LAMDA Development S.A. announces the following:

A. The Annual General Meeting of the Shareholders dated the 15 June, 2017 approved the acquisition of own shares through the Athens Exchange, in accordance with the article 16 of C.L. 2190/1920, under the following conditions:

The Company will acquire own shares up to 24 months from the date of the Annual General Meeting, that is until 15.6.2019.

The maximum number of own shares to be acquired during the abovementioned period will not exceed the 10% of the total paid share capital throughout this period, including the already purchased.

The acquisition of the abovementioned own shares will take place at a maximum acquisition price of 10.00 euros per share and a minimum acquisition price equal to its nominal value price, i.e. 0.30 euros per share.

The Board of Directors was authorized to determine the specific terms and details for the implementation of the program.

B. Further to the above resolution, the Board of Directors decided on its meeting on the 15, June 2017, that the Company will purchase own shares during the period from 16.6.2017 until 15.6.2019.

Lamda Development SA published this content on 19 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 June 2017 06:45:14 UTC.

Original documenthttp://www.lamdadev.com/en/investors-information/company-news/announcements/5183-announcement-for-the-purchase-of-own-shares-2.html

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