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

Change of significant proportional thresholds for issuers own shares

Unique data record identifier

4303

Submission date and time

31.01.2014 19:00:00

Content of announcement in Estonian

Title

Aktsiate tagasiostu tehingud

Message

Tallinn, 2014-01-31 18:00 CET (GLOBE NEWSWIRE) --


Perioodil 27.01.2014-31.01.2014 on toimunud järgmised aktsiate tagasiostu
tehingud: 

Tallinna Väärtpaberibörs:

 Kuupäev  Tagasi ostetud aktsiate kogus  Keskmine hind aktsia kohta   Kogukulu
                                                    EUR                 EUR   
27.01.14              2 046                        2.5000             5 115.00
31.01.14              7 100                        2.5000            17 750.00
 Kokku:               9 146                        2.5000            22 865.00



Kokku kumulatiivselt tagasiostuprogrammi raames alates 01.07.2013:

 Tagasiostetud aktsiate      Keskmine hind aktsia kohta       Maksumus kokku    
         kogus                       (eurodes)                   (eurodes)      
         96 846                        2.4945                   241 584.79      

Peale nimetatud ostutehinguid moodustab AS Silvano Fashion Group aktsionäride
korralise koosoleku poolt 28.06.2013 kinnitatud tagasiostuprogrammi raames
tagasi ostetud aktsiate koguarv 96 846 aktsiat. Aktsiate omandamisele kulutati
241 584,79 eurot, mis moodustab 2,4945 eurot ühe omandatud aktsia kohta. 

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. 

Aleksei Kadõrko
Finantsdirektor
Silvano Fashion Group
Tel +372 6845 000
E-post: [email protected]

Content of announcement in English

Title

Share buyback transactions

Message

Tallinn, 2014-01-31 18:00 CET (GLOBE NEWSWIRE) --


During the period from 27.01.2014 until 31.01.2014 the following buyback
transactions have been made: 

Tallinn Stock Exchange:

     Date      Amount of shares bought back  Average share price  Cost in total
                                                     EUR               EUR     
   27.01.14               2 046                     2.5000           5 115.00  
   31.01.14               7 100                     2.5000          17 750.00  
Total amount:             9 146                     2.5000          22 865.00  

 Accumulated total under the share buyback program since 01.07.2013:

Amount of shares bought back  Average price per share (EUR)  Cost in total (EUR)
           96 846                        2.4945                   241 584.79    

After the transactions listed above, within the framework of the share buy-back
program, approved by the shareholders meeting on 28.06.2013, AS Silvano Fashion
Group has acquired 96 846 shares in total for the total amount of 241 584.79
Euros, resulting an average acquisition cost of 2.4945 Euros per share. 

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. 


Aleksei Kadõrko
Chief Financial Officer
Silvano Fashion Group
Tel +372 6845 000
E-mail: [email protected]