Vidrala S A : reports the transactions carried out under its share buy-back programme between 23 and 27 December 2019.

TO THE SPANISH NATIONAL SECURITIES MARKET COMMISSION (CNMV)

SIGNIFICANT EVENT

VIDRALA, S.A.

Buy-back programmes, stabilisation and treasury stock

Pursuant to article 228 of the Spanish Stock Market Act (Ley del Mercado de Valores), article 5 of Regulation (EU) no. 596/2014 on Market Abuse, Delegated Regulation (EU) 2016/1052 supplementing Regulation on market abuse with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures, and other applicable regulations -and as a continuation of the significant event published on December 20, 2019 (registration number 285.065) relating to the establishment of a share buy-back programme- VIDRALA, S.A. ("VIDRALA" or the "Company") hereby reports the transactions carried out over its own shares between 23 and 27 December 2019 (both inclusive), under the share buy-back programme approved by the Board of Directors of the Company in accordance with the authorisation granted by the General Shareholders' Meeting.

Date	Security	Transaction	Trading	Number	Weighted
venue	of shares	average price
23/12/2019	VID.MC	Purchase	XMAD	4.049	91,462 €
24/12/2019	VID.MC	Purchase	XMAD	2.400	91,594 €
27/12/2019	VID.MC	Purchase	XMAD	3.200	92,500 €

Detailed information of the transactions carried-out within the referred period is attached as Annex.

Llodio, December 31, 2019

José Ramón Berecíbar Mutiozábal

Secretary of the Board of Directors

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ANNEX

Detailed information of all the transactions carried out within the context of the share buy-back programme between 23 and 27 December 2019.

Date	Security	Transaction	Trading	Number	Price	Broker
venue	of shares
23/12/2019	VID.MC	Purchase	XMAD	100	92,400 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	150	92,300 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	150	92,200 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	350	91,900 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	500	91,500 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	386	91,700 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	251	91,600 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	362	91,800 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	250	91,300 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	150	91,200 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	450	91,000 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	450	91,100 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	300	90,900 €	Norbolsa
23/12/2019	VID.MC	Purchase	XMAD	200	90,800 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	511	91,300 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	189	92,200 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	175	92,400 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	100	92,100 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	300	91,900 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	975	91,400 €	Norbolsa
24/12/2019	VID.MC	Purchase	XMAD	150	91,200 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	233	91,600 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	181	91,500 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	250	92,100 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	362	92,200 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	519	92,300 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	150	92,400 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	250	92,600 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	27	92,500 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	76	92,700 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	74	93,300 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	578	93,200 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	150	93,000 €	Norbolsa
27/12/2019	VID.MC	Purchase	XMAD	350	92,900 €	Norbolsa

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