2 January 2014
Trading report No. 01/2014
In accordance with Section 28(a) of the Danish Securities Trading Act, Topdanmark is required to publish details of the transactions in Topdanmark's shares and related securities effected by senior management and their connected persons.
The following has been reported to Topdanmark:
| Name: | Christian Sagild |
| Reason: | CEO |
| Issuer: | Topdanmark A/S |
| ISIN code: | 1025953 |
| Designation: | Shares |
| Transaction: | Allocation of options |
| Trade date: | 2 January 2014 |
| Market: | Nasdaq OMX, Copenhagen |
| Number: | 37,433 |
| Share price in DKK: | 748,660 |
| Name: | Lars Thykier |
| Reason: | CFO |
| Issuer: | Topdanmark A/S |
| ISIN code: | 1025953 |
| Designation: | Shares |
| Transaction: | Allocation of options |
| Trade date: | 2 January 2014 |
| Market: | Nasdaq OMX, Copenhagen |
| Number: | 24,805 |
| Share price in DKK: | 496,100 |
| Name: | Kim Bruhn-Petersen |
| Reason: | COO |
| Issuer: | Topdanmark A/S |
| ISIN code: | 1025953 |
| Designation: | Shares |
| Transaction: | Allocation of options |
| Trade date: | 2 January 2014 |
| Market: | Nasdaq OMX, Copenhagen |
| Number: | 24,712 |
| Share price in DKK: | 494,240 |
The share price has been calculated using the Black and Scholes model assuming a share price of DKK 142.95, an interest rate equivalent to the zero coupon rate based on the swap curve of 30 December 2013, future annual volatility of 22% and a pattern of exercise similar to Topdanmark's previous allocations of share options.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, Mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup