Transactions under Novozymes’ stock buyback program
As of June 12, Novozymes has purchased an accumulated 2,975,733 shares with a transaction value of DKK 743.8 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:
In addition, transactions necessitated by Novozymes’ previously established incentive programs have resulted in a net sale by Novozymes of 4,365 B shares in the period from June 6 to June 12, 2014. The share transactions related to the incentive programs were not part of the Safe Harbour stock buyback program.