Transactions under Novozymes’ stock buyback program

As of February 27, Novozymes has purchased an accumulated 349,400 shares with a transaction value of DKK 87.1 million under the stock buyback program Novozymes announced in Company announcement No. 17, 2014 and initiated February 17, 2014.

​Under the program, Novozymes will buy back B shares worth up to DKK 2 billion in total during 2014.

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
160,000
 
39,610,780
February 21, 2014
38,000
 249.24
9,471.207
February 24, 2014
40,400
 249.63
10,085.188
February 25, 2014
36,000
 252.13
9,076,789
February 26, 2014
30,000
 252.97
7,589,197
February 27, 2014
45,000
 250.02
11,251,012
Total accumulated under the program
349,400
 
87,084,173
 
In addition, transactions necessitated by Novozymes’ previously established incentive programs have resulted in a net sale by Novozymes of 37,825 B shares in the period from February 21 to February 27, 2014. 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 4,799,397 treasury shares, corresponding to 1.5% 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
Klaus Sindahl (DK)
+45 5363 0134
Martin Riise (USA)
+1 919 649 2565
Press and media:
 
 
Rene Tronborg (DK)
+45 3077 2274
Frederik Bjoerndal (Europe)
+45 3077 0236
Paige Donnelly (USA)
+1 919 218 4501
Meng Lian (China)
+86 136 9923 1164
Henrique Pellini (Brazil)
+55 41 9288 0282
Poonam Kapila (India)
+91 991 082 2339