6 June 2016
Announcement No. 33/2016
On 11 February 2016, Topdanmark announced a buy-back programme of up to DKK 351m in its company announcement No. 29/2016. The buy-back programme will be executed in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour-regulation”. The share buy-back will take place in the period from 11 May to 15 August 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1,350m, until 23 February 2017, of which the DFSA so far has approved buy-back of DKK 600m until 30 September 2016.
The following transactions have been made under the share buy-back programme in the period from 30 May to 3 June 2016:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 30 May 2016 | 26,000 | 183.78 | 4,778,280 |
| 31 May 2016 | 25,000 | 184.06 | 4,601,500 |
| 1 June 2016 | 33,000 | 181.52 | 5,990,160 |
| 2 June 2016 | 30,000 | 179.75 | 5,392,500 |
| 3 June 2016 | 35,000 | 178.85 | 6,259,750 |
| Total accumulated in the period | 149,000 | 181.36 | 27,022,190 |
| Total accumulated under the buy-back programme | 2,018,600 | 343,320,112 |
Following the transactions stated above, Topdanmark’s holding of own shares is 12,921,000 shares, corresponding to 12.31% 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