NB Private Equity Partners Limited (ENXTAM: NBPE) commences share repurchases on June 23, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 15, 2023. As per the mandate, the company will repurchase up to 7,009,478 A shares, representing 14.99% of its issued share capital. The minimum price which may be paid per ordinary share will be $0.01. The maximum price which may be paid for an ordinary share is an amount equal to the highest of 5% of the average of the middle market quotations for the ordinary shares on the regulated market and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out. The repurchased shares will either be cancelled or held as treasury shares. The authority shall expire at the conclusion of the next Annual General Meeting in 2024 or 15 months from the date of passing this resolution, whichever is earlier.

Jefferies International Limited acted as broker to the company.