ESPI 48/2018 The decision regarding the intended purpose of the bought-back own shares

The Board of Directors of IMS S.A. (“Company”, “Issuer”) informs that today, acting based on the authorisation included in resolution No.19 of 9 June 2016 and resolution No.19 of 25 May 2017 with reference to resolution No.26 of 6 June 2018 of the Annual General Meeting of Shareholders of the Company regarding the authorisation of the Board of Directors to acquire own shares, adopted a resolution regarding the indication of the purpose of using own shares in the number of 1,256,375 (representing 3.75% of the share capital and giving right to 1,256,375 votes, 3.75% of all votes at the general meeting) acquired under the Company’s Own Shares Buy-back Programmes conducted in the mode specified in resolution No.1 of 26.09.2016, resolution No.1 of 13.02.2018 and resolution No.1 of 29.06.2018 of the Issuer’s  Board of Directors.

The Board of Directors of the Company decided to intend these shares for redemption.

The Board of Directors recommends to the coming General Meeting of the Issuer to redeem the own shares currently held and all other shares bought back by the Company by the end of 2018 under the Company’s Own Shares Buy-back Programme.

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