Share repurchase programme

The Company's capital allocation policy prioritises enhancing growth of the business, both organically and through select inorganic opportunities as they arise, whilst maintaining an appropriate level of liquidity headroom and returning excess capital to shareholders where appropriate (with the final priority being the purpose of the Repurchase Programme).  

ATG will execute the Repurchase Programme in two tranches. In respect of the first tranche, ATG has entered into a discretionary agreement with Numis Securities Limited ("Deutsche Numis") to purchase Ordinary Shares for an aggregate value (excluding expenses) of up to $20 million pursuant to the Repurchase Programme (the "Initial Tranche"). Purchases of Ordinary Shares under the Initial Tranche, if any, will commence today and end no later than the date of the Company's next Annual General Meeting and will be carried out on the London Stock Exchange.