Acencia Debt Strategies Limited commences share repurchases on June 11, 2015, under the program mandated by the shareholders in the Annual General Meeting held on May 27, 2015. As per the mandate, the company is authorized to repurchase up to 14.99% of the issued share capital of the company. The shares will be repurchased at a minimum price of 1p per share.

The maximum price which will be paid per share shall be 105% of the average of the middle market quotations (as derived from the Daily Official List) of the shares for the five business days immediately preceding the date of purchase. The shares will be repurchased on the market. The repurchased shares will be held either in treasury or will be subject to cancellation.

The authority will be valid till the next Annual General Meeting to be held in 2016.