Phoenix Global Resources plc (AIM:PGR) commences share repurchases on June 26, 2019, under the program mandated by the shareholders in the Annual General Meeting held on June 25, 2019. As per the mandate, the company is authorized to repurchase up to 2,000,000 shares from Magnus International S.A. The repurchase program is valid for a period of 18 months from passing of this resolution or if earlier if maximum number of share are repurchased under the program.