Patrimoine et Commerce SA commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on June 27, 2018.

Patrimoine et Commerce SA (ENXTPA:PAT) commences share repurchases on February 18, 2019, under the program mandated by the shareholders in the Annual General Meeting held on June 27, 2018. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a price of €30 per share (excluding acquisition costs). The shares repurchased may be held for subsequent delivery of shares (in exchange, payment or otherwise) in connection with external growth operation. The repurchase program is valid for 18 months or until December 27, 2019.