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Snam: Disclosure of treasury shares purchase

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Snam Company

San Donato Milanese (Milan), 22 January 2020 – Following the announcement on 16 December concerning the start of the share buyback authorized at the Shareholder Meeting of 2 April 2019, Snam announces that, during the period from 14 to 21 January, it has purchased n. 2,635,160 treasury shares at an average price per share equal to 4.8053 euro, for an aggregate amount of 12,662,688.25 euro.

On the basis of information provided by the intermediary appointed for the repurchase of the shares, please find the details of the daily purchases of treasury shares on the MTA (Mercato Telematico Azionario) reported below:

Date

Number of ordinary shares purchased

Average price (euro)

Consideration (euro)

14/01/2020

156,214

4.7439

741,063.59

15/01/2020

31,519

4.7731

150,443.34

16/01/2020

0

-

-

17/01/2020

0

-

-

20/01/2020

776,273

4.8583

3,771,367.12

21/01/2020

1,671,154

4.7870

7,999,814.20

 

Since the start of the share buyback, Snam has acquired 14,776,462 treasury shares (equal to 0.44% of its share capital), for an aggregate amount of 68,816,756.89 euro.

Following these purchases, and taking into consideration the treasury shares already owned, as of 21 January 2020 Snam owns 108,776,462 treasury shares equal to 3.20% of its share capital.

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updated
22 January 2020 - 08:34 CET