Allerød, 2016-12-30 09:27 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 22 December – 29 December 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 22 December 2016 | 11,000 | 98.68 | 1,085,480 |
| 23 December 2016 | 10,000 | 98.41 | 984,100 |
| 27 December 2016 | 8,000 | 98.47 | 787,760 |
| 28 December 2016 | 7,000 | 98.32 | 688,240 |
| 29 December 2016 | 7,000 | 97.91 | 685,370 |
| Accumulated the last 5 trading days | 43,000 | 98.39 | 4,230,950 |
| Accumulated under the program | 1,063,488 | 109.67 | 116,637,556 |
Following the transactions, Matas has purchased a total number of 1,063,488 shares since 1 September 2016 and holds 1,325,436 treasury shares, equivalent to 3.37% 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
