Transaction in Own Shares • Mar 2, 2015
Transaction in Own Shares
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March 2, 2015
As of February 27, Novozymes has purchased an accumulated 741,000 shares with a transaction value of DKK 230.1 million under the stock buyback program Novozymes announced in Company announcement No. 6, 2015 and initiated February 2, 2015. Under the program, Novozymes will buy back B shares worth up to DKK 2 billion in total during 2015.
The following transactions have been made under the program in accordance with the provisions of European Commission Regulation (EC) No. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation:
| Number of shares | Average purchase price | Transaction value, DKK | |
|---|---|---|---|
| Accumulated, last announcement | 604,000 | 185,657,824 | |
| 23 February 2015 | 29,000 | 327.86 | 9,507,996 |
| 24 February 2015 | 25,000 | 327.03 | 8,175,793 |
| 25 February 2015 | 25,000 | 323.38 | 8,084,521 |
| 26 February 2015 | 30,000 | 322.59 | 9,677,719 |
| 27 February 2015 | 28,000 | 322.05 | 9,017,414 |
| Accumulated under the program | 741,000 | 230,121,267 |
In addition, transactions necessitated by Novozymes' previously established incentive programs have resulted in a net sale by Novozymes of 40,445 B shares in the period from February 23 to February 27, 2015. The share transactions related to the incentive programs were not part of the Safe Harbour stock buyback program.
Following the transactions stated above, Novozymes owns a total of 11,432,954 treasury shares, corresponding to 3.6% of the stock capital. The total number of shares in the company is 319,700,000, including treasury shares.
Contact information
| Investor Relations: | ||
|---|---|---|
| Thomas Bomhoff (DK) | +45 3077 1226 | [email protected] |
| Klaus Sindahl (DK) | +45 5363 0134 | [email protected] |
| Martin Riise (USA) | +1 919 649 2565 | [email protected] |
Novozymes is the world leader in bioinnovation. Together with customers across a broad array of industries we create tomorrow's industrial biosolutions, improving our customers' business and the use of our planet's resources. Read more at www.novozymes.com.
Krogshoejvej 36 2880 Bagsvaerd Denmark
Telephone: +45 4446 0000 Email: [email protected] Internet: www.novozymes.com
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