Press release

Notification share buy-back

Sant'Agata Feltria (Rimini), 13 October 2021 - Indel B S.p.A. - a company listed on the Borsa Italiana MTA and parent of a group that operates in the manufacture of cooling systems and air-conditioning for mobile and mobile living for the automotive, hospitality and leisure time markets (pleasure boats and recreational vehicles) - under the buyback program of treasury shares announced to the market on May 21, 2021 and approved by the Board of Directors on June 18, 2021 up to n. 125,000 ordinary shares - according to the provision and for the purpose of Article 5 of Regulation (EU) 596/2014 and Article 2, paragraph 3, of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 - announces to have acquired on the Mercato Telematico Azionario (MTA) organized and managed by Borsa Italiana S.p.A., in the period from 07th October to 13th October 2021, total n. 1,599 of treasury shares (corresponding to 0.027% of the total number of ordinary shares), at a weight average price of Euro 26.5464 for a total counter-value of Euro 42,447.70.

On the basis of information provided by Banca IMI, the authorized intermediary in charge of carrying out the buyback transactions described in this present press release, here below is a summary of the daily transactions, in aggregate form:

DATE

NUMBER ORDINARY

AVERAGE PRICE (EUR)

TOTAL AMOUNT (EUR)

SHARES PURCHASED

10/07/2021

252

26.2190

6,607.20

10/08/2021

325

26.4692

8,602.50

10/11/2021

200

26.6000

5,320.00

10/12/2021

522

26.5000

13,883.00

10/13/2021

300

26.9500

8,085.00

TOTAL

1,599

26.5464

42,447.70

Detailed and daily information about the buyback transactions carried out in the above-mentioned period is attached to this press release.

Further to the buyback transactions above, the treasury shares held by the Company amount to n. 152,937.

Related press release: press release of May 21, 2021, press release of June 28, 2021, press release of July 05, 2021, press release of July 14, 2021, press release of July 21, 2021, press release of July 28, 2021, press release of August 04, 2021, press release of August 11, 2021, press release of August 18, 2021, press release of August 25, 2021, press release of September 01, 2021, press release of September 08, 2021, press release of September 15, 2021, press release of September 22, 2021, press release of September 29, 2021 and press release of October 06, 2021.

Indel B Spa - Registered, administrative and commercial offices via Sarsinate, 27 - 47866 Sant'Agata Feltria (RN) Italy

Tel. +39 0541 848711 - Fax +39 0541 848741 - info@indelb.com- www.indelbgroup.com

Share capital Euro 5,842,000 fully paid-in - Economic and Administrative Index (REA) RN - 312757 - Companies House - VAT no./tax

code 02037650419 - Code of International Standard Organization IT02037650419

* * *

This press release is available to the public at the Company's registered office, at Borsa Italiana, on the storage mechanism authorised by Consob "1info" (www.1info.it) and in the specific sections of the website www.indelbgroup.com.

* * *

Indel B S.p.A. is a company listed on the MTA segment of the Italian stock exchange and is controlled by AMP.FIN S.r.l., in turn held entirely by the Berloni family. Indel B S.p.A. heads an important Group that operates worldwide and has been active for the last 50 years in the mobile cooling sector applicable to the Automotive, Leisure time and Hospitality cooling segments. The Group also operates in mobile climate control, with specific reference to the Automotive market, represented by commercial vehicles, minibuses, ambulances, agricultural and earth-moving machinery, and in the Cooling Appliances sector, which mainly comprises cellars for storing wine and small refrigerators for storing milk. The company has a market cap of approximately Euro 157 million.

Contact details

INDEL B

POLYTEMS HIR

FAST-COM

Controller & IR

IR e Comunicazione Finanziaria

Media Relations

Elisabetta Benazzi

Bianca Fersini Mastelloni

Paolo Santagostino

+39 0541 848 784

+39 06.69923324; +39 336742488

+39 349 3856585

elisabetta.benazzi@indelb.com

b.fersini@polytemshir.it

paolo.santagostino@fast-com.it

2

Attached

Fill ID

Fill Date

Fill Time

B/S

Country

Market

Security Ref.

Fill Price

Fill Qty

1rEG1tbTs

07/10/2021

11:06:21.617.717

Buy

IT.ico

MTA

INDB

26,30

150

1rEG1tmzl

07/10/2021

16:26:46.760.825

Buy

IT.ico

MTA

INDB

26,10

102

1rP97gtDx

08/10/2021

10:55:27.253.095

Buy

IT.ico

MTA

INDB

26,50

300

1rP97h09C

08/10/2021

14:41:34.641.240

Buy

IT.ico

MTA

INDB

26,10

25

1rvoP4plc

11/10/2021

13:06:39.618.226

Buy

IT.ico

MTA

INDB

26,60

75

1rvoP4pld

11/10/2021

13:06:39.618.226

Buy

IT.ico

MTA

INDB

26,60

125

1s6hUsCd5

12/10/2021

16:00:50.427.022

Buy

IT.ico

MTA

INDB

26,50

262

1s6hUsDqL

12/10/2021

16:25:58.000.297

Buy

IT.ico

MTA

INDB

26,50

38

1s6hUsEZw

12/10/2021

16:42:21.825.545

Buy

IT.ico

MTA

INDB

26,50

222

1sHaafQx8

13/10/2021

12:51:14.713.406

Buy

IT.ico

MTA

INDB

27,00

150

1sHaafR5D

13/10/2021

12:55:48.644.655

Buy

IT.ico

MTA

INDB

26,90

150

Indel B Spa - Registered, administrative and commercial offices via Sarsinate, 27 - 47866 Sant'Agata Feltria (RN) Italy

Tel. +39 0541 848711 - Fax +39 0541 848741 - info@indelb.com- www.indelbgroup.com

Share capital Euro 5,842,000 fully paid-in - Economic and Administrative Index (REA) RN - 312757 - Companies House - VAT no./tax

code 02037650419 - Code of International Standard Organization IT02037650419

Attachments

Disclaimer

Indel B S.p.A. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 16:31:12 UTC.