11 January 2016
Announcement No. 03/2016
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
4 to 8 January 2016.
|
Number of shares |
Average purchase price (DKK) |
Transacation value (DKK) |
|
| 4 January 2016 | 45,000 | 191.32 | 8,609,400 |
| 5 January 2016 | 54,000 | 189.57 | 10,236,780 |
| 6 January 2016 | 56,000 | 184.19 | 10,314,640 |
| 7 January 2016 | 57,000 | 176.97 | 10,087,290 |
| 8 January 2016 | 59,000 | 176.28 | 10,400,520 |
| Total accumulated in the period | 271,000 | 183.21 | 49,648,630 |
| Total accumulated under the buy-back programme | 1,738,230 | 330,945,258 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,599,000 shares, corresponding to 9.14% of the share capital.
Please direct any queries to:
Lars Thykier, CFO
Direct tel: +45 4474 3714
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup