30 November 2015
Announcement No. 19/2015
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 23 to 27 November 2015.
|
Number of shares |
Average purchase price (DKK) |
Transacation value (DKK.) |
|
| 23 November 2015 | 48,000 | 190.61 | 9,149,280 |
| 24 November 2015 | 47,000 | 188.43 | 8,856,210 |
| 25 November 2015 | 48,000 | 189.75 | 9,108,000 |
| 26 November 2015 | 48,230 | 193.08 | 9,312,248 |
| 27 November 2015 | 43,000 | 195.14 | 8,391,020 |
| Total accumulated in the period | 234,230 | 191.34 | 44,816,758 |
| Total accumulated under the buy-back programme | 421,230 | 79,671,058 |
Following the transactions stated above, Topdanmark’s holding of own shares is 8,282,000 shares, corresponding to 7.89% 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