Allerød, 2016-10-14 09:20 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 7 October – 13 October 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 7 October 2016 | 10,000 | 126.43 | 1,264,300 |
| 10 October 2016 | 9,000 | 126.54 | 1,138,860 |
| 11 October 2016 | 9,000 | 125.25 | 1,127,250 |
| 12 October 2016 | 9,000 | 126.31 | 1,136,790 |
| 13 October 2016 | 6,000 | 125.98 | 755,880 |
| Accumulated the last 5 trading days | 43,000 | 126.12 | 5,423,080 |
| Accumulated under the program | 312,910 | 124.87 | 39,072,728 |
Following the transactions, Matas has purchased a total number of 312,910 shares since 1 September 2016 and holds 574,858 treasury shares, equivalent to 1.46% 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
