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RTX — Transaction in Own Shares 2016
Jul 22, 2016
3413_dirs_2016-07-22_a7112b62-892f-4a6e-8157-bd8692bdeace.pdf
Transaction in Own Shares
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Announcement
To Nasdaq Copenhagen A/S and the press
Nørresundby, Denmark, 22 July 2016 Announcement no. 51/2016 Number of pages: 1
Share repurchase programme
The share buy-back programme runs from 11 May 2016 to 18 August 2016. In this period RTX will acquire shares with a value of up to DKK 10.0 million. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes), and from 03 July 2016 in accordance with the EU Commission Regulation No. 596/2014 of 16 April 2014 on market abuse (Market Abuse Regulation), which ensures that RTX is protected against violation of insider legislation in relation to the share buy-back programme.
Due to the new regulation as of 03 July 2016, the share buy-back programme, cf. company announcement no. 31/2016, can no longer deviate from the limit of purchase of no more than 25% of the average daily volume of the company shares traded on Nasdaq Copenhagen during the previous 20 trading days, due to low liquidity in the company shares.
| Number of shares |
Average purchase Price |
Transaction value in DKK |
|
|---|---|---|---|
| Accumulated, last announcement | 69,800 | 101.62 | 7,092,968 |
| 15 July 2016 | 1,400 | 123.75 | 173,254 |
| 18 July 2016 | 1,400 | 124.50 | 174,300 |
| 19 July 2016 | 1,400 | 124.50 | 174,300 |
| 20 July 2016 | 1,400 | 124.83 | 174,767 |
| 21 July 2016 | 1,400 | 123.36 | 172,700 |
| Accumulated under the programme | 76,800 | 103.68 | 7,962,289 |
Since the announcement as of 11 May 2016, the following transactions have been made under the program:
With the transactions stated above, RTX A/S owns a total of 514,597 of treasury shares, corresponding to 5.49% of the share capital. The total amount of shares in the company is 9,373,338 including treasury shares. In accordance with the EU Commission Regulation No. 596/2014, transactions related to the share buy-back programme are presented in detailed form in the spread sheet attached to this company announcement.
For further questions or information contact:
CEO Jacob Vittrup, tlf. +45 9632 2300
RTX A/S Strømmen 6 DK-9400 Nørresundby, Danmark Tel : +45 96 32 23 00 Fax : +45 96 32 23 10 VAT# : DK 17 00 21 47 Web : www.rtx.dk E-mail : [email protected]