Mortice Limited (AIM:MORT) commences share repurchases on July 8, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on May 17, 2019. As per the mandate, the company is authorized to repurchase up to 1,458,333 ordinary shares, at a purchase price of £1.20 per share for a total of £1.75 million. The company will repurchase its shares from Gerard McGrath and Kathleen McGrath, the vendors of Elite Cleaning & Environmental Services Ltd. The shares repurchased will be cancelled.