IKTINOS HELLAS S.A. GREEK MARBLE INDUSTRY TECHNICAL AND TOURISTIC COMPANY Iktinos Hellas SA (ATSE:IKTIN) commences share repurchases on May 29, 2015 under the program mandated by the shareholders in the Extraordinary General Meeting held on May 28, 2015. As per the mandate, the company is authorized to repurchase up to 2,858,010 shares, representing 10% of its share capital. The minimum price which may be paid is €0.40 per share and the maximum price which may be paid is €0.60 per share.
The identification process, mode of acquisition of own shares, timing and method for reallocating equity shares to the shareholders of the company will be determined by decisions of the Board of Directors of the company. The program will be valid for 12 months. As of May 28, 2015, the company has 28,580,100 shares of the share capital.
