Topdanmark – weekly report on share buy-back


26 September 2016
Announcement No. 56/2016

On 16 August 2016, Topdanmark announced a buy-back programme of up to DKK 401m in its company announcement No. 44/2016. The buy-back programme will be executed in accordance with Regulation (EU) No. 596/2014 of the European Parliament and the Council of 16 April 2014, the ”Market Abuse Regulation”. The share buy-back will take place in the period from 17 August 2016 to 14 November 2016.

This buy-back programme is part of an overall buy-back programme of a total of DKK 1,450m, until 23 February 2017, of which the DFSA so far has approved buy-back of DKK 1,000m until 31 December 2016.

In the period 12 February 2016 to 15 August 2016, shares at a value of DKK 599m were bought back, of the total DKK 1,450m share buy-back programme.

The following transactions were made under the share buy-back programme in the period from 19 September to 23 September 2016:

  Number
of shares
Average purchase
price (DKK)
Transaction
value (DKK)
19 September 2016 38,000 186.90 7,102,200
20 September 2016 30,000 187.18 5,615,400
21 September 2016 33,000 187.20 6,177,600
22 September 2016 30,000 186.30 5,589,000
23 September 2016 24,000 185.71 4,457,040
Total accumulated in the period 155,000 186.72 28,941,240
Total accumulated under the buy-back programme 4,563,820   776,407,794

Following the transactions stated above, Topdanmark’s holding of own shares is 5,353,000 shares, corresponding to 5.63% of the share capital.

Detailed and aggregated transaction data concerning the share buy-back are attached in compliance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.

Please direct any queries to:
Steffen Heegaard, Group Communications and IR Director
Tel: +45 44 74 40 17
Mobile tel: +45 40 25 35 24

 

Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup


Attachments

Attachment_buy-back_ 56-2016.pdf