Lm group completes its share repurchase program and announces the launch of a new one subject to approval by AGM

lm group completes its share repurchase program and announces the launch of a new one subject to approval by AGM

Amsterdam/Chiasso, 26 April 2019 - lastminute.com N.V. announces that it ended today its share buyback started in May 2017 (the "share buyback").

Under the share buyback, 266,783 bearer shares of lastminute.com N.V. for a total of CHF 3.7M (€ 3.2M) were repurchased. The average purchase price per share was CHF 13.8453.

The bearer shares repurchased have been used for lm group's employee stock option 2011-2013 plans, and still committed to the current employee stock based long term incentive plan and/or to finance acquisitions.

Subject to approval by the Annual General Meeting on 8 May 2019 of a new share buyback program of a maximum of 559,882 shares, lastminute.com NV will continue to buy back own shares on 10 May 2019. The new share buyback will end on 7 May 2021 at the latest. The bearer shares repurchased will be used for the current employee stock based long-term incentive plan and/or to finance acquisitions.

The share buyback will be executed through lastminute.com N.V., Amsterdam or Sealine Investments L.P., Edinburgh, Scotland.

Aboutlm group

lm group is among the worldwide leaders in the online travel industry and operates a portfolio of well-known brands such as lastminute.com, Volagratis, Rumbo, weg.de, Bravofly, Jetcost and Hotelscan. The Group's mission is to be the most relevant and inspiring travel company, committed to enriching the life of travellers. Every month, the Group touches 60 million users across all its websites and mobile apps (in 17 languages and 40 countries) that search for and book their travel and leisure experiences with us. More than 1,200 people enjoy working with us and contribute to providing our audience with a comprehensive and inspiring offering of travel related products and services. lastminute.com N.V. is a publicly traded company listed under the ticker symbol LMN on SIX Swiss Exchange.

This press release may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward looking statements as a result of various factors. lastminute.com group undertakes no obligation to publicly update or revise any forward-looking statements.

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