Enel informs about the purchase of treasury shares between November 25th and December 2nd, 2019 serving the 2019 Long-Term Incentive Plan and about the conclusion of the share buyback program

Rome, December 3rd, 2019 – Enel S.p.A. (“Enel” or the “Company”) announces that between November 25th and December 2nd, 2019 it acquired 93,720 treasury shares at a weighted average price of 6.76 euros per share on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. ("MTA”), for a total consideration of 633,326.20 euros.

The transaction follows up on the announcement on September 19th, 2019 concerning the start of a share buyback program that was launched to serve the 2019 Long-Term Incentive Plan, implementing the authorization granted by the Shareholders’ Meeting held on May 16th, 2019.  

On the basis of the information provided by the intermediary engaged to execute the purchases, the following table summarizes, in daily and aggregate form, Enel ordinary shares’ purchases carried out by the intermediary on the MTA during the period indicated above:

Date

Number of shares purchased

Weighted average price (euros)

Total consideration (euros)

25/11/2019

18,300

6.81

124,665.56

26/11/2019

20,000

6.81

136,112.57

27/11/2019

4,100

6.89

28,230.34

28/11/2019

4,200

6.85

28,781.77

29/11/2019

4,200

6.88

28,908.10

02/12/2019

42,920

6.68

286,627.85

Total

93,720

6.76

633,326.20

The attachment to this press release gives a daily breakdown of the purchases carried out.

Following the purchases, as of December 2nd, 2019 Enel holds 1,549,152 treasury shares, equal to 0.015238% of the share capital.

As a result of the above transactions, the share buyback program serving the 2019 Long-term Incentive Plan started on September 23rd, 2019, under which n. 1,549,152 Enel shares have been bought at a weighted average price of 6.7779 euros per share, for a total consideration of 10,499,998.93 euro, has been completed.

 

Purchase of treasury shares - 25 Nov-2 Dec 2019

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022. 

From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.