Ascopiave S p A : Report on the purchase of treasury shares
February 17, 2020 at 08:58 am EST
Share
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 10.02.2020 and 14.02.2020 no. 270,727 ordinary shares at an average price of Euro 4.4198 per share, for a total of Euro 1,196,545.92.
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)
10.02.2020
29,652
4.5992
136,375.48
11.02.2020
66,000
4.5144
297,950.40
12.02.2020
92,789
4.3827
406,666.35
13.02.2020
37,286
4.3227
161,176.19
14.02.2020
45,000
4.3195
194,377.50
Following these operations, Ascopiave now directly holds a total of no. 11,410,777 treasuary shares, equal to 4.868% 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, 17.02.2020
Attachments
Original document
Permalink
Disclaimer
ASCOPIAVE S.p.A. published this content on 17 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2020 13:26:07 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.
ASCOPIAVE S.P.A. 
