23 November 2015
Announcement No. 18/2015
On 16 November 2015, Topdanmark announced a buy-back programme of up to DKK 564m in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour-regulation”. The share buy-back will be made in the period from 17 November 2015 to
10 February 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1.95bn, the balance of which was DKK 564m on 16 November 2015.
The following transactions have been made under the share buy-back programme in the period from
17 to 20 November 2015.
|
Number of shares |
Average purchase price (DKK) |
Transacation value (DKK.) |
|
| 17 November 2015 | 45,000 | 183.60 | 8,282,000 |
| 18 November 2015 | 49,000 | 184.12 | 9,021,880 |
| 19 November 2015 | 47,000 | 188.27 | 8,848,600 |
| 20 November 2015 | 48,000 | 189.17 | 8,701,820 |
| Total accumulated in the period | 189,000 | 184.41 | 34,854,300 |
| Total accumulated under the buy-back programme | 189,000 | 34,854,300 |
Following the transactions stated above, Topdanmark’s holding of own shares is 8,089,000 shares, corresponding to 7.70% of the share capital.
Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup