Buyback program for LEM, LFB and LWI

LEM decided to start a buyback program for its own company and products.

Our aim is to control at least 51% of all outstanding shares of LEM.

We bought back 500k shares which brings down the number of outstanding shares to 1’500’000. Their market capitalization is 2’2250’000 $L.

Due to this transaction nothing will change on the profitability of LEM and we hope to continue to pay dividends of at least 90’000 $L as for August.

We don’t exclude that we will split the shares at a later time.

The buyback program also includes LFB and LWI. As both products are derivatives it makes no sense that LEM is holding shares in them and we bought back our entire participations.

LFB: There are now 46’448 shares remaining with a market capitalization of 415’245 $L
LWI: There are now 130’026 shares remaining with a market capitalization of 231’446 $L

Greetz

Casper Trebuchet

LEM, CEO
House of derivatives (LFB, LWI, and LHH as IPO)
http://lemurinvest.blogspot.com