Alleroed, 2017-02-10 11:11 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 3 February 2017 – 9 February 2017:
| Trading day | Number of shares | Average purchase price, DKK | Transaction value, DKK |
| 3 February 2017 | 10,000 | 99.86 | 998,600 |
| 6 February 2017 | 10,000 | 99.89 | 998,900 |
| 7 February 2017 | 12,000 | 99.49 | 1,193,880 |
| 8 February 2017 | 8,000 | 99.63 | 797,040 |
| 9 February 2017 | 6,000 | 99.67 | 598,020 |
| Accumulated the last 5 trading days | 46,000 | 99.71 | 4,586,440 |
| Accumulated under the program | 1,340,488 | 107.64 | 144,295,776 |
Following the transactions, Matas has purchased a total number of 1,340,488 shares since 1 September 2016 and holds 1,602,436 treasury shares, equivalent to 4.08% 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
