Bridgepoint Group plc (LSE:BPT) commences share repurchases on May 16, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 15, 2024. As per the mandate, the company is authorized to repurchase up to 79,413,999 shares, representing 10% of the Company?s issued ordinary share capital. The minimum price which may be paid for an ordinary share is the nominal value of an ordinary share at the time of such purchase and the maximum price which may be paid for an ordinary share is not more than the higher of 105 per cent of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange plc?s Daily Official List for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time.

The shares repurchased will either be cancelled or held in treasury. The authority shall expire at the conclusion of the Company?s next Annual General Meeting after this resolution is passed or, if earlier, at the close of business on July 31, 2025. As of April 15, 2024, the company had 794,139,997 ordinary issued shares.