Ascopiave S p A : Report on the purchase of treasury shares

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