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

5227

Submission date and time

06.11.2015 16:00:00

Content of announcement in Estonian

Title

Aktsiate tagasiostu tehingud

Message

Tallinn, 2015-11-06 15:00 CET (GLOBE NEWSWIRE) --


Perioodil 02.11.2015 - 06.11.2015 on toimunud järgmised aktsiate tagasiostu
tehingud: 

Tallinna Väärtpaberibörs:

      Kuupäev        Tagasiostetud aktsiate   Keskmine hind aktsia    Maksumus  
                              kogus                  kohta             kokku    
                                                      EUR                EUR    
     02.11.15                 3 000                 1,2800            3 840,00  
     03.11.15                 480                   1,2800             614,40   
     04.11.15                 4 665                 1,2754            5 949,74  
     05.11.15                   0                      0                 0      
     06.11.15                 4 620                 1,2654            5 846,15  
   Kokku perioodi            12 765                 1,2730           16 250,29  
     jooksul:                                                                   

Kokku kumulatiivselt tagasiostuprogrammi raames alates 30.06.2015:

 Tagasiostetud aktsiate      Keskmine hind aktsia kohta       Maksumus kokku    
         kogus                       (eurodes)                   (eurodes)      
         366 016                       1,3299                   486 770,69      

Peale nimetatud ostutehinguid moodustab AS Silvano Fashion Group aktsionäride
korralise koosoleku poolt 29.06.2015 kinnitatud tagasiostuprogrammi raames
tagasi ostetud aktsiate koguarv 366 016 aktsiat. Aktsiate omandamisele kulutati
486 770,69 eurot, mis moodustab 1,3299 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, 2015-11-06 15:00 CET (GLOBE NEWSWIRE) --


During the period from 02.11.2015 until 06.11.2015 the following buyback
transactions have been made: 

Tallinn Stock Exchange:

     Date      Amount of shares bought back  Average share price  Cost in total
                                                     EUR               EUR     
   02.11.15               3 000                     1.2800           3 840,00  
   03.11.15                 480                     1.2800           614,40    
   04.11.15               4 665                     1.2754           5 949,74  
   05.11.15                 0                         0                 0      
   06.11.15               4 620                     1.2654           5 846,15  
Total amount:             12 765                    1.2730          16 250.29  

  Accumulated total under the share buyback program since 30.06.2015:

Amount of shares bought back  Average price per share (EUR)  Cost in total (EUR)
           366 016                       1.3299                   486 770,69    

After the transactions listed above, within the framework of the share buy-back
program, approved by the shareholders meeting on 29.06.2015, AS Silvano Fashion
Group has acquired 366 016 shares in total for the total amount of 486 770,69
Euros, resulting an average acquisition cost of 1.3299 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]