Transactions under share buyback programme
Allerød, 2016-12-16 09:19 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 9 December - 15 December 2016:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 9 December 2016 | 15,000 | 94.46 | 1,416,900 |
| 12 December 2016 | 15,000 | 95.21 | 1,428,150 |
| 13 December 2016 | 14,000 | 96.16 | 1,346,240 |
| 14 December 2016 | 13,000 | 95.61 | 1,242,930 |
| 15 December 2016 | 10,000 | 97.71 | 977,100 |
| Accumulated the last 5 trading days | 67,000 | 95.69 | 6,411,320 |
| Accumulated under the program | 974,488 | 110.73 | 107,907,386 |
Following the transactions, Matas has purchased a total number of 974,488 shares since 1 September 2016 and holds 1,236,436 treasury shares, equivalent to 3.15% 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
Vedhæftede filer:
Matas #37 share buy back 16 12 2016.docx.pdf