Press release
REPORT ON THE TREASURY SHARES BUY-BACK PLAN OF
PIQUADRO S.P.A.
Silla di Gaggio Montano (BO), January 9, 2023. With reference to treasury shares buy-backplan, Piquadro S.p.A. hereby announces that, during the period from January 2nd to January 6th, 2023, it purchased no. 1,236 treasury shares for a total consideration of 2,406.52 Euro, as authorized by the shareholders' meeting on July 25th, 2022, already disclosed pursuant to Art. 144-bisof Consob Regulation no. 11971/1999.
Details of the daily transactions on the Euronext Milan are as follows:
Number of ordinary | Average price (Euro) | Consideration | |
Date | |||
shares purchased | (Euro) | ||
01/02/2023 | 500 | 1.9500 | 975.00 |
01/04/2023 | 736 | 1.9450 | 1,431.52 |
Total | 1,236 | 1.9470 | 2,406.52 |
Following the above purchases and considering the treasury shares already in portfolio, as of January 6th, 2023 Piquadro S.p.A. holds no. 1,790,446 treasury shares, equal to 3.5809% of the share capital.
Piquadro Group
The Piquadro Group operates in the sector of leather accessories through the Piquadro, The Bridge and Lancel brands. Cornerstones for the three brands is attention to details and the quality of the workmanship as well as the leather but the Piquadro product stands out for its innovative design and technological content, while The Bridge emphasizes the vintage flavor of Tuscan craftsmanship and finally the Lancel collections embody the Parisian allure of a fashion house founded in 1876.The origins of the Group date back to 1987 when Marco Palmieri, now President and Chief Executive Officer, founded his company near Bologna, where it is still headquartered. The distribution network extends over 50 countries around the world and counts 176 outlets including 81 Piquadro boutiques (53 in Italy and 28 abroad including 48 DOS directly operated stores and 33 franchised stores), 13 The Bridge boutiques (13 in Italy including 11 DOS directly operated stores and 2 franchised) and 82 Lancel boutiques (61 in France and 21 abroad, of which 75 DOS directly operated stores and 7 franchised). The Group's consolidated turnover for the year 2021/2022 ended on March 31, 2022, is € 149,4 million. Piquadro S.p.A. has been listed on the Italian Stock Exchange since October 2007.
Piquadro S.p.A. | Piquadro S.p.A. |
Media Relations | CFO & Investor relator |
Paola Di Giuseppe | Roberto Trotta |
Tel +39 02 37052501 | Tel +39 0534 409001 |
paoladigiuseppe@piquadro.com | investor.relator@piquadro.com |
Nome | Nome | Codice identificativo | Codice identificativo | Data | Ora operazione | Acquisto/Vendita | Quantità | Prezzo per unità | Codice identificativo | Divisa | Numero identificativo | |
dell'Emittente | dell'Intermediario | dell'Intermediario | strumenti finanziari | operazione | (CET) | Mercato | operazione | |||||
- | - | - | - | - | - | - | - | - | - | - | - | |
Name of | Name of | Identity code | Identity code of | Day of | Hour of the transaction | Buy/Sell | Quantity | Price per unit | Identity code of | Currency | Reference number of | |
the Issuer | the Broker | of the Broker | the financial instrument | the Transaction | (CET) | the Market | the transaction | |||||
PIQUADRO | Mediobanca S.p.A. | 362 | IT0004240443 | 02/01/2023 | 15:42:38 | B | 500 | 1,9500 | EXM | EUR | 394.134 | |
PIQUADRO | Mediobanca S.p.A. | 362 | IT0004240443 | 04/01/2023 | 09:00:29 | B | 1 | 1,9100 | EXM | EUR | 409.695 | |
PIQUADRO | Mediobanca S.p.A. | 362 | IT0004240443 | 04/01/2023 | 14:02:25 | B | 735 | 1,9450 | EXM | EUR | 414.836 |
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Piquadro S.p.A. published this content on 09 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2023 10:58:02 UTC.