Share buyback program - Novozymes A/S B shares

On February 11, 2011, Novozymes initiated a share buyback program in accordance with the provisions of European Commission Regulation no. 2273/2003 of December 22, 2003, also referred to as the Safe Harbour Regulation.

Under the program Novozymes will buy back B shares for an amount of up to DKK 400 million in the period from February 11, 2011, to December 31, 2011.  

The following transactions have been made under the program:

 
Number of
shares
 
Average purchase
price
Transaction value,
DKK
Accumulated,  
last announcement
 192,917
 
 
156,348,033
May 19, 2011
          0
    
                    
May 23, 2011
    2,500
871.45
   2,178,625
May 24, 2011
       500
867.15     
      433,575
May 25, 2011
    1,000
870.44
      870,440
May 26, 2011
    4,030
871.64
   3,512,709
 
Accumulated under the
program
 
 200,947
 
 
163,343,382
 
Transactions related to Novozymes’ incentive programs have resulted in a net sale by Novozymes of 19,892 B shares in the period from May 19 to May 26. The shares related to these transactions were not part of the Safe Harbour share buyback program.
 
With the transactions stated above, Novozymes owns a total of 1,830,406 treasury shares, corresponding to 2.8% of the share capital. The total amount of shares in the company is 65,000,000, including treasury shares.
 
Contact persons:
Press and media:
Investor relations:
René Tronborg (Europe)
Tel. (direct): +45 4446 2274
Tel. (mobile): +45 3077 2274

Paige Donnelly (USA)
Tel. (direct): +1 919 494 3209
Tel. (mobile): +1 919 218 4501
Tobias Bjorklund
Tel. (direct): +45 4446 8682
Tel. (mobile): +45 3077 8682

Martin Riise Nielsen
Tel. (direct): +45 4446 0738
Tel. (mobile): +45 3077 0738

Thomas Bomhoff (USA)
Tel. (direct): +1 919 494 3483
Tel. (mobile):  +1 919 649 2565