Stilo International plc (AIM:STL) announces a share repurchase program. Under the program, the company will repurchase up to 14,734,641 shares, representing 14.93% of its issued share capital. These shares will be repurchased from Giltspur Nominees Limited, Brewin Nominees Limited and BDS Nominees Limited. The repurchased shares will be cancelled. The share repurchases will be financed out of the existing cash reserves and working capital resources and will be paid out of the company's distributable reserves. The company fixed September 13, 2019, as record date and closing date for the offer.