0001648416-23-000062.txt : 20230320 0001648416-23-000062.hdr.sgml : 20230320 20230320164918 ACCESSION NUMBER: 0001648416-23-000062 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20230317 FILED AS OF DATE: 20230320 DATE AS OF CHANGE: 20230320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ferrari N.V. CENTRAL INDEX KEY: 0001648416 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37596 FILM NUMBER: 23746867 BUSINESS ADDRESS: STREET 1: VIA ABETONE INFERIORE N. 4 CITY: MARANELLO STATE: L6 ZIP: I-41053 BUSINESS PHONE: 00390536949111 MAIL ADDRESS: STREET 1: VIA ABETONE INFERIORE N. 4 CITY: MARANELLO STATE: L6 ZIP: I-41053 FORMER COMPANY: FORMER CONFORMED NAME: NEW BUSINESS NETHERLANDS N.V. DATE OF NAME CHANGE: 20150717 6-K 1 fnvbb20032023prcov.htm 6-K Document



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2023
Commission File No. 001-37596
_______________________________
FERRARI N.V.
(Translation of Registrant’s Name Into English)

_______________________________
Via Abetone Inferiore n.4
I-41053 Maranello (MO)
Italy
Tel. No.: +39 0536 949111
(Address of Principal Executive Offices)
_______________________________

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g32(b): N/A







    



The following exhibit is furnished herewith:
Exhibit 99.1    Press release issued by Ferrari N.V. dated March 20, 2023.







SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 20, 2023FERRARI N.V.
By:/s/ Antonio Picca Piccon
Name:Antonio Picca Piccon
Title:Chief Financial Officer




Index of Exhibits
Exhibit
Number    Description of Exhibit

99.1        Press release issued by Ferrari N.V. dated March 20, 2023.


EX-99.1 2 fnvbb20032023prex.htm EX-99.1 Document



Exhibit 99.1


FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM




Maranello (Italy), March 20, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Second Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:

EXM
NYSE
Total
Trading


  Date


 (d/m/y)
Number of
 common
shares
purchased


Average
 price per
 share

excluding
fees

(€)



Consideration
excluding fees





(€)

Number of
 common
shares
 purchased


Average
price per
share

excluding
fees

($)



Consideration
excluding fees





($)



Consideration
excluding fees





(€)*

Number of
 common
 shares
purchased


Average
price per
share

excluding
fees

(€)*



Consideration
excluding fees





(€)*

13/03/20234,550243.28241,106,934.925,722260.70081,491,729.981,393,358.8410,272243.40872,500,293.76
14/03/20234,555243.17751,107,673.515,459262.17791,431,229.161,332,987.9410,014243.72492,440,661.45
15/03/20234,575242.02821,107,279.026,283255.53981,605,556.561,521,998.8310,858242.15122,629,277.85
16/03/20234,530244.35751,106,939.484,530244.35751,106,939.48
17/03/20234,500246.36711,108,651.955,131258.93691,328,605.231,250,687.419,631244.97352,359,339.36
Total22,710243.83445,537,478.8822,595259.22205,857,120.935,499,033.0245,305243.604711,036,511.90


(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase



Since the announcement of such Second Tranche till March 17, 2023, the total invested consideration has been:
Euro 84,705,847.64 for No. 374,358 common shares purchased on the EXM
USD 22,150,535.52 (Euro 20,868,549.48*) for No. 91,310 common shares purchased on the NYSE.

On March 15, 2023, in the Ferrari Group employees’ granting share process, the Company assigned No. 80,305 common shares held in treasury. On the same day Ferrari purchased, in a “cross order” transaction executed on the EXM, No. 34,671 common shares in order to cover individual's taxable income as standard practice (Sell to Cover) at the average price of Euro 243.6708 per share.












Ferrari N.V.
Amsterdam, The Netherlands











Registered Office:
Via Abetone Inferiore N. 4,
I – 41053 Maranello (MO) Italy











Dutch trade registration number:
64060977
corporateweb.jpg





As of March 17, 2023, the Company held in treasury No. 12,247,663 common shares equal to 4.77% 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.

Since July 1, 2022 until March 17, 2023, the Company has purchased a total of 1,274,076 own common shares on EXM and NYSE, including transactions for Sell to Cover, for a total consideration of Euro 264,748,387.14.

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 (https://www.ferrari.com/en-EN/corporate/buyback-programs).





For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
2
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