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Piquadro

Transaction in Own Shares May 22, 2023

4279_rns_2023-05-22_c9a71aea-08c3-4cdd-959d-9aaf9a653930.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0955-55-2023
Data/Ora Ricezione
22 Maggio 2023
11:34:15
Euronext Milan
Societa' : PIQUADRO
Identificativo
Informazione
Regolamentata
: 177337
Nome utilizzatore : PIQUADRON01 - Trotta
Tipologia : 2.4
Data/Ora Ricezione : 22 Maggio 2023 11:34:15
Data/Ora Inizio
Diffusione presunta
: 22 Maggio 2023 11:34:17
Oggetto : REPORT ON THE TREASURY SHARES
BUY-BACK PLAN OF PIQUADRO S.P.A.
Testo del comunicato

Vedi allegato.

Press release

REPORT ON THE TREASURY SHARES BUY-BACK PLAN OF PIQUADRO S.P.A.

Silla di Gaggio Montano (BO), May 22, 2023. With reference to treasury shares buy-back plan, Piquadro S.p.A. hereby announces that, during the period from May 15th to May 19th, 2023, it purchased no. 6,619 treasury shares for a total consideration of 12,334.41 Euro, as authorized by the shareholders' meeting on July 25th, 2022, already disclosed pursuant to Art. 144-bis of Consob Regulation no. 11971/1999.

Date Number of ordinary
shares purchased
Average price (Euro) Consideration
(Euro)
05/15/2023 1,650 1.8316 3,022.14
05/16/2023 1,700 1.8426 3,132.42
05/17/2023 1,536 1.8669 2,867.56
05/18/2023 1,400 1.9128 2,677.92
05/19/2023 333 1.9050 634.37
Total 6,619 1.8635 12,334.41

Details of the daily transactions on the Euronext Milan are as follows:

Following the above purchases and considering the treasury shares already in portfolio, as of May 19th, 2023 Piquadro S.p.A. holds no. 1,930,176 treasury shares, equal to 3.8604% of the share capital.

Piquadro Group

The Piquadro Group operates in the sector of leather accessories through the Piquadro, The Bridge and Lancel brands. Cornerstones for the three brands is attention to details and the quality of the workmanship as well as the leather but the Piquadro product stands out for its innovative design and technological content, while The Bridge emphasizes the vintage flavor of Tuscan craftsmanship and finally the Lancel collections embody the Parisian allure of a fashion house founded in 1876.The origins of the Group date back to 1987 when Marco Palmieri, now President and Chief Executive Officer, founded his company near Bologna, where it is still headquartered. The distribution network extends over 50 countries around the world and counts 175 stores including 81 Piquadro boutiques (53 in Italy and 28 abroad including 48 DOS directly operated stores and 33 franchised stores), 13 The Bridge boutiques (13 in Italy including 11 DOS directly operated stores and 2 franchised) and 81 Lancel boutiques (61 in France and 20 abroad, of which 74 DOS directly operated stores and 7 franchised). The Group's consolidated turnover for the year 2022/2023 ended on March 31, 2023, is equal to € 175.6 million.

Piquadro S.p.A. has been listed on the Italian Stock Exchange since October 2007.

Piquadro S.p.A. Piquadro S.p.A. Media Relations CFO & Investor relator Paola Di Giuseppe Roberto Trotta Tel +39 02 37052501 Tel +39 0534 409001 [email protected] [email protected]

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