Robinson Europe Spolka Akcyjna (WSE:RBS) commences share repurchases on June 17, 2015 under the program mandated by the shareholders in the Annual General Meeting held on April 30, 2015. As per the mandate, the company is authorized to repurchase up to 20% of its share capital. The maximum price which the company will pay for its shares is PLN 16 per share and the minimum price will be PLN 1 per share.

The repurchases will take place by way of placing broker orders, concluding blocks transactions and outside of a regulated market, as well as through the financial institutions. The shares will be acquired in order to resale them, to implement the employee incentive program and for the current business activity of the company. The company, in order to finance the acquisition of its own shares, decides to create a capital reserve fund which amounts to PLN 1.5 million.

The management has been authorized to take all legal actions connected with the purchase of the treasury shares on conditions and under the mode fixed in the repurchase program. The repurchase program will be valid for a period of 36 months, but no longer than to the moment of exhausting of the financial means for repurchase.