Jupiter Primadona Growth Trust plc commences share repurchases on November 15, 2017, under the program mandated by the shareholders in the Annual General Meeting held on November 15, 2017. As per the mandated, the company is authorized to repurchase up to 1,988,314 shares, representing 14.99% of its issued share capital. The minimum price which may be paid by the company will nominal value and the maximum price which may be paid by the company will higher of 105% of the average middle market quotations for an ordinary share taken from the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which the Ordinary share is purchased and the higher of the price of the last independent trade and the highest current independent bid as stipulated by Article 5(1) of Commission Regulation EC 22 December 2003 implementing the Market Abuse Directive as regards exemptions for buyback program and stabilisation of financial instruments (No. 2273/2003). The plan will continue until the conclusion of the next Annual General Meeting to be held in 2018, save that the company may, prior to such expiry, enter into a contract to purchase shares which will or may be completed or executed wholly or partly after such expiry, unless renewed. As at June 30, 2017 the company had 21,899,965 ordinary shares in issue and 8,359,689 ordinary shares in treasury.