D4t4 Solutions Plc (AIM:D4T4) commences share repurchases on August 23, 2023, under the program mandated by the shareholders in the Annual General Meeting held on August 9, 2023. As per the mandate, the company is authorized to repurchase up to 3,982,268 shares, representing 10% of its issued share capital. The minimum price which may be paid for each ordinary share is £0.02.

The maximum price which may be paid for each ordinary share is the higher of an amount equal to 105% of the average of the middle market quotations for an ordinary share, as derived from the London Stock Exchange Daily Official List, for the five business days immediately preceding the day on which the ordinary share is purchased. The company may either cancel any shares repurchases or transfer them into treasury and subsequently sell or transfer them out of treasury or cancel them. The share repurchase program shall expire at the conclusion of the Annual General Meeting of the company or, if earlier at the close of business on November 9, 2024.

As of July 11, 2023, the company had 40,431,453 ordinary shares in issue of which 608,765 shares in treasury