Racing Force's Update on Share Buyback Program

Racing Force S.p.A. (RFG), the parent company of Racing Force Group, has issued an update on its ongoing share buyback program. This program, authorized by the Shareholders' Meeting on April 29th, 2024, saw the purchase of 403 RFG shares from September 16th to 20th, 2024. The acquisition, which represents 0.0015% of the share capital, was executed at an average price of Euro 4.23 per share, totaling Euro 1,704.24.

The intermediary responsible for these transactions was Equita SIM S.p.A., identified by LEI code 815600E3E9BFBC8FAA85. The details of each daily transaction during this period have been disclosed in compliance with the Delegated Regulation (EU) 2016/1052.

As a result, Racing Force now holds 21,982 treasury shares, which equals 0.0803% of its share capital. This buyback aims to optimize the company's capital structure and enhance shareholder value.