Geiger Counter Limited (LSE:GCL) commences share repurchases on April 19, 2024, under the program mandated by the shareholders in the Annual General Meeting held on March 6, 2024. As per the mandate, the company is authorized to repurchase up to 14.99% of the aggregate number of ordinary shares in issue. The company will pay a minimum price of 1p per share and a maximum price of 5% above the average of the middle market quotations for an ordinary share for the five business days immediately preceding the date on which such ordinary share is contracted to be purchased.

The repurchased shares will be held in treasury. The program will be valid for 18 months, unless previously revoked, varied or renewed by the company in general meeting.