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AFM follows CONSOB short sell measure concerning SAIPEM

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Announcement from the AFM of the notification of decision under Article 23 of “Short Selling Regulation” no. 236/2012 – in relation to the CONSOB announcement of 30 January 2013 pertaining to SAIPEM shares.

Announcement on website CONSOB concerning measure

1. Scope:
a) Financial instrument concerned: SAIPEM shares (ISIN code: IT0000068525)
b) Trading Venue concerned: NYSE ARCA Europe

2. Nature of the emergency measure:
a) Short sale prohibition;
b) -
c) Any natural or legal person.

3. Exemptions to the measure: Market making activities, as defined in article 2(1)(k) of the “Short Selling” Regulation.

4. Entering into force of the measure and duration:
a) Entry into force: 31st of January 2013
b) Duration: 1 day

The AFM is committed to promoting fair and transparent financial markets.

As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.

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