Olympique Lyonnais Groupe SA commences an Equity Buyback Plan for 10% of its issued share capital, for €54.78 million under the authorization approved on December 5, 2018.

Olympique Lyonnais Groupe SA (ENXTPA:OLG) commences share repurchases on January 14, 2019 under the program mandated by the shareholders in the Joint General Meeting held on December 5, 2018. As per the mandate, the company is authorized to repurchase up to 10% of its own shares for not more than €54.78 million. The shares will be repurchased at a price of not more than €10 per share. The purpose of the buyback is to reduce the capital by cancellation of all or part of the shares and/or for preservation and subsequent delivery to the exchange or as payment in the context of external growth operations. The plan will be valid for 18 months.