PRESS RELEASE
Disclosure regarding the plan for the purchase of own shares
Bolzoni S.p.A. (BLZ) declares the acquisition of n° 18,274 Bolzoni S.p.A ordinary shares throughout August
24, 2015 to August 28, 2015 at an average weighted price of Euro 3.3677, at the counter-value of Euro
61,541.67.
The following table presents details of purchases on a daily basis:
Transaction date | Number of shares purchased | % Share Capital | Average weighted price (Euro) | Counter-value (Euro) |
25/08/2015 | 4,811 | 0.019% | 3.3366 | 16,052.38 |
26/08/2015 | 3,845 | 0.015% | 3.3134 | 12,740.02 |
27/08/2015 | 3,718 | 0.014% | 3.4042 | 12,656.82 |
28/08/2015 | 5,900 | 0.023% | 3.4055 | 20,092.45 |
Total | 18,274 | 0.070% | 3.3677 | 61,541.67 |
It is to be noted that:
- the program started on 25 August 2015, to allow the Company to intervene on the market, in compliance of the current provisions of the law, to sustain the liquidity of its stocks.
- as at August 28, 2015 the Company owns 18,274 ordinary shares (equivalent to 0.070% of the current share capital).
The Shareholders Meeting held on April 29, 2015 authorized the purchase of own shares for a period of 18 months from the date of the resolution for a maximum number of 300,000 ordinary shares of the Issuer which in total represent 1.15% of the share capital and in any case within a maximum value of one million euros, within the limits of the distributable profits and the available reserves resulting from the Issuer's last approved financial report, within the nominal limit of one fifth of the share capital and therefore still within the limits established by articles 2357, paragraphs one and three, and 2359-bis, paragraph three, of the Civil Code and in accordance to what indicated in article 132 of "Testo Unico della Finanza" and article 144 - bis, paragraph 1, letter b, of Consob Regulation no. 11971 of May, 1999.
This press release is available on the company website www.bolzonigroup.com, in the Investor Relations area and with the authorized storage system "1info", on the website www.1info.it.
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Bolzoni, company listed in the STAR segment of Borsa Italiana, is the European leader in the production of attachments for fork lift trucks and the second major manufacturer both worldwide and in the US market.Through the design, production and distribution of a wide range of attachments, Bolzoni is an important presence in the market niche of lift-truck attachments and industrial material handling.
With a 2014 turnover of about 120 million euros, 19 companies (including the parent company), 8 of which are manufacturing plants situated in Italy, USA, Finland, Germany and China, 10 are commercial subsidiaries and
1 is a financial holding company, Bolzoni is a multinational group with a global organization present on all continents, within the vast market segment of logistics and material handling.
Contact: Eleonora Palumbo
Investor Relations - Bolzoni S.p.A.
Tel. 0523/55.55.11 ir@bolzonigroup.com
Piacenza, 31 August 2015
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