OREANDA-NEWS. The Board of Directors of lastminute.comN.V has approved the resolution to increase the maximum amount of the share buyback started on 17 September 2014 from EUR 10 million to EUR 18 million.

The bearer shares repurchased are to be used for lastminute.comgroup's employee stock rewarding plans, including 2011-2013 stock options plans and the currently active Long Term Incentive Plan and to finance acquisitions. The share buyback is being executed through Sealine Investments L.P., Edinburgh, Scotland, fully consolidated by lastminute.com, or lastminute.comN.V. itself and will end on 16 September 2016 at the latest.

Until 17 June 2015, 501,044 bearer shares were repurchased in the share buyback.

About lastminute.com group

As European leader in the online travel and leisure industry, lastminute.com group aims to be a smart travel provider by leveraging technology to simplify the life of travellers. Across its portfolio of well known brands such as lastminute.com, Bravofly, Rumbo, Volagratis and Jectcost, customers find an extensive offering for all their needs: they can search, book and manage flights, hotels, holidays, city breaks, cruises, car hire as well as other travel and leisure related products. Through websites and mobile apps in 15 languages and across 35 countries more than 10 million customers book their travel and leisure experiences every year. lastminute.com NV is a publicly traded company listed under the ticker symbol LMN on SIX Swiss Exchange.