CIR, information on the buy-back |

CIR information on the buy back Financeit

(Finance) – CIRfollowing the resolution of the Board of Directors of 12 September 2022 on the continuation of the buy-back plan launched on 16 March 2022, in execution of the authorization granted by the Shareholders’ Meeting of 12 September 2022 and in compliance with the same, has announced that it has purchasedfrom 12 to 16 September 2022, overall 324,085 shares at the average unit price of € 0.4597 for a countervalue equal to 148,988.27 euros.

Following the registration of the resolution of the Extraordinary Shareholders’ Meeting on the cancellation of 170,000,000 treasury shares in the Company Register on 19 September, CIR owns as of today, 19 September, a total of 21,500,480 treasury shares, equal to the 1.94% of the share capital. CIR’s subsidiaries do not own Company shares.

In Milan, today, negative session for CIRwhich closed trading with a loss of 1.26%.