RedFish LongTerm Capital S.p.A. (BIT:RFLTC) commences share repurchase on February 7, 2024, under the program mandated by shareholders in the Annual General Meeting held on January 18, 2024. As per the mandate, the company is authorized to purchase up to 3,825,157 shares, representing 20% of its share capital for ?2 million. The price to be paid for repurchase should not deviate more than 25% from the highest price between the price of the last independent transaction and the price of the current independent purchase offer on the trading venue where the purchase is made.

The purpose of the program is to support the liquidity of the shares, to efficiently use company's liquidity with a medium and long-term investment perspective term, to allow purchases of shares from beneficiaries of any stock option plans and/or stock grant plans, to use shares in the context of operations connected to the core management or projects consistent with the strategic lines of the Company, to dispose own shares and to use shares for consideration in the context of any operations of an extraordinary nature, such as, by way of example and not limited to, acquisitions, mergers, demergers. The authorization will be valid for 18 months. As of January 18, 2024, the company had 19,125,786 issued shares and no treasury shares.