Ubi, purchase of own shares at the service of the 2017-2010 long term incentive
Bergamo, 13th October 2017 – Following up to the press release dated 4th October 2017, UBI Banca reports that, in implementation of the shareholders’ resolution of 7th April 2017 relating to the purchase of treasury shares at the service of the long term incentive scheme for key management personnel (“identified staff”) of the Group, it proceeded to purchase a total of 150,000 ordinary UBI Banca shares.
These shares were purchased at a weighted average price of 4.39381 euro per share, with value date 6th October 2017. The purchase transactions were performed on the regulated market MTA managed by Borsa Italiana S.p.A. in compliance with the limits set in the shareholders’ authorisation (as already reported also in accordance with article 144-bis of Consob Regulation 11971/1999 and with article 132 of the Legislative Decree No. 58/1998) and under the conditions envisaged by Regulation (EU) 596/2014 and its implementing provisions. Details of the single purchase transactions are given in the attachment.
Including the purchase transactions performed under the programme, UBI Banca currently holds a total of
2,984,880 treasury shares, corresponding to 0.26% of the share capital.