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Snam: report on the purchase of treasury shares

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Snam Company

San Donato Milanese (Milan), 30 March 2018 – During the period from 23 to 29 March 2018, Snam acquired n. 932,122 own shares at an average price per share equal to 3.5930 euro, for an aggregate amount of 3,349,103.44 euro. The purchases were made within the share buyback programme, pursuant to the resolution of the Shareholder Meeting on 11 April 2017, whose continuation was announced to the market on 12 January 2018, pursuant to art. 144-bis of Consob Regulation 11971/1999.

On the basis of information provided by the intermediary agent appointed for the implementation of the share buyback program, the details of the purchases of treasury shares on the MTA (Electronic Stock Market) on a daily basis are reported below:

Date
Number of ordinary shares purchased
Average price (euro)
Consideration (euro)
23/03/2018
232,122
3.6020
836,103.44
26/03/2018
0
-
-
27/03/2018
700,000
3.5900
2,513,000.00
28/03/2018
0
-
-
29/03/2018
0
-
-
 

Since November 2016 Snam acquired n. 120,636,335 own shares (equal to 3.45% of the share capital), for an aggregate amount of 451,635,622.94 euro.

Following the purchases announced today, and taking into consideration the treasury shares already held, on 29 March 2018 Snam holds n. 121,763,585 shares equal to 3.48% of the share capital.

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updated
02 July 2018 - 18:44 CEST