Amati AIM VCT plc (LSE:AMAT) commences share repurchases on June 18, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 9, 2021. As per the mandate, the company is authorized to repurchase up to 14.99% of its issued share capital. The shares will be repurchased at a minimum price of 5 pence per share and at a maximum price of an amount equal to 105% of the average of the middle market quotations for such shares taken from London Stock Exchange Daily Official List for the five business days immediately preceding the day on which the purchase is made. Unless previously varied, revoked or renewed, the share repurchase program shall expire on the earlier of the date of the annual general meeting of the company to be held in 2022 and the date which is 15 months after the date on which this resolution is passed.