Allerød, 2016-09-09 10:12 CEST (GLOBE NEWSWIRE) -- The Board of Directors of Matas have resolved to initiate a share buyback programme in accordance with the provisions of Article 5 of Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Regulation 2016/1052, also referred to as the "Safe Harbor" rules. Please refer to company announcement no. 15 dated 30 August 2016.
The programme, which was initiated with a view to cancelling the shares bought back, amounts to DKK 150 million and runs from and including 1 September 2016 through 31 March 2017 at the latest.
Under the share buyback programme, the following transactions have been made during the period 1 September 2016 – 8 September 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 1 September 2016 | 12,000 | 124.35 | 1,492,200 |
| 2 September 2016 | 12,000 | 124.93 | 1,499,160 |
| 5 September 2016 | 12,000 | 124.57 | 1,494,840 |
| 6 September 2016 | 11,000 | 124.70 | 1,371,700 |
| 7 September 2016 | 11,000 | 124.24 | 1,366,640 |
| 8 September 2016 | 10,879 | 124.48 | 1,354,218 |
| Accumulated the last 6 trading days | 68,879 | 124.55 | 8,578,758 |
| Accumulated under the program | 68,879 | 124.55 | 8,578,758 |
Following the transactions, Matas has purchased a total number of 68,879 shares since 1 September 2016 and holds 330,827 treasury shares, equivalent to 0.84% of the company's total share capital.
We enclose share buy-back transactions data in detailed form provided in accordance with the Commissions delegated regulation (EU) 2016/1052 of 8 March 2016.
Please address any questions to Søren Mølbak, Head of Investor Relations, at tel +45 48 1655 48.
Matas A/S
