Press release

Report on the purchase of treasury shares

Rome, 23 August 2018 – ENAV announces that, as part of the share buyback program authorized by the Shareholders’ Meeting held on 27 April 2018, from August 14 to 17, 2018 it has purchased 158,000 ordinary shares of the Company on the Italian Stock Exchange (M.T.A.) at an average price of EUR 4.25633 per share, net of commission. The total purchase price paid was EUR 672,547.44.


As previously communicated, the objective of the share buy-back program is to purchase ENAV SpA ordinary shares that will be allocated to service the long-term management incentive plan approved by the Shareholders’ Meeting.

 

Details of the daily transactions are shown below:

 

Date
No. of ordinary shares acquired
Net average price per share  (EUR)
Net purchase price paid (EUR)
08/14/2018
5,000
4.299
21,495.00
08/16/2018
105,000
4.26572
447,900.60
08/17/2018
48,000
4.23233
203,151.84
Total
158,000
4.25633
672,547.44

Following the above mentioned purchases, ENAV currently holds 384,805 treasury shares, equal to 0.07103% of its share capital.

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