25 January 2016
Announcement No. 05/2016
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
18 to 22 January 2016.
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 18 January 2016 | 64,000 | 163.09 | 10,437,760 |
| 19 January 2016 | 65,000 | 165.62 | 10,765,300 |
| 20 January 2016 | 63,000 | 161.13 | 10,151,190 |
| 21 January 2016 | 63,000 | 162.92 | 10,263,960 |
| 22 January 2016 | 65,000 | 168.18 | 10,931,700 |
| Total accumulated in the period | 320,000 | 164.22 | 52,549,910 |
| Total accumulated under the buy-back programme | 2,362,230 | 435,547,828 |
Following the transactions stated above, Topdanmark’s holding of own shares is 10,223,000 shares, corresponding to 9.74% 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