Ascopiave S p A : Report on the purchase of treasury shares
February 24, 2020 at 03:48 pm EST
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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 17.02.2020 and 21.02.2020 no. 132,975 ordinary shares at an average price of Euro 4.4007 per share, for a total of Euro 585,177.77.
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)
17.02.2020
10,000
4.3832
43,832.00
18.02.2020
48,660
4.3972
213,967.75
19.02.2020
19,818
4.4362
87,916.61
20.02.2020
29,230
4.3944
128,448.31
21.02.2020
25,267
4.3936
111,013.09
Following these operations, Ascopiave now directly holds a total of no. 11,543,752 treasuary shares, equal to 4.925% 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, 24.02.2020
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ASCOPIAVE S.p.A. published this content on 24 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2020 20:47:03 UTC
Ascopiave SpA is an Italy-based company engaged in the utilities sector. The Company is primarily active in the distribution and sale of natural gas. Ascopiave SpA is also involved in the sale of electric power, heat management, co-generation and generation of electricity from photovoltaic plants. The Company holds concessions and direct contracts for the management of gas distribution services and it operated of distribution network. The Company operates through numerous direct subsidiaries, including Ascotrade Spa, Edigas Esercizio Distribuzione Gas SpA, Blue Meta SpA, AscoEnergy Srl, Amgas Blu Srl, Pasubio Servizi Srl, Sinergie Italiane Srl, ASM DG Srl, Edigas Due Srl and Etraenergia Srl, among others. On February 10, 2014, Ascopiave SpA acquired a 49% stake in Veritas Energia Srl; as a result of the transaction the Company holds 100% in Veritas Energia Srl. The Company is also active in the integrated water services.