Transactions under share buyback programme
Allerød, 2016-09-30 10:52 CEST (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 23 September 2016 - 29 September 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 23 September 2016 | 8,000 | 129.14 | 1,033,120 |
| 26 September 2016 | 10,000 | 126.68 | 1,266,800 |
| 27 September 2016 | 12,000 | 123.33 | 1,479,960 |
| 28 September 2016 | 12,000 | 124.10 | 1,489,200 |
| 29 September 2016 | 12,000 | 124.50 | 1,494,000 |
| Accumulated the last 5 trading days | 54,000 | 125.24 | 6,763,080 |
| Accumulated under the program | 223,379 | 124.67 | 27,849,713 |
Following the transactions, Matas has purchased a total number of 223,379 shares since 1 September 2016 and holds 485,327 treasury shares, equivalent to 1.24% 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 Anders T. Skole-Sørensen, CFO, at tel +45 4816 5604.
Matas A/S
Vedhæftede filer:
Matas #22 share buy back 30 09 2016.pdf