Ingenta plc (AIM:ING) announces a share repurchase program. Under the program, the company will repurchase up to 1,796,484 shares, representing 11% of its issued share capital for £2.07 million. The shares will be repurchased at a price of £1.15 per share.

Any Ordinary Shares repurchased by the company will be cancelled. The purpose of the program is to return value to Shareholders. The program will be financed solely from the company's existing cash resources.

The program is subject to approval from shareholders at the general meeting. The record date for the program is set at November 11, 2022. The program is valid till November 11, 2022.

As of October 24, 2022, the company had 16,331,679 shares in issue excluding the 587,930 ordinary shares held in treasury.