Assima PLC will seek shareholder approval for a share repurchase program at its Annual General Meeting to be held on May 30, 2013. Under the program, the company will repurchase up to 350,000 shares, representing 5% of the issued share capital. The minimum price which may be paid for any such share is €1.5. The maximum price which may be paid for any such share is €5 or an amount equal to 105% of the average of closing price of ordinary shares of the company on the AlterNext for the five business days immediately before the day on which such share is contracted to be purchased, whichever is higher.

The authority will expire at the conclusion of the next Annual General Meeting of the company or on May 30, 2014, 2013, whichever is earlier.