Alleroed, 2017-02-03 13:27 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 27 January 2017 – 2 February 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 27 January 2017 | 8,000 | 100.25 | 802,000 |
| 30 January2017 | 9,000 | 100.55 | 904,950 |
| 31 January 2017 | 8,000 | 100.37 | 802,960 |
| 1 February 2017 | 10,000 | 100.46 | 1,004,600 |
| 2 February 2017 | 8,000 | 99.50 | 796,000 |
| Accumulated the last 6 trading days | 43,000 | 100.24 | 4,310,510 |
| Accumulated under the program | 1,294,488 | 107.93 | 139,709,336 |
Following the transactions, Matas has purchased a total number of 1,294,488 shares since 1 September 2016 and holds 1,556,436 treasury shares, equivalent to 3.96% 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
