Novozymes A/S : Share buyback program no. 31, 2014
September 19, 2014 at 05:51 am EDT
Share
As of September 18, Novozymes has purchased an accumulated 5,572,368 shares with a transaction value of DKK 1,441.0 million under the stock buyback program Novozymes announced in Company announcement No. 17, 2014 and initiated February 17, 2014.
19. September 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
5,375,736
1,390,101,689
September 12, 2014
38,700
258.94
10,020,843
September 15, 2014
40,632
258.25
10,493,293
September 16, 2014
40,000
257.97
10,318,783
September 17, 2014
39,000
260.20
10,147,610
September 18, 2014
38,300
258.74
9,909,672
Total accumulated under the program
5,572,368
1,440,991,890
In addition, transactions necessitated by Novozymes' previously established incentive programs have resulted in a net sale by Novozymes of 17,180 B shares in the period from September 12 to September 18, 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 9 ,578,984 treasury shares, corresponding to 3.0% of the stock capital. The total number of shares in the company is 319,700,000, including treasury shares.
Novonesis A/S (formerly Novozymes A/S) is the world's leading producer of enzymes and microorganisms for industrial companies. Net sales break down by market as follows:
- industry of cleaning and household maintenance products (28.5%);
- bioenergy (24.8%);
- food industry and human health (22.1%);
- technical and cereal industries (12.8%): microorganisms used in the field of wastewater treatment, technical enzymes intended for the textile, leather, pulp and paper industries;
- agriculture and animal feed industry (11.8%): enzymes used to improve the productivity and digestion of certain foods.
Net sales are geographically distributed as follows: Denmark (1.3%), Europe/Middle East/Africa (33.5%), North America (33.9%), Asia/Pacific (18.5%) and Latin America (12.8%).
NOVONESIS A/S 
