EX-99 2 fnvbb30919prex.htm EXHIBIT 99 Exhibit




Exhibit 99.1



Ferrari N.V.: periodic report on the buyback program



Maranello (Italy), 30 September 2019 - Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the second tranche of the common share buyback program announced on 1 July 2019 (“Second Tranche”), the Company has purchased additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:


 
MTA
NYSE
Total
Trading
Date
(d/m/y)
Number of common shares purchased
Average price per share
excluding fees
(€)
Consideration excluding fees

(€)
Number of common shares purchased
Average price per share
excluding fees
($)
Consideration excluding fees

($)
Consideration excluding fees

(€)*
Number of common shares purchased
Average price per share
excluding fees
(€)*
Consideration excluding fees

(€)*
23/09/2019
44,320
138.5067
6,138,616.94
4,100
152.8002
626,480.82
570,305.71
48,420
138.5568
6,708,922.65
24/09/2019
16,635
137.9205
2,294,307.52
8,512
150.9029
1,284,485.48
1,167,395.70
25,147
137.6587
3,461,703.21
25/09/2019
74,249
135.0639
10,028,359.51
13,400
149.1363
1,998,426.42
1,819,729.03
87,649
135.1765
11,848,088.54
Total
135,204
136.5439
18,461,283.97
26,012
150.2919
3,909,392.72
3,557,430.43
161,216
136.5790
22,018,714.41


Since the announcement of the Second Tranche of the buyback program dated 1 July 2019 till 27 September 2019, the total invested consideration has been:
Euro 129,902,336.40 for No. 913,955 common shares purchased on the MTA
USD 25,627,312.92 (Euro 23,248,832.34*) for No. 166,585 common shares purchased on the NYSE
resulting in total No. 8,057,574 common shares held in treasury as of 27 September 2019. As of the same date, the Company held 3.13% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan.



(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase




Ferrari N.V.
Amsterdam, the Netherlands
Registered Office:
Via Abetone Inferiore N.4,
I -41053 Maranello, (MO) Italy
Dutch trade register number: 64060977


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A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).




For further Information:
tel.: +39 0536 949337
Email: media@ferrari.com
www.ferrari.com


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