February 24, 2017

Final transactions under share buyback programme

Company announcement 50 2016/17

Company announcement 50 2016/17

Allerød, 2017-02-24 10:46 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 was initiated with a view to cancelling the shares bought back. Under the share buyback programme, which was initiated on 1 September 2016 and concluded 23 February 2017, Matas has repurchased shares for an amount of DKK 150 million.

Under the share buyback programme, the following transactions have been made during the period 17 February 2017 — 23 February 2017:

Trading day Number of shares Average purchase price, DKK Transaction value, DKK
       
17 February 2017   3,000  105.09  315,270
20 February 2017  3,000  104.50  313,500
21 February 2017 10,000  105.34  1,053,400
22 February 2017  8,000  104.88  839,040
23 February 2017 7,750  104.73  811,658
       
Accumulated the last 5 trading days    31,750  104.97  3,332,868
Accumulated under the program  1,395,238  107.51  149,997,144

 

Following the transactions, Matas has purchased a total number of 1,395,238 shares since 1 September 2016 and holds 1,657,186 treasury shares, equivalent to 4.22% of the company's total share capital.

 

Please address any questions to Søren Mølbak, Head of Investor Relations, at tel +45 48 1655 48.

 

 

 

Matas A/S

 


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