8 February 2016
Announcement No. 08/2016
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 1 to 5 February 2016.
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
1 February 2016 | 55,000 | 171.75 | 9,446,250 |
2 February 2016 | 56,000 | 168.45 | 9,433,200 |
3 February 2016 | 60,000 | 166.75 | 10,005,000 |
4 February 2016 | 58,000 | 165,93 | 9,623,940 |
5 February 2016 | 60,000 | 165.75 | 9,945,000 |
Total accumulated in the period | 289,000 | 170.09 | 48,453,390 |
Total accumulated under the buy-back programme | 2,954,230 | 535,538,588 |
Following the transactions stated above, Topdanmark’s holding of own shares is 10,815,000 shares, corresponding to 10.30% of the share capital.
Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Direct tel: +45 4474 4017, mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup