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Ubi Banca, buyback for the staff incentive plan

The bank led by Victor Massiah has purchased 150 ordinary shares of UBI Banca to support the incentive plan for key personnel

UBI Banca, in execution of the resolution of the shareholders' meeting of 7th April 2017 relating to the purchase of treasury shares to service the long-term incentive plan for the Group's Key Personnel, proceeded with the purchase of a total of no. 150.000 UBI Banca ordinary shares.

These shares were purchased at a weighted average price of Euro 4,39381 per share, with a value date of 6 October 2017. The purchase operations were carried out on the MTA regulated market managed by Borsa Italiana SpA in compliance with the limits indicated by the shareholders' authorization (already disclosed pursuant to article 144 bis of Consob Regulation 11971/99 and article 132 of Legislative Decree no. 58/98) and in compliance with the conditions established in Regulation (EU) 596/ 2014 and related implementing provisions.

Following the purchases made so far as part of the programme, UBI Banca holds a total of no. 2.984.880 treasury shares, equal to 0,26% of the share capital.

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