Allerød, 2016-12-22 10:39 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 16 December – 21 December 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 16 December 2016 | 14,000 | 97.12 | 1,359,680 |
| 19 December 2016 | 10,000 | 98.33 | 983,300 |
| 20 December 2016 | 10,000 | 97.82 | 978,200 |
| 21 December 2016 | 12,000 | 98.17 | 1,178,040 |
| Accumulated the last 4 trading days | 46,000 | 97.81 | 4,499,220 |
| Accumulated under the program | 1,020,488 | 110.15 | 112,406,606 |
Following the transactions, Matas has purchased a total number of 1,020,488 shares since 1 September 2016 and holds 1,282,436 treasury shares, equivalent to 3.26% 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
