UR Holding S.p.A.
UR Holding S.p.A.:
UR Holding S.p.A. / Share Buyback Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Buyback of 100,000 shares by middle management and the holding company Stefan Haas confirmed as CFO by Annual General Meeting Increased transparency through voluntary declaration of directors' dealings Milan, 5 March 2008: The middle management of UR Holding S.p.A. and the holding company have bought back a total of approx. 100,000 treasury shares via the stock market since December 2007. The basis for the share buyback by the holding company was the authorisation by the Annual General Meeting on 23 December 2007 to acquire treasury stock up to a level of 10% of the share capital and up to a maximum share price of €3.25. In the first transaction, the holding company bought back 40,000 shares at an average price of approx. €1.50. The middle management of UR Holding S.p.A. also took the opportunity to acquire shares in the company at an attractively low price. Managers and employees from a wide variety of regions, including Spain, the UK and Germany, purchased a total of 60,000 shares via the market. Mr Stafan Haas, whose appointment as CFO was confirmed by the Annual General Meeting, is pleased with the increase in the stakes of the middle management and other employees, and regards it as confirmation of the strong management commitment and the positive long-term corporate prospects. Securities transactions by the holding company and the management will be disclosed in reports on a quarterly basis in future. This voluntary disclosure of directors' dealings is another element in increasing transparency towards the financial community, and thus helps to build confidence. The Board of Directors Company contact: UR Holding S.p.A. Viale Edison 44 I-20090 Trezzano s/N (Mi.) Phone: +39-02-484-0158-0 Fax: +39-02-484-0158-1 financials@ur-home.com www.ur-home.com Investor Relations: GFEI mbH Hamburger Allee 26-28 D-60486 Frankfurt Phone: +49-(0)-69-743-037-00 Fax: +49-(0)-69-/-743-037-22 ir-urgroup@gfei.de www.gfei.de 05.03.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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