On 16 April 2010, Tryg initiated a share buy back programme in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour Regulative for share buy back.
Under the programme, Tryg will purchase own shares for an amount of DKK 799m in the period from 16 April 2010 to 8 February 2011.
Since the announcement of 17 January 2011, the following transactions have been made under the share buy back programme:
| Number of shares | Average purchase price | Transaction value (DKK) | |
| 17 January 2011 | 12,500 | 288,16 | 3,602,000.00 |
| 18 January 2011 | 0 | ||
| 19 January 2011 | 10,000 | 292.70 | 2,927,000.00 |
| 20 January 2011 | 2,500 | 289,08 | 722,700.00 |
| 21 January 2011 | 6,250 | 291.94 | 1,824,625.00 |
|
Accumulated |
31,250 | 290.44 | 9,076,325.00 |
Since the share buy back programme was initiated on 16 April 2010, the total number of repurchased shares is 2,515,520 and at a total amount of DKK 769.7m.
With the transactions stated above, Tryg owns a total of 3,395,372 shares, corresponding to 5.6%. The total amount of shares in Tryg is 63.931m. Adjusted for own shares number of shares is 60.5m.
Additional information:
For further information visit www.tryg.com or contact Investor Relations;
- Investor Relations Director, Ole Søeberg on +45 40 30 00 04 or ole.soeberg@tryg.dk
- Investor Relations Manager, Lars Møller on +45 22 66 66 05 or lars.moeller@tryg.dk
Tryg is the leading Nordic provider of “peace of mind” solutions with property & casualty insurance operations in Denmark, Norway, Finland and Sweden. Tryg is listed on Nasdaq OMX Copenhagen and 60% of the shares are held by TryghedsGruppen smba.
