Worldwide Healthcare Trust PLC (LSE:WWH) commences share repurchases on March 25, 2022, under the program mandated by the shareholders in the Annual General Meeting held on July 8, 2021. As per the mandate, the company is authorized to repurchase up to 9,767,822 shares, representing 14.99% of its issued share capital. The minimum price per ordinary share will be £0.25.

The maximum price which may be paid for any ordinary share shall be equal to the higher of, either the amount 105% above the average of the closing price of the company's ordinary shares as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which such share is contracted to be purchased, or the higher of the last independent trade and the highest current independent trade on the London Stock Exchange. The authority is valid till the conclusion of the Annual General Meeting of the Company to be held in 2022 or, if earlier, on the expiry of 15 months from the date of the passing of this resolution. As of June 2, 2021, the ocmpany had 65,062,255 ordinary shares in issue.