Allerød, 2016-09-16 10:47 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 9 September 2016 – 15 September 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 9 September 2016 | 12,000 | 123.46 | 1,481,520 |
| 12 September 2016 | 12,000 | 121.71 | 1,460,520 |
| 13 September 2016 | 11,000 | 122.79 | 1,350,690 |
| 14 September 2016 | 9,000 | 122.27 | 1,100,430 |
| 15 September 2016 | 10,500 | 123.71 | 1,298,955 |
| Accumulated the last 5 trading days | 54,500 | 122.79 | 6,692,115 |
| Accumulated under the program | 123,379 | 123.77 | 15,270,873 |
Following the transactions, Matas has purchased a total number of 123,379 shares since 1 September 2016 and holds 385,327 treasury shares, equivalent to 0.98% 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
