Milan, 10 July, 2017 – Under the buyback program of treasury shares referred to Article 5 of the Commission Delegated Regulation (EU) of 8 March 2016 no. 596/2014, launched on 22 June 2017 for no. 1,125,000 treasury shares (the “Program”) servicing the First Cycle (year 2016) of the "2016-2018 Employee Share Ownership Plan dedicated to the Employees of Maire Tecnimont Group” approved by the Ordinary Shareholders’ Meeting held on 27 April 2016 (the “Plan”), Maire Tecnimont S.p.A. (the “Company”) announces - according to the provision and for the purpose of Article 2 paragraph 3 of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “1052 EU Regulation”), to have acquired on the Telematic Stock Exchange Market (MTA) organized and managed by Borsa Italiana S.p.A., in the period from 03 July 2017 through 05 July 2017 inclusive, total no. 345,000of treasury shares (corresponding to 0.11% of the share capital), at a weighted average price of Euro 4.165 for a total counter-value of Euro 1,437,060.87.
It should be noted that, taking also into account the treasury shares already purchased during the period between 22 June 2017 and 30 June 2017 included, all no. 1,125,000 treasury shares for the First Cycle (year 2016) of the Plan have been purchased; therefore the Program has been completed. All the treasury shares of the First Cycle (year 2016) will be delivered to the Beneficiaries of the Plan within 25 July 2017.
On the basis of the information provided by Kepler Cheuvreux, the authorized intermediary in charge of implementing the Program, here below is a summary of the daily buying-in operations, in aggregate form:
Number of purchased shares
Average price (euro)
03 July 2017
04 July 2017
05 July 2017
In accordance with the provisions of Article 2 paragraph 3 of the UE Regulation 1052, attached to this press release, information of the daily buying-in operations carried out in the above-mentioned period is indicated in detail.
This information is also published on the Company’s website, www.mairetecnimont.com (Section “Investors” – “Press Release” – “Press Release Buy Back”) for a five-year period.
Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, leads an industrial group (Maire Tecnimont Group) playing a major role in the international Engineering & Construction (E&C), Technology & Licensing and Energy Business Development & Ventures markets, with specific competences in plant building, particularly in the hydrocarbons segment (Oil & Gas, Petrochemicals and Fertilizers), as well as in Power Generation and Infrastructures. Maire Tecnimont Group operates in approximately 30 different countries, numbering around 45 operative companies and a workforce of about 5,100 employees, along with approximately 3,000 additional Electrical & Instrumentation professionals. For more information: www.mairetecnimont.com.
Carlo Nicolais firstname.lastname@example.org
S. Raffaelli, A. Mele, I. Mastrogregori
Tel. +39 02 89011300
Tel. +39 02 6313-7823