Leone Film Group S.p.A. (BIT:LFG) commences share repurchases on April 27, 2015, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2015. As per the mandate, the company is authorized to repurchase up to 300,000 ordinary shares, representing 2.13% of its share capital, for a maximum total value of €1 million. The purpose of the program is to enable the company to have an effective and flexible management and strategic instrument aimed at enhancing the value of the shareholder, also by acting, in compliance with current regulations, through intermediaries, in the event of any fluctuations in the company's securities, as a tool to support the liquidity of the shares for a fixed period of time, so as to facilitate the smooth running of the trading and to avoid price movements in line with the market trend.

In addition, purchases will make it possible to create a "Warehouse of Securities" for possible stock allocation programs or stock options or other share-grant programs for employees or directors of the issuer or a subsidiary, as well as having a portfolio of securities to be used in any extraordinary transactions .The program will run a period of 18 months from the date of Annual General Meeting. As of April 22, 2015, the company has 14,093,394 ordinary shares in issue.