M.P. Evans Group plc (AIM:MPE) commences share repurchases on June 19, 2024, under the program mandated by the shareholders in the Annual General Meeting held on June 14, 2024. As per the mandate, the company is authorized to repurchase up to 5,321,983 shares, representing 10% of its share capital. The minimum price which may be paid for each ordinary share is 10p and the maximum price which may be paid for each ordinary share shall be equal to the amount 105% of the average middle market quotations 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 of repurchase. The plan will be valid till the next Annual General Meeting of the company or June 30, 2025, whichever is earlier. As of March 19, 2024, the company had 53,219,833 shares in issue.

On June 18, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to £2 million worth of its shares. Repurchased shares will be cancelled. The repurchases will be made through a non- discretionary agreement entered into with the company?s broker. The program will commence from the date of the announcement and will expire on September 14, 2024.