On 15 March 2013, Tryg initiated a share buyback programme in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour Regulative for share buy back.
Under the programme, Tryg will purchase own shares for an amount of DKK 800m in the period from 15 March 2013 to 30 December 2013.
Last week the following transactions have been made:
| Number of shares | Average purchase price | Transaction value (DKK) | |
| 8 July 2013 | 3,833 | 494.08 | 1,893,802 |
| 9 July 2013 | 16,188 | 493.22 | 7,984,239 |
| 10 July 2013 | 5,625 | 502.53 | 2,826,743 |
| 11 July 2013 | 5,875 | 511.81 | 3,006,911 |
| 12 July 2013 | 8,850 | 519.24 | 4,595,283 |
|
Accumulated |
40,371 |
503.01 |
20,306,978 |
Since the share buyback programme was initiated on 15 March 2013, the total number of repurchased shares is 648,679 and at a total amount of DKK 312.4m.
With the transactions stated above, Tryg owns a total of 990,919 shares, corresponding to 1.6%. The total amount of shares in Tryg is 61,316,103. Adjusted for own shares the number of shares is 60,325,184.
The number of treasury shares is lower compared to the statement made last week due to an adjustment made following employees having exercised their share options during H1 2013. The shares in question were held by Tryg as hedging of the share option programmes and are now back in the market.
Additional information
For further information visit www.tryg.com or contact Investor Relations;
- Investor Relations Director Lars Møller on +45 44 20 45 17 or lars.moeller@tryg.dk
- Investor Relations Manager Peter Brondt on +45 22 75 89 04 or peter.brondt@tryg.dk
Tryg is the leading Nordic provider of “peace of mind” solutions with property and casualty insurance operations in Denmark, Norway and Sweden. Tryg is listed on Nasdaq OMX Copenhagen, and 60% of the shares are held by TryghedsGruppen smba.
