Allerød, 2017-01-20 09:22 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 13 January 2017 – 19 January 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 13 January 2017 | 8,000 | 101.94 | 815,520 |
| 16 January 2017 | 7,000 | 102.15 | 715,050 |
| 17 January 2017 | 7,000 | 102.85 | 719,950 |
| 18 January 2017 | 8,000 | 102.63 | 821,040 |
| 19 January 2017 | 7,000 | 103.04 | 721,280 |
| Accumulated the last 5 trading days | 37,000 | 102.51 | 3,792,840 |
| Accumulated under the program | 1,206,488 | 108.46 | 130,852,536 |
Following the transactions, Matas has purchased a total number of 1,206,488 shares since 1 September 2016 and holds 1,468,436 treasury shares, equivalent to 3.74% 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
