ITWAY SIGNS THE SHARE SALES AND PURCHASE AGREEMENT TO SELL TO COGNOSEC ITWAY’S CYBER SECURITY VALUE ADDED DISTRIBUTOR INTERESTS IN TURKEY AND GREECE FOR €10 MILLION
June 20, 2018Shareholders are informed that there are reasons to believe that the ordinary Shareholders’ Meeting
June 27, 2018Ravenna, 25th June 2018
Regarding the carrying out of the share buy bask programme authorized by the Meeting of Shareholders, Itway S.p.A. announces that, from 18th January 2018 to 22nd June 2018, altogether sold no. 13,323 Itway S.p.A. ordinary shares (equal to 0.17% of the share capital), at an average price of Euro 1.2440 per share, after commissions, for a total countervalue of Euro 16,574.46.
Single operations are detailed as follows:
Date | No. of transactions | No. of purchase/sell ordinary shares | % of share capital | Medium price (Euro) | Countervalue (Euro) |
20/06/2018 | 4 | 12,000 | 0.15 | 1.2467 | 14,960.40 |
21/06/2018 | 1 | 1,323 | 0.02 | 1.2200 | 1,614.06 |
Total | 5 | 13,323 | 0.17 | 16,574.46 |
As per the above communicated sales the Company today has a total of 873,043 own shares, equal to 11.04% of the share capital.
Purchase transactions have been performed on the Mercato Telematico Azionario (MTA), according to Art. 132 of Decree No 58/98 and Art. 144 bis of Consob Regulation 11971/99.With reference to the provisions of EC Regulation n. 596/2014, the Company also reports that daily purchase do not exceed 25% of the average daily trading volume of Itway S.p.A. shares on the 20 trading days preceding the date of purchase/sell.