Private Equity Managers SA announces an Equity Buyback for 133,333 shares, representing 3.9% of its issued share capital.

Private Equity Managers SA (WSE:PEM) commences share repurchases on November 9, 2017 under the program mandated by the shareholders in the Extraordinary General Meeting held on January 9, 2017. As per the mandate, the company is authorized to repurchase up to a maximum of 133,333 shares, representing 3.90% of the issued share capital. The repurchased shares will be used for further resale or disposal in performance of the obligation binding on the company or implementation of incentive programs adopted by the company. The repurchase program will expire as on December 31, 2018. On November 8, 2017, the company announced a shares repurchase program. Under the program will repurchase 125,000 own shares. The repurchases under the program will commence on November 9, 2017.