GHC: treasury share buy-back announcement

Press Release

GAROFALO HEALTH CARE S.P.A.: TREASURY SHARE BUY-BACK ANNOUNCEMENT

Rome, November 25, 2019- Garofalo Health Care S.p.A. ("GHC"), listed on the MTA segment of the Italian Stock Exchange (LEI code 815600C851C90CAE6438), with regards to the treasury share buy-back programme authorized by the Shareholders' Meeting of May 24, 2019, as announced to the market on the same date as per Article 144-bis of Consob Regulation No. 11971/1999, announces that between November 18 and November 22, 2019, it acquired on the MTA segment of the Italian Stock Exchange 13,800 GHC shares (ISIN code: IT0005345233), equal to 0.02% of the share capital, at an average price of Euro 4.8487 per share, for a total of Euro 66,911.93.

The purchases were made through the intermediary Equita SIM S.p.A., LEI code 815600E3E9BFBC8FAA85.

Purchases of GHC shares on the MTA segment of the Italian Stock Exchange on a daily aggregated basis in this period are presented below:

Date	No. of shares acquired	Average price (Euro)	Value (Euro)
18/11/2019	4,500	4.8626	21,881.50
19/11/2019	2,000	4.8599	9,719.76
20/11/2019	4,000	4.8329	19,331.75
21/11/2019	2,200	4.8502	10,670.50
22/11/2019	1,100	4.8258	5,308.42
TOTAL	13,800	4.8487	66,911.93

Following the above stated purchases, GHC currently holds 280,406 treasury shares, equal to 0.34% of the share capital.

The breakdown of daily transactions is presented below.

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: [phone]

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Daily purchases on MTA segment of the Italian Stock Exchange in period between November 18 and November 22, 2019.

Date	Hour	No. of shares acquired	Price (Euro)
18/11/2019	11.08.55	38	4.9000
18/11/2019	11.08.55	962	4.9000
18/11/2019	11.26.20	200	4.8600
18/11/2019	11.58.38	800	4.8600
18/11/2019	15.19.10	500	4.8350
18/11/2019	15.19.33	500	4.8350
18/11/2019	15.19.57	800	4.8350
18/11/2019	15.50.55	200	4.8800
18/11/2019	16.57.42	146	4.8850
18/11/2019	16.57.42	354	4.8850
19/11/2019	10.20.33	368	4.8250
19/11/2019	12.20.39	632	4.8800
19/11/2019	13.13.18	500	4.8600
19/11/2019	14.57.38	260	4.8600
19/11/2019	14.57.52	40	4.8600
19/11/2019	15.09.27	90	4.8600
19/11/2019	15.20.54	100	4.8600
19/11/2019	16.11.21	10	4.8600
20/11/2019	09.20.50	150	4.8500
20/11/2019	12.15.25	600	4.8500
20/11/2019	12.15.35	100	4.8500
20/11/2019	15.22.18	389	4.8450
20/11/2019	15.35.11	11	4.8450
20/11/2019	16.25.51	500	4.8250
20/11/2019	16.26.06	750	4.8250
20/11/2019	16.33.40	500	4.8000
20/11/2019	16.59.20	473	4.8400
20/11/2019	16.59.20	527	4.8400
21/11/2019	09.19.05	132	4.8400
21/11/2019	09.31.59	68	4.8400
21/11/2019	09.57.19	132	4.8400
21/11/2019	09.57.19	68	4.8400
21/11/2019	11.32.00	400	4.8600
21/11/2019	12.23.55	29	4.8600
21/11/2019	12.39.30	271	4.8600
21/11/2019	16.31.14	400	4.8650
21/11/2019	17.10.51	100	4.8550
21/11/2019	17.17.48	600	4.8350
22/11/2019	09.23.55	100	4.8900
22/11/2019	11.29.09	50	4.8650
22/11/2019	13.35.41	100	4.8300
22/11/2019	14.04.29	400	4.8250
22/11/2019	15.49.15	22	4.8000
22/11/2019	15.49.15	28	4.8000
22/11/2019	16.43.23	83	4.8000
22/11/2019	17.16.51	317	4.8100

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: [phone]

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The GHC Group

The GHC Group, listed on the Milan Stock Exchange, is an Italian accredited private healthcare leader operating through 24 healthcare clinics demonstrating excellence, located in Italy's strongest regions and offering a comprehensive range of services covering all areas of healthcare thanks to diversified specialties, the use of cutting- edge technologies and highly-qualified personnel. The Group in fact operates across seven regions in Northern and Central Italy (Piedmont, Veneto, Friuli-Venezia Giulia, Emilia Romagna, Liguria, Tuscany and Lazio), covering in the hospital sector acute admissions, long hospitalization, post-acute rehabilitations and outpatient services (the "Hospital Sector"), and in the regional and social-care sector covering residential admissions and district outpatient services (the "Dependency Care Sector").

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FOR FURTHER DETAILS:

Garofalo Health Care S.p.A.

Mimmo Nesi - Investor Relator

Tel. [phone] - [e-mail]

Website:www.garofalohealthcare.com

Press Office

Close to Media

Via Caradosso, 8 - Milan

Tel.[phone]

Luca Manzato - [e-mail]

Andrea Ravizza - [e-mail]

Garofalo Health Care S.p.A. - Share Capital: Euro 28,700,000 fully paid-in Economic and Administrative Register No.: Rome No. 947074 - VAT No.

03831150366 - Tax No. 06103021009

Registered Office: Piazzale delle Belle Arti, 6 - 00196 Rome - Main No. 06 684891 - Fax: [phone]

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