Miton Global Opportunities PLC (LSE:MIGO) commences share repurchases on November 12, 2020, under the program mandated by the shareholders in the Annual General Meeting held on September 24, 2020. As per the mandate, the company is authorized to repurchase up to 4,167,967 shares, representing 14.99% of the issued share capital of the company. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.1 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled or sold for cash. Unless previously revoked or varied, the share repurchase program shall expire at the earliest of the conclusion of the next Annual General Meeting of the company in 2021. As of July 13, 2020, the company had 27,804,985 shares.