Alpha Trust Andromeda Investment Trust SA commences share repurchases on December 16, 2016 under the program mandated by the shareholders in the Regular General Meeting held on June 7, 2016. As per the mandate, the company is authorized to repurchase its own shares such that its holding in treasury does not exceed 10% of its share capital. The maximum price that the company will pay for each share will not be more than €50 per share and will not be lower than €1 per share. The Board of Directors is authorized to take all necessary actions to implement the repurchase program. The plan will commence on July 4, 2016 and will expire after 24 months, on June 6, 2018. On June 28, 2016, the Board of Directors decided to commence the repurchase program. EFG EUROBANK SECURITIES SA and CYCLOS SECURITIES acted as brokers to the company.