Origin Enterprises plc (ISE:OIZ) announces a share repurchase program. Under the program, the company will repurchase up to €20 million worth of its ordinary shares. The Company has entered into irrevocable, non-discretionary arrangements with J&E Davy ("Davy") to repurchase shares.

The program will be conducted in two tranches, the second of which is conditional on approval of a new repurchase authority to be sought by the Company at its next Annual General Meeting (the "2022 AGM"), which is expected to be held on or around November 22, 2022. The purpose of the program is to reduce the share capital of the company. The repurchased ordinary shares will be held in treasury pending their cancellation or re-issue in due course.

The program is valid until March 31, 2023.