EX-99 2 fnvbb161219prex.htm EXHIBIT 99 Exhibit




Exhibit 99.1



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

 


Maranello (Italy), 16 December 2019 - Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:



Trading
Date
(dd/mm/yyyy)
Stock Exchange
Number of common shares purchased

Average price per share
excluding fees


Consideration excluding fees



(€)
09/12/2019
MTA
13,386
148.8002
1,991,839.74
10/12/2019
MTA
7,084
148.2355
1,050,100.45
11/12/2019
MTA
7,289
149.1079
1,086,847.80
12/12/2019
MTA
5,525
149.6034
826,558.90
13/12/2019
MTA
14,731
148.7607
2,191,394.15
Total
48,015
148.8439
7,146,741.04


Since the announcement of the Third Tranche of the buyback program dated 14 November 2019 till 13 December 2019, the total invested consideration has been Euro 29,782,190.39 for No. 197,769 common shares purchased on the MTA resulting in total No. 8,595,376 common shares held in treasury as of 13 December 2019. As of the same date, the Company held 3.34% 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.






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



1





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





2