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

3285

Submission date and time

15.04.2011 17:31:00

Content of announcement in Estonian

Title

Aktsiate tagasiostu tehingud

Message

Tallinn, Eesti, 2011-04-15 16:31 CEST (GLOBE NEWSWIRE) --


Perioodil 08.04.2011 - 15.04.2011 on toimunud järgmised aktsiate tagasiostu
tehingud: 


Tallinna Börs                                                        
Aktsia - SFGAT                                                       
----------------------------------------------------------------------
Kuupäev                  Tagasiostetud  Keskmine hind  Maksumus kokku
                        aktsiate kogus   aktsia kohta                
---------------------------------------------------------------------
                                                  EUR             EUR
08.04.2011                       3 371         3.2000          10 787
11.04.2011                           0                              0
12.04.2011                           0                              0
13.04.2011                           0                              0
14.04.2011                           0                              0
15.04.2011                           0                              0
---------------------------------------------------------------------
Kokku perioodi jooksul           3 371                         10 787



Varssavi Börs                                                        
Aktsia - SFG                                                         
----------------------------------------------------------------------
Kuupäev                  Tagasiostetud  Keskmine hind  Maksumus kokku
                        aktsiate kogus   aktsia kohta                
---------------------------------------------------------------------
                                            EUR   PLN       EUR   PLN
08.04.2011                           0                        0     0
11.04.2011                           0                        0     0
12.04.2011                           0                        0     0
13.04.2011                           0                        0     0
14.04.2011                           0                        0     0
15.04.2011                           0                        0     0
---------------------------------------------------------------------
Kokku perioodi jooksul               0                        0     0



Kokku kumulatiivselt tagasiostuprogrammi raames alates 15.11.2010:
                                                                  
   Tagasiostetud aktsiate          Keskmine hind    Maksumus kokku
              kogus (EUR)     aktsia kohta (EUR)             (EUR)
------------------------------------------------------------------
                  137 000                 2.7861           381 696
------------------------------------------------------------------



 Pärast nimetatud tehinguid omab AS Silvano Fashion Group 137 000  oma aktsiat,
mis moodustab kokku 0.35 % aktsiakapitalist. Tagasiostuprogrammi raames jääb
tagasi osta veel maksimaalselt kuni 15 294 800 euro väärtuses aktsiaid, kuid
mitte rohkem kui   3 823 700 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 SEB Pank, kes teostab aktsiate tagasiostu AS-i Silvano
Fashion Group nimel. Programmi täideviimisel on AS SEB Pank kauplemisotsuste
tegemisel iseseisev, järgides kehtivaid tingimusi ning piiranguid, ilma et AS
Silvano Fashion Group saaks mõjutada aktsiate ostutehingute aega. 


Märt Meerits
Juhatuse liige
Silvano Fashion Group
Tel +372 680 1396
E-post: [email protected]

Content of announcement in English

Title

Share Buyback Transactions

Message

Tallinn, Estonia, 2011-04-15 16:31 CEST (GLOBE NEWSWIRE) --


During the period from 08.04.2011 until 15.04.2011 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            EUR
08.04.2011                   3,371         3.2000         10,787
11.04.2011                       0                             0
12.04.2011                       0                             0
13.04.2011                       0                             0
14.04.2011                       0                             0
15.04.2011                       0                             0
----------------------------------------------------------------
Total for period             3,371                        10,787



Warsaw Stock Exchange                                           
Share - SFGAT                                                   
-----------------------------------------------------------------
Date              Amount of shares  Average price  Cost in total
                       bought back      per share               
----------------------------------------------------------------
                                        EUR   PLN      EUR   PLN
08.04.2011                       0                       0     0
11.04.2011                       0                       0     0
12.04.2011                       0                       0     0
13.04.2011                       0                       0     0
14.04.2011                       0                       0     0
15.04.2011                       0                       0     0
----------------------------------------------------------------
Total for period                 0                       0     0



Accumulated total under the share buyback program since 15.11.2010:
                                                                   
--------------------------------------------------------------------
       Amount of shares          Average price        Cost in total
            bought back        per share (EUR)                (EUR)
-------------------------------------------------------------------
                137,000                 2.7861              381,696
-------------------------------------------------------------------



After the transactions listed above, AS Silvano Fashion Group owns 137,000 of
its own shares, which constitute 0.35 % of the share capital. Under the buyback
program, shares up to the value of 15,294,800 Euros remain to be bought back.
The maximum amount of shares that remains to be bought back is 3,823,700. 


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 SEB Pank AS, which will buy back shares on behalf of AS
Silvano Fashion Group. SEB Pank 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. 




Märt Meerits
Member of the Board
Silvano Fashion Group
Tel +372 680 1396
E-mail: [email protected]