Transactions under Novozymes’ stock buyback program

As of March 13, Novozymes has purchased an accumulated 778,400 shares with a transaction value of DKK 192.3 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
557,400
 
138,783,645
March 7, 2014
46,000
 246.68
11,347,356
March 10, 2014
47,000
244.84
11,507,536
March 11, 2014
42,000
243.10
10,210,232
March 12, 2014
44,000
238.61
10,498,824
March 13, 2014
42,000
236.11
9,916,579
Total accumulated under the program
778,400
 
192,264,172

In addition, transactions necessitated by Novozymes’ previously established incentive programs have resulted in a net sale by Novozymes of 8,455 B shares in the period from March 7 to March 13, 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 5,206,157 treasury shares, corresponding to 1.6% 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
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)
+44 1217117272
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