IT Link (ENXTPA:ITL) commences share repurchases on July 1, 2015 under the program mandated by the Annual General Meeting held on June 26, 2014. As per the mandate, the company is authorized to repurchase up to 10% of the total number of shares such that its treasury does not exceeds 10% of issued share capital. The shares will be repurchased at a maximum price of €12 per share.

The shares will be repurchased to retain and tender of the shares as exchange or payment within the framework of external growth deals, to tender shares at the time of the exercise of rights attached to debt securities giving right through conversion, exercise, settlement or exchange with the attribution of Company shares, within the framework of the stock exchange regulation, to allot shares particularly to the employees of the Company or companies which are dependent to it, by attribution of call options of shares within the framework provisions of items L.225-179 and following of the commercial law or attribution of free shares within the framework of the provisions of items L.225-197-1 of the commercial law, within the framework of their remuneration or for theirs stake in the fruits of the expansion of the company or in the event of a fund-raising of call options, or within the framework of a shareholding plan or a company savings plan, to lead the market of the securities of the company, through an investment services provider acting in all independence within the framework of a liquidity contract in conformity to the ethics charter recognized by the AMF, to cancel shares. The shares will be repurchased until December 9, 2015.