Ekopol Gornoslaski Holding S.A. (WSE:EGH) commences share repurchases on September 1, 2016 under the program mandated by the shareholders in the Extraordinary General Meeting held on August 3, 2016. Under the plan, the company will repurchase maximum of 200,000 units. The repurchase of company's own shares may take place at a price not higher than PLN 6.00 per share and at a maximum price of PLN 0.5 million. The company will purchase its own shares exclusively for redemption or further resale. The ultimate number of shares, the method, price, and time limit of their purchase as well as the conditions of potential resale will be defined by the Management Board, in accordance with the provisions of this resolution. The acquisition of company's own shares may be made only by placing broker's orders. The repurchase program may take place no later than August 31, 2017, or until the exhaustion of the funds allocated for the repurchase.