Allerød, 2016-09-23 10:42 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 16 September 2016 – 22 September 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 16 September 2016 | 10,000 | 124.78 | 1,247,800 |
| 19 September 2016 | 8,000 | 125.55 | 1,004,400 |
| 20 September 2016 | 10,000 | 126.82 | 1,268,200 |
| 21 September 2016 | 9,000 | 127.03 | 1,143,270 |
| 22 September 2016 | 9,000 | 128.01 | 1,152,090 |
| Accumulated the last 5 trading days | 46,000 | 126.43 | 5,815,760 |
| Accumulated under the program | 169,379 | 124.49 | 21,086,633 |
Following the transactions, Matas has purchased a total number of 169,379 shares since 1 September 2016 and holds 431,327 treasury shares, equivalent to 1.10% 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
