PRESS RELEASE

ASCOPIAVE: Report on the purchase of treasury shares

Ascopiave announces today that the Company purchased on the automated share market, pursuant to the resolution passed at the Shareholders' Meeting held on 23rd April 2019, in the period between 03.02.2020 and 07.02.2020 no. 412,372 ordinary shares at an average price of Euro 4.4986 per share, for a total of Euro 1,855,106.69.

On the basis of information provided by the intermediary appointed for the repurchase of the shares, the details of the purchases of treasury shares on the MTA (Mercato Telematico Azionario) on a daily basis are reported below:

Date

Number of ordinary

Average price

Consideration

shares purchased

(euro)

(euro)

03.02.2020

127,000

4.4533

565,569.10

04.02.2020

122,372

4.5091

551,787.59

05.02.2020

40,000

4.5244

180,976.00

06.02.2020

68,000

4.4815

304,742.00

07.02.2020

55,000

4.5824

252,032.00

Following these operations, Ascopiave now directly holds a total of no. 11,140,050 treasuary shares, equal to 4.752% of the share capital.

The Ascopiave Group is one of the leading operators in natural gas distribution in the country. The Group owns concessions and direct assignments for the management of activities in 268 towns, supplying services to about 775,000 inhabitants, through a network which spreads over 12,000 kilometres.

Ascopiave i also a partner of the Hera Group in the marketing of gas and electric power, through a participation of 48% in Estenergy, a leading operator in the field holding a portfolio of over 1 million sales contracts to end users, mainly in Veneto, Friuli Venezia-Giulia and Lombardy regions.

Ascopiave has been listed under the Star segment of Borsa Italiana since 12th December 2006.

Contact:

Community Group

Ascopiave

Giuliano Pasini

Tel. 0438 / 980098

Auro Palomba

Roberto Zava - Media Relator

Tel. 0422 / 416111

Cell. 335 / 1852403

Cell. 335 / 6085019

Giacomo Bignucolo - Investor Relator

Cell. 335 / 1311193

Pieve di Soligo, 10.02.2020

Attachments

  • Original document
  • Permalink

Disclaimer

ASCOPIAVE S.p.A. published this content on 10 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2020 18:22:01 UTC