Allerød, 2017-02-17 08:43 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 10 February 2017 – 16 February 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 10 February 2017 | 6,000 | 100.02 | 600,120 |
| 13 February 2017 | 5,000 | 101.22 | 506,100 |
| 14 February 2017 | 4,000 | 104.70 | 418,800 |
| 15 February 2017 | 4,000 | 105.37 | 421,480 |
| 16 February 2017 | 4,000 | 105.50 | 422,000 |
| Accumulated the last 5 trading days | 23,000 | 102.98 | 2,368,500 |
| Accumulated under the program | 1,363,488 | 107.57 | 146,664,276 |
Following the transactions, Matas has purchased a total number of 1,363,488 shares since 1 September 2016 and holds 1,625,436 treasury shares, equivalent to 4.14% 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
