Matas A/S : Transactions under share buyback programme
January 27, 2017 at 01:34 pm IST
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January 27, 2017
Company announcement 44 2016/17
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 A/S published this content on 27 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2017 08:04:07 UTC.
Original documenthttp://investor.en.matas.dk/releasedetail.cfm?ReleaseID=1009406
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Matas A/S is a Denmark-based company that operates a chain of personal care retail stores in Denmark and Sweden, as well as operates own online store. Each of the Company's stores offers products diversified into four product segments: Beauty Shop; Vital Shop; Material Shop, and Matas MediCare. The Beauty Shop segment includes cosmetics, fragrances, skincare and hair care products. The Vital Shop segment offers vitamins, minerals and supplements. The Material Shop segment encompasses household and personal care goods including cleaning and maintenance, personal grooming, childcare and sports-related products. The Matas MediCare segment offers over-the-counter medicine and first aid products. The Company's product offering includes both international and Danish health and beauty brands, as well as its own brands like Stripes (principal own brand), Matas Natur and Plaisir.