Oleeo Plc (AIM:OLEE) announces a share repurchase program. Under the program, the company will repurchase up to 1,348,124 shares, representing 17.67% of its issued share capital. The shares will be repurchased at a price of £1.65 per share. The shares repurchased will be cancelled. The share repurchases will be funded from company's cash reserves. The purpose of the share repurchases is to meet the ongoing working capital adjustments. The offer needs to be approved by the shareholders in General Meeting to be held on December 3, 2019. The company fixed December 5, 2019, as Record Date for the offer. The offer is valid till December 5, 2019. As of November 6, 2019, the company had 7,628,054 shares are in issue.