IKTINOS HELLAS S.A. GREEK MARBLE INDUSTRY TECHNICAL AND TOURISTIC COMPANY Iktinos Hellas SA (ATSE:IKTIN) commences share repurchases on May 2, 2014 under the program mandated by the shareholders in the Annual General Meeting held on April 29, 2014. 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 April 29, 2014, the company has 28,580,100 shares of the share capital.
