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Snam: report on the purchase of treasury shares

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Snam Company

San Donato Milanese (Milan), 26 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 19 to 25 October, has purchased n. 4,972,045 of its own shares at an average price per share equal to 3.6185 euro, for an aggregate amount of 17,991,388.34 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)
19/10/2018
1,500,000
3.6347
5,452,030.27
22/10/2018
1,000,000
3.6262
3,626,204.84
23/10/2018
993,581
3.6032
3,580,068.04
24/10/2018
502,364
3.6145
1,815,787.57
25/10/2018
976,100
3.6034
3,517,297.62
 

Since the start of the purchase plan Snam acquired 59,104,718 own shares (equal to 1.70% of the share capital), for an aggregate amount of 214,558,436.04 euro.

Following the purchases, and taking into consideration the treasury shares already held, as of 25 October 2018 Snam holds 150,027,343 shares equal to 4.32% of the share capital.

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updated
26 October 2018 - 10:36 CEST