Allerød, 2016-12-09 10:30 CET (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 2 December – 8 December 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 2 December 2016 | 25,000 | 93.32 | 2,333,000 |
| 5 December 2016 | 25,000 | 93.17 | 2,329,250 |
| 6 December 2016 | 20,000 | 94.02 | 1,880,400 |
| 7 December 2016 | 20,000 | 93.82 | 1,876,400 |
| 8 December 2016 | 20,000 | 94.24 | 1,884,800 |
| Accumulated the last 5 trading days | 110,000 | 93.67 | 10,303,850 |
| Accumulated under the program | 907,488 | 111.84 | 101,496,066 |
Following the transactions, Matas has purchased a total number of 907,488 shares since 1 September 2016 and holds 1,169,436 treasury shares, equivalent to 2.98% 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
