Silvano Fashion Group
Changes in company's own shares

Share buyback transactions

Tallinn, 2017-05-12 16:00 CEST (GLOBE NEWSWIRE) --

During the period from 08.05.2017 until 12.05.2017 the following buyback transactions have been made:

Tallinn Stock Exchange:

Date Amount of shares bought back Average share price Cost in total
EUR EUR
08.05.17 2 665 2.9700 7 915.05
09.05.17 2 815 2.9900 8 416.85
10.05.17 2 835 2.9800 8 448.30
11.05.17 2 735 2.9700 8 122.95
12.05.17 2 700 2.9800 8 046.00
Total amount: 13 750 2.9781 40 949.15

Accumulated total under the share buyback program since 30.06.2016:

Amount of shares bought back Average price per share (EUR) Cost in total (EUR)
989 399 2.5188 2 492 136.71

After the transactions listed above, within the framework of the share buy-back program, approved by the shareholders meeting on 29.06.2016, AS Silvano Fashion Group has acquired 989 399shares in total for the total amount of 2 492 136.71 Euros, resulting an average acquisition cost of 2.5188 Euros per share.

With its share buyback program to be carried out in accordance with the held on June 29, 2016 the general meeting of 8 March 2016, by Regulation (EU) No 2016/1052 supplementing the European Parliament and Council Regulation (EU) No 596/2014 concerning regulatory technical standards back programs and stabilization conditions applicabl. 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.

Jarek Särgava
Board Member
Silvano Fashion Group
Tel +372 6845 000
E-mail: info@silvanofashion.com

Silvano Fashion Group AS published this content on 12 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2017 14:09:27 UTC.

Original documenthttps://www.e-register.ee/market/?pg=details&instrument=EE3100001751&list=2&tab=news&news_id=291121

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