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Silvano Group AS
Correction: share buyback transactions

08-12-2015


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 47 / 2015
Data sporzÄ…dzenia: 2015-12-08
Skrócona nazwa emitenta
AS SILVANO FASHION GROUP
Temat
Correction: share buyback transactions
Podstawa prawna
Treść raportu:
The amendment of the announcement released on 04.12.2015 concerns change in the amount of shares acquired on 30.11.2015, affecting the buyback amount for the reporting period. Current amendment does not affect cumulative amount of shares bought back and no further changes were made to the published information.

During the period from 30.11.2015 until 04.12.2015 the following buyback transactions have been made:

Tallinn Stock Exchange:

Date Amount of shares bought back Average share price Cost in total
EUR EUR
30.11.15 4 775 1.3100 6 255.25
01.12.15 4 273 1.2995 5 552.76
02.12.15 0 0 0
03.12.15 0 0 0
04.12.15 7 495 1.2900 9 668.55
Total amount: 16 543 1.2982 21 476.56


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)
414 723 1.3234 548 834.70

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 414 723 shares in total for the total amount of 548 834.70 Euros, resulting an average acquisition cost of 1.3234 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: info@silvanofashion.com


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