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

6020

Submission date and time

31.03.2017 19:42:00

Content of announcement in Estonian

Title

Aktsiate tagasiostu tehingud

Message

Tallinn, 2017-03-31 18:42 CEST (GLOBE NEWSWIRE) --


Perioodil 27.03.2017 - 31.03.2017 on toimunud järgmised aktsiate tagasiostu
tehingud: 

Tallinna Väärtpaberibörs:

      Kuupäev        Tagasiostetud aktsiate   Keskmine hind aktsia    Maksumus  
                              kogus                  kohta             kokku    
                                                      EUR                EUR    
     27.03.17                11 570                 2.9400           34 015.80  
     28.03.17                11 360                 2.9582           33 605.15  
     29.03.17                11 540                 2.9500           34 043.00  
     30.03.17                11 040                 2.9000           32 016.00  
     31.03.17                 8 045                 2.8986           23 319.24  
   Kokku perioodi            53 555                 2.9316           156 999.19 
     jooksul:                                                                   
                                                                                

Kokku kumulatiivselt tagasiostuprogrammi raames alates 30.06.2016:

 Tagasiostetud aktsiate      Keskmine hind aktsia kohta       Maksumus kokku    
         kogus                       (eurodes)                   (eurodes)      
         858 155                       2.4620                   2 112 788.92    
                                                                                

Peale nimetatud ostutehinguid moodustab AS Silvano Fashion Group aktsionäride
korralise koosoleku poolt 29.06.2016 kinnitatud tagasiostuprogrammi raames
tagasi ostetud aktsiate koguarv 858 155 aktsiat. Aktsiate omandamisele kulutati
2 112 788.92 eurot, mis moodustab 2.4620 Eurot ühe omandatud aktsia kohta. 

Oma aktsiate tagasiostuprogramm viiakse läbi kooskõlas toimunud 29.juunil
2016.a. aktsionäride üldkoosoleku otsusega ja 8. märtsi 2016. aasta määrusega
(EL) nr 2016/1052 millega täiendatakse Euroopa Parlamendi ja nõukogu määrust
(EL) nr 596/2014 seoses regulatiivsete tehniliste standarditega, mis käsitlevad
tagasiostuprogrammide ja stabiliseerimismeetmete suhtes kohaldatavaid
tingimusi. 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. 

Jarek Särgava
Juhatuse liige
Silvano Fashion Group
Tel +372 6845 000
E-post: [email protected]

Content of announcement in English

Title

Share buyback transactions

Message

Tallinn, 2017-03-31 18:42 CEST (GLOBE NEWSWIRE) --


During the period from 27.03.2017 until 31.03.2017 the following buyback
transactions have been made: 

Tallinn Stock Exchange:

     Date      Amount of shares bought back  Average share price  Cost in total
                                                     EUR               EUR     
   27.03.17               11 570                    2.9400          34 015.80  
   28.03.17               11 360                    2.9582          33 605.15  
   29.03.17               11 540                    2.9500          34 043.00  
   30.03.17               11 040                    2.9000          32 016.00  
   31.03.17               8 045                     2.8986          23 319.24  
Total amount:             53 555                    2.9316         156 999.16  
                                                                               

  Accumulated total under the share buyback program since 30.06.2016:

Amount of shares bought back  Average price per share (EUR)  Cost in total (EUR)
           858 155                       2.4620                 2 112 788.92    
                                                                                

After the transactions listed above, within the framework of the share buy-back
program, approved by the shareholders meeting on 29.06.2016, AS Silvano Fashion
Group has acquired 858 155 shares in total for the total amount of 2 112 788.92
Euros, resulting an average acquisition cost of 2.4620 Euros per share. 

With its share buyback program to be carried out in accordance with the held on
June 29, 2016 the general meeting of 8 March 2016, by Regulation (EU) No
2016/1052 supplementing the European Parliament and Council Regulation (EU) No
596/2014 concerning regulatory technical standards back programs and
stabilization conditions applicabl. 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. 


Jarek Särgava
Board Member
Silvano Fashion Group
Tel +372 6845 000
E-mail: [email protected]