Officiis Properties SA (ENXTPA:OFP) commences share repurchases in February 2019 under the program mandated by the shareholders in the Combined General Meeting held on September 14, 2018. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital such that the percentage is capital adjusted for the operations of the company, or by way of indication, for €0.45 million. The shares will be purchased at a price not greater than €3 per share. The purpose of the repurchase program is to ensure the liquidity of transactions and the regularity of quotations of the company's securities under a liquidity contract concluded with an investment service provider acting in compliance with a code of ethics recognized by the AMF. The repurchased shares will be either be retained with a view to deliver them at a later date on the exercise of rights attached to securities giving access to the capital of the company or hold them for subsequent delivery in payment or exchange in the context of a merger, spin-off or contribution transaction, otherwise will be cancelled fully or partially in order to reduce share capital. The repurchase program is valid for a period of 18 months from shareholders' approval.