milan Issuers' Regulations, hereby announces that, as part of the programme for the purchase and disposal of treasury shares, approved by the Shareholders' Meeting on 30 April 2021 and initiated by the Board of Directors on 22 November 2021 (for a period of 18 months from the date of approval by the Shareholders' Meeting), in the period between 17 and 31 October 2022 inclusive it issued purchase orders, executed by Integrae SIM S.p.A, as the intermediary appointed to carry out the transaction, for a total of 250 shares, purchased at a weighted average price of €4.40 per share and therefore for a total countervalue of €1,100, in compliance with the applicable provisions of law and regulations and in accordance with the terms, conditions and terms contained in the authorisation to purchase and dispose of treasury shares, granted by the Ordinary Shareholders' Meeting.
Following these transactions, and upon conclusion of the aforementioned purchase and disposal programme, Marzocchi Pompe holds, as at 7 November 2022, a total of 25,750 treasury shares, equal to 0.393% of the share capital.
The following chart provides details of the purchases made in the above-mentioned period:
| Period | Quantity | Weighted Average Price (€) |
Total Value (€) |
|---|---|---|---|
| 18 months | |||
| (01.05.2021- | 25,750 | 4.48 | 115,288 |
| 31.10.2022) |
***
This press release is available on the website www.marzocchipompe.com in the "Investor Relations" section and on .it.
Marzocchi Pompe is a leading company in the design, production and marketing of high performance gear pumps and motors, which find application in various fields: industrial, mobile and automotive. It closed 2021 with more than €40 million in sales revenue. Founded in 1949, it is controlled by the Marzocchi family, which holds the majority of shares and is represented in the company by Paolo Marzocchi, Chairman, and his son Carlo, Deputy Chairman. The shareholding structure also includes CEO Gabriele Bonfiglioli and four other managers. Production is carried out entirely in Italy at the two sites in Casalecchio di Reno (BO) and Zola Predosa (BO). Marzocchi Pompe is present in over 50 countries through an international distribution network.
Marzocchi Pompe S.p.A. Integrae SIM S.p.A. – Euronext Growth Advisor
Gabriele Bonfiglioli, CEO & IR [email protected] Francesco D'Antonio [email protected] Diego Carmignani [email protected]
CDR Communication – Investor Relations e Media Relations Paola Buratti (IR) [email protected] Martina Zuccherini (Media) [email protected]
MARZOCCHI POMPE S.P.A.– Direzione e Coordinamento di ABBEY ROAD S.R.L. Via A. Grazia, 2 – 40069 Zola Predosa (Bo) Italy – Tel (+39) 051/6137511 Fax (+39) 051/592083 Nr. M. Bo 047739 – N.REA 422251 – Registro Imprese /Cod. Fisc. 03285900969 – P.IVA IT 03285900969 – C.S. Euro 6.538.750,00 i.v. e-mail: [email protected] - Web: www.marzocchipompe.com
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