Allerød, 2016-10-28 09:26 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 20 October – 27 October 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 20 October 2016 | 6,000 | 129.97 | 779,820 |
| 21 October 2016 | 3,278 | 129.96 | 426,009 |
| 24 October 2016 | 5,000 | 132.07 | 660,350 |
| 25 October 2016 | 5,000 | 130.60 | 653,000 |
| 26 October 2016 | 6,000 | 129.77 | 778,620 |
| 27 October 2016 | 7,000 | 130.15 | 911,050 |
| Accumulated the last 6 trading days | 32,278 | 130.39 | 4,208,849 |
| Accumulated under the program | 366,188 | 125.54 | 45,971,487 |
Following the transactions, Matas has purchased a total number of 366,188 shares since 1 September 2016 and holds 628,136 treasury shares, equivalent to 1.60% 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
