Allerød, 2017-01-13 09:12 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 6 January 2017 – 12 January 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 6 January 2017 | 14,000 | 97.05 | 1,358,700 |
| 9 January 2017 | 13,000 | 97.97 | 1,273,610 |
| 10 January 2017 | 8,000 | 102.31 | 818,480 |
| 11 January 2017 | 8,000 | 101.00 | 808,000 |
| 12 January 2017 | 6,000 | 101.46 | 608,760 |
| Accumulated the last 5 trading days | 49,000 | 99.34 | 4,867,550 |
| Accumulated under the program | 1,169,488 | 108.65 | 127,059,696 |
Following the transactions, Matas has purchased a total number of 1,169,488 shares since 1 September 2016 and holds 1,431,436 treasury shares, equivalent to 3.64% 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
