Yatra Capital Limited (ENXTAM:YATRA) announces a share repurchase program. Under the plan, the company will redeem 2,769,231 Ordinary shares, representing up to 36% of issued share capital at a price of €6.5 per share for a total of €49.85 million. The repurchased shares will be cancelled.

Shareholders may redeem approximately 36% of their shareholding, and those who wish to redeem additional shares over and above their redemption shares may request that more of their shares (up to their entire holding) are redeemed at the redemption price. To the extent that any shareholders do not accept the redemption offer, the Board intends to redeem such additional redemption shares pro rata amongst shareholders who make such application until the redemption limit is reached. The offer will be valid till August 24, 2015.