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Snam: report on the purchase of treasury shares

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Snam Company

San Donato Milanese (Milan), 19 October 2018 – Snam, following the announcement on 2 October concerning the resumption of the share buy-back authorized by the Shareholder meeting of 24 April, announces that, in the period from 10 to 18 October, has purchased n. 6,413,358 of its own shares at an average price per share equal to 3.6249 euro, for an aggregate amount of 23,247,478.82 euro.

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 shares purchased
Average price (euro)
Consideration (euro)
10/10/2018
698,735
3.6635
2,559,789.03
11/10/2018
997,603
3.6121
3,603,464.34
12/10/2018
1,500,000
3.5987
5,398,114.20
15/10/2018
1,000,000
3.5866
3,586,614.06
16/10/2018
367,020
3.6453
1,337,895.41
17/10/2018
450,000
3.6689
1,650,994.42
18/10/2018
1,400,000
3.6504
5,110,607.36
 

Since the start of the purchase plan Snam acquired 54,132,673 own shares (equal to 0.37% of the share capital), for an aggregate amount of 196,567,047.71 euro.

Following the purchases, and taking into consideration the treasury shares already held, as of 18 october 2018 Snam holds 145,055,298 shares equal to 4.18% of the share capital.

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updated
19 October 2018 - 08:16 CEST