Tallinn, 2016-08-12 20:00 CEST (GLOBE NEWSWIRE) --
During the period from 08.08.2016 until 12.08.2016 the following buyback transactions have been made:
Tallinn Stock Exchange:
| Date | Amount of shares bought back | Average share price | Cost in total | ||
| EUR | EUR | ||||
| 08.08.16 | 6 265 | 2.1500 | 13 469.75 | ||
| 09.08.16 | 5 945 | 2.1265 | 12 642.04 | ||
| 10.08.16 | 5 070 | 2.1358 | 10 828.51 | ||
| 11.08.16 | 4 825 | 2.1300 | 10 277.25 | ||
| 12.08.16 | 4 935 | 2.1200 | 10 462.20 | ||
| Total amount: | 27 040 | 2.1331 | 57 679.75 | ||
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) |
| 159 427 | 2.0291 | 323 494.28 |
Apart from these transactions for the purchase of AS Silvano Fashion Group ordinary shareholders meeting on 29.06.2016 approved the repurchase program, the total number of shares bought back 159,427 shares. Was spent on the acquisition of shares to EUR 323 494.28, representing 2.0291 euros per share acquired.
Of 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 applicable. The executor of the share buyback program is managed by AS SEB Pank, which exercises the repurchase of shares of AS Silvano Fashion Group name. The program execution of the AS SEB Pank independent trading decisions, in compliance with the conditions and restrictions, without AS Silvano Fashion Group shares could affect the timing of the purchases.
Jarek Särgava
Board Member
Silvano Fashion Group
Tel +372 6845 000
E-mail: info@silvanofashion.com