27 March 2017
Announcement No. 18/2017
On 23 February 2017, Topdanmark announced (company announcement No. 11/2017) that DKK 199m remained of the total buy-back programme for 2016 of DKK 1,650. The buy-back programme is 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 buy-back programme for 2016 of DKK 1,650 is approved by the DFSA and will be executed until the AGM on 4 April 2017.
In the period 12 February 2016 to 21 February 2017, shares at a value of DKK 1,451m were bought back of the total share buy-back programme of DKK 1,650m.
The following transactions were made under the share buy-back programme in the period from 20 March to 24 March 2017:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 20 March 2017 | 25,000 | 179.60 | 4,490,000 |
| 21 March 2017 | 27,000 | 179.20 | 4,838,400 |
| 22 March 2017 | 50,000 | 176.81 | 8,840,500 |
| 23 March 2017 | 50,000 | 177.03 | 8,851,500 |
| 24 March 2017 | 35,000 | 178.21 | 6,237,350 |
| Total accumulated in the period | 187,000 | 177.85 | 33,257,750 |
| Total accumulated under the buy-back programme | 9,283,740 | 1,627,059,420 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,654,000 shares, corresponding to 10.16% 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
