Transactions under share buyback programme
Allerød, 2017-01-27 08:46 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 20 January 2017 - 26 January 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 20 January 2017 | 9,000 | 102.96 | 926,640 |
| 23 January 2017 | 9,000 | 101.29 | 911,610 |
| 24 January 2017 | 10,000 | 100.86 | 1,008,600 |
| 25 January 2017 | 8,000 | 100.56 | 804,480 |
| 26 January 2017 | 9,000 | 99.44 | 894,960 |
| Accumulated the last 5 trading days | 45,000 | 101.03 | 4,546,290 |
| Accumulated under the program | 1,251,488 | 108.19 | 135,398,826 |
Following the transactions, Matas has purchased a total number of 1,251,488 shares since 1 September 2016 and holds 1,513,436 treasury shares, equivalent to 3.85% 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
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Matas #44 share buy back 27 01 2017.docx.pdf