Linedata Services S.A. (ENXTPA:LIN) commences share repurchases on September 15, 2021, under the program mandated by the shareholders in the Annual General Meeting held on June 18, 2021. As per the mandate, the company is authorized to repurchase up to 729,335 shares, representing 10% of its share capital, such that the company's holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time, for a total consideration of €45 million. The shares will be repurchased at a price of €65 per share.

The purpose of the repurchase program is to allow the honoring of obligations related to stock option programs or other allocations of shares to employees, former employees and corporate officers, delivery of shares as payment or otherwise in the context of external growth, merger, demerger or contribution operations, cancellation of all or part of the shares thus repurchased and promote the liquidity. The share repurchase program is valid for 18 months. As of June 18, 2021, the company had 6,335,219 shares excluding treasury shares and 182,931 shares in treasury.