Market announcement
AS Silvano Fashion Group
LEI code
529900JNG41RRJKJYB65
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
1868
Submission date and time
13.10.2008 09:46:00
Content of announcement in Estonian
Title
Aktsiate tagasiostu tehingud
Message
06.10.2008 otsustas AS-i Silvano Fashion Group juhatus kasutada üldkoosoleku
poolt antud õigust ning käivitada aktsiate tagasiostuprogramm. Tagasi ostetakse
maksimaalselt 3 miljoni euro (46,9 miljoni krooni) väärtuses aktsiaid, kuid
mitte rohkem kui 4 miljonit aktsiat. Tagasiostu periood algas 07.10.2008 ning
lõpeb 06.10.2009.
Perioodil 07.10.2008 - 10.10.2008 on toimunud järgmised aktsiate tagasiostu
tehingud:
Tallinna Börs
Aktsia - SFGAT
Kuupäev Tagasiostetud Keskmine hind Maksumus kokku
aktsiate kogus aktsia kohta
EUR EEK EUR EEK
07.10.2008 14 000 1.48 23.1570 20 720 324 198
08.10.2008 17 000 1.31 20.4970 22 270 348 450
09.10.2008 18 000 1.28 20.0276 23 040 360 498
10.10.2008 19 000 1.23 19.2453 23 370 365 661
Kokku perioodi
jooksul 68 000 1.31 20.5707 89 400 1 398 807
Varssavi Börs
Aktsia - SFG
Kuupäev Tagasiostetud Keskmine hind Maksumus kokku
aktsiate kogus aktsia kohta
EUR PLN EUR PLN
07.10.2008 18 000 1.20 4.18 21 629 75 240
08.10.2008 19 000 1.15 3.99 21 793 75 810
09.10.2008 16 000 1.15 4.00 18 398 64 000
10.10.2008 17 000 1.15 4.00 19 548 68 000
Kokku perioodi
jooksul 70 000 1.16 4.04 81 367 283 050
Kokku kumulatiivselt tagasiostuprogrammi raames alates 07.10.2008:
Tagasiostetud Keskmine hind Maksumus kokku
aktsiate kogus aktsia kohta (EUR) (EUR)
138 000 1.24 170 767
1 EUR=15,6466 EEK
Pärast nimetatud tehinguid omab AS Silvano Fashion Group 138 000 oma aktsiat,
mis moodustab kokku 0,345% aktsiakapitalist.
Tagasiostuprogrammi raames jääb tagasi osta veel maksimaalselt kuni 2 829 233
miljoni euro väärtuses aktsiaid, kuid mitte rohkem kui 3 862 000 aktsiat.
Tagasiostuprogrammi teostatakse vastavalt Euroopa Komisjoni määrusele nr.
2273/2003, 22.12.2003, millega rakendatakse Euroopa Parlamendi ja Nõukogu
direktiivi 2003/6/EÜ seoses tagasiostuprogrammidele ja finantsinstrumentide
stabiliseerimisele ettenähtud eranditega. Aktsiate tagasiostu täideviijaks
ja korraldajaks on AS Hansapank, kes teostab aktsiate tagasiostu AS-i Silvano
Fashion Group nimel. Programmi täideviimisel on AS Hansapank kauplemisotsuste
tegemisel iseseisev, järgides kehtivaid tingimusi ning piiranguid, ilma et AS
Silvano Fashion Group saaks mõjutada aktsiate ostutehingute aega.
Peeter Larin
juhatuse liige
Silvano Fashion Group
Tel +372 67 10 700
E-post: [email protected]
www.silvanofashion.com
Content of announcement in English
Title
Share Buyback Transactions
Message
On 06.10.2008, the management board of AS Silvano Fashion Group, acting under
the authorization granted by the general meeting of shareholders, decided to
initiate a share buyback program. The maximum amount to be invested in the
programme by AS Silvano Fashion Group is EUR 3 million Euros (46,9 million
Estonian kroons). The maximum number of shares to be purchased under the
programme is 4 million. The buyback period started on 07.10.2008 and will end
on 06.10.2009.
During the period from 07.10.2008 until 10.10.2008 the following buyback
transactions have been made:
Tallinn Stock Exchange
Share - SFGAT
Date Amount of shares Average price Cost in total
bought back per share
EUR EEK EUR EEK
07.10.2008 14,000 1.48 23.1570 20,720 324,198
08.10.2008 17,000 1.31 20.4970 22,270 348,450
09.10.2008 18,000 1.28 20.0276 23,040 360,498
10.10.2008 19,000 1.23 19.2453 23,370 365,661
Total for period 68,000 1.31 20.5707 89,400 1,398,807
Warsaw Stock Exchange
Share - SFG
Date Amount of shares Average price Cost in total
bought back per share
EUR PLN EUR PLN
07.10.2008 18,000 1.20 4.18 21,629 75,240
08.10.2008 19,000 1.15 3.99 21,793 75,810
09.10.2008 16,000 1.15 4.00 18,398 64,000
10.10.2008 17,000 1.15 4.00 19,548 68,000
Total for period 70,000 1.16 4.04 81,367 283,050
Accumulated total under the share buyback program since 07.10.2008:
Amount of shares Average price
bought back per share (EUR) Cost in total (EUR)
138,000 1.24 170,767
1 EUR=15,6466 EEK
After the transactions listed above, AS Silvano Fashion Group owns 138,000
of its own shares, which constitute 0,345% of the share capital.
Under the buyback program, shares up to the value of 2,829,233 million Euros
remain to be bought back. The maximum amount of shares that remains to be
bought back is 3,862,000.
The share buyback program is being implemented in accordance with the
Commission Regulation (EC) No 2273/2003 of 22.12.2003, implementing Directive
2003/6/EC of the European Parliament and of the Council as regards exemptions
for buy-back programmes and stabilisation of financial instruments. The
programme is managed by AS Hansapank, which will buy back shares on behalf of
AS Silvano Fashion Group. AS Hansapank carries out the buyback according to the
regulations and within the framework of the programme, and will make its
trading decisions independently of, and without influence by AS Silvano Fashion
Group with regard to the timing of the purchases.
Peeter Larin
Member of the management board
Silvano Fashion Group
Tel +372 67 10 700
E-mail: [email protected]
www.silvanofashion.com