Amaro (UD), October 15th, 2008
Pursuant to the article 144-bis of Italian Consob Regulations n. 11971/1999 and subsequently supplemented and amended, Eurotech S.p.A. notifies the intention of launching a stock buy-back program as regulated by the Shareholder’s meeting of May 7th, 2007.
Today’s Board of Directors, within the limits authorised by the Shareholder’s meeting, approved to buy within November 7th, 2008 a maximum number of 700,000 (sevenhundred thousand) ordinary shares (1.97% of the share capital). The purchase price will not exceed 20% of the average stock price registered in the preceding 30 days of Stock Exchange trading session and it will not be below 20% of the average stock price registered in the preceding 30 days of Stock Exchange trading session.
The purchase of shares shall be executed following all regulations, especially Regulation (CE) n. 2273/2003, in accordance with the operational procedures set in the organisational and management regulations of the markets in order to ensure equal treatment to all shareholders.
Eurotech will communicate the transactions weekly, specifying the number of shares purchased, the average unit price and the total number of shares purchased since the start of the plan