Allerød, 2016-10-07 14:58 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 30 September 2016 – 6 October 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 30 September 2016 | 8,031 | 124.21 | 997,531 |
| 3 October 2016 | 12,000 | 123.86 | 1,486,320 |
| 4 October 2016 | 12,000 | 123.94 | 1,487,280 |
| 5 October 2016 | 8,500 | 125.21 | 1,064,285 |
| 6 October 2016 | 6,000 | 127.42 | 764,520 |
| Accumulated the last 5 trading days | 46,531 | 124.65 | 5,799,936 |
| Accumulated under the program | 269,910 | 124.67 | 33,649,648 |
Following the transactions, Matas has purchased a total number of 269,910 shares since 1 September 2016 and holds 531,858 treasury shares, equivalent to 1.35% 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 Anders T. Skole-Sørensen, CFO, at tel +45 4816 5604.
Matas A/S
