ENAV has launched a treasury share buyback programme

ENAV has launched a treasury share buyback programme

(Tiper Stock Exchange) – ENAV communicated that, in execution of the resolution passed by the Shareholders’ Meeting on 3 June 2022, it intends to bootstarting from 30 January 2023the treasury share buyback programme in compliance with the terms and conditions of the legislative and regulatory provisions in force and according to the terms and conditions of the aforementioned shareholders’ resolution.

The program is aimed, in particular, at the purchase of ENAV ordinary shares, to be used to service the remuneration policies adopted by the Company and specifically in order to fulfill the obligations deriving from share option programs or other assignments of shares to employees o to members of the administrative bodies of the Company and/or of directly or indirectly controlled companies.

on 28 June 2022, the Company’s Board of Directors granted the Chief Executive Officer, directly or through a person appointed by him, the power to proceed with the purchase of treasury shares. The number maximum Of own actions that could be purchasedin one or more times, is equal to 1,300,000for a duration of eighteen months starting from 3 June 2022, the date of the resolution of the Shareholders’ Meeting.

As of 27 January 2023, ENAV holds 370,519 treasury shares in portfolio.

In Piazza Affari, today, a slight decrease for ENAVwhich closed down by 0.38%.

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