18 January 2016
Announcement No. 04/2016
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
11 to 15 January 2016.
|
Number of shares |
Average purchase price (DKK) |
Transacation value (DKK) |
|
| 11 January 2016 | 59,000 | 173.40 | 10,230,600 |
| 12 January 2016 | 60,000 | 174.59 | 10,475,400 |
| 13 January 2016 | 60,000 | 174.53 | 10,471,800 |
| 14 January 2016 | 62,000 | 168.40 | 10.440.800 |
| 15 January 2016 | 63,000 | 165.62 | 10,434,060 |
| Total accumulated in the period | 304,000 | 171.23 | 52,052,660 |
| Total accumulated under the buy-back programme | 2,042,230 | 382,997,918 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,903,000 shares, corresponding to 9.43% of the share capital.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup