Write-down of Topdanmark’s share capital – Topdanmark’s holding of own shares below 10%


18 August 2014
Announcement No. 09/2014

 

Write-down of Topdanmark’s share capital

As published in its announcement No. 06/2014, at Topdanmark’s AGM on 10 April 2014 it was decided to write down its share capital by 10,000,000 shares. 

The time limit for creditors to file claims has expired without any objections. Therefore, following Topdanmark’s application for registration of the reduction with the Danish Business Authority, the reduction was finally effected today. 

Following the cancellation of these shares, Topdanmark’s share capital will be DKK 115,000,000, equivalent to 115,000,000 shares. 

Topdanmark’s holding of own shares below 10%

Following the reduction in capital, Topdanmark’s holding of own shares is 8,010,000 representing 6.97% of the share capital. This has reduced the 10.00% holding of own shares published in announcement No. 02/2014.  

This announcement is being published with reference to Sections 28 and 29 of the Danish Securities Act.  

Topdanmark has bought back own shares of DKK 1,010m in 2014 to date.

 

Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 44 74 40 17, Mobile: +45 40 25 35 24

  

Topdanmark A/S
Reg. No. 78040017
Borupvang 4
DK-2750 Ballerup