Cassa di Risparmio di Asti S.p.A. (the “Bank”) announces, following the conclusion on June 28, 2026 of the “Observation Period” (as defined in the “Vorvel Equity Auction Rules – Book 2”) and the simultaneous expiry of the share buyback program launched on June 29, 2025, the launch of a new ordinary liquidity support program pursuant to Article 8 of the “Vorvel Equity Auction Rules – Book 2”, the main features of which are set out below.
| Issuer | Cassa di Risparmio di Asti S.p.A. |
| Entity carrying out the liquidity support activity | Cassa di Risparmio di Asti S.p.A., through the “share buyback fund” |
| Financial instrument subject to the liquidity support program | Cassa di Risparmio di Asti S.p.A. shares (ISIN IT0001090783). |
| Trading venue | Vorvel Equity Auction segment of the Vorvel multilateral trading facility (the “Market”). |
| Duration of the liquidity support program | One year starting from today, in line with the duration of the new “Observation Period”, subject, from time to time, to the validity of the authorization granted by the Shareholders’ Meeting pursuant to Article 2357 of the Italian Civil Code and the authorization of the Bank of Italy pursuant to Articles 77 and 78 of Regulation (EU) No. 575/2013. |
| Type of intervention | Purchase. |
| Amount allocated to the liquidity support activity | Purchase of shares for a maximum consideration of Euro 7,000,000, in compliance, from time to time, with the limits set by the authorization of the Shareholders’ Meeting pursuant to Article 2357 of the Italian Civil Code and the authorization of the Bank of Italy pursuant to Articles 77 and 78 of Regulation (EU) No. 575/2013. |
| Execution methods of the liquidity support activity | The Bank may decide, at its sole discretion, the timing and methods of any intervention, subject to the following limits:• purchase price: the shares may be purchased at a minimum unit price, determined from time to time for each single transaction, not lower than the minimum price limit for order entry set out in the Market Rules, and at a maximum unit price not higher than the maximum price limit for order entry set out in the Market Rules with reference to the weekly auction in progress on the date of the purchase transaction; • trading volume: a maximum of 30,000 shares may be purchased for each weekly auction. |
| Circumstances that may lead to temporary interruption, suspension or termination of the liquidity support activity | (i) corporate transactions, (ii) inability to operate for reasons not attributable to the Bank, (iii) regulatory changes or amendments to the Market Rules, (iv) measures adopted by the supervisory authorities or the Market operator, (v) incompatibility between the conditions set by the Bank’s Shareholders’ Meeting and the conditions applicable on the Market. The Bank will not carry out purchases during the 30 calendar days prior to the announcement of an interim financial report or a year-end report that the Bank is required to disclose in accordance with: (a) the Market Rules, or (b) national law. |
| Additional relevant operating conditions | Reference is made to the “Policy for the purchase of treasury shares of Cassa di Risparmio di Asti S.p.A.” available on the Bank’s website (https://bancadiasti.it/), in the “Investor Relations” section.The Bank is under no obligation to execute the program, in whole or in part, and may suspend, interrupt or modify it at any time, for any reason. For information on the treasury share purchase transactions carried out under the program launched on June 29, 2025, please refer to the disclosure available on the Bank’s website (https://bancadiasti.it/), in the “Investor Relations” section. |
The Bank is under no obligation to execute the program, in whole or in part, and may suspend, interrupt or modify it at any time, for any reason. For information on the treasury share purchase transactions carried out under the program launched on June 29, 2025, please refer to the disclosure available on the Bank’s website (https://bancadiasti.it/), in the “Investor Relations” section.
Elena Rossignoli Head of Legal and Corporate Affairs Tel 0141 393 510 E-mail [email protected] | Roberta Viarengo Head of General Secretariat and Shareholders’ Office Tel 0141 393 258 E-mail [email protected] |