Gresham House Strategic plc (AIM:GHS) commences share repurchases on November 15, 2019, under the program mandated by the shareholders in the Annual General Meeting held on September 19, 2019. As per the mandate, the company is authorized to repurchase up to 533,300 shares. The minimum price which may be paid per ordinary share will be £0.5. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the daily official list for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The company will consider exercising the option of holding repurchased shares in treasury. The share repurchase program will expire at the conclusion of the next Annual General Meeting or September 30, 2020, whichever is earlier, unless previously renewed, varied, or revoked by the company in a general meeting. As of June 25, 2019, the company had 3,555,330 ordinary shares in issue.