14 December 2015
Announcement No. 22/2015
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
7 to 11 December 2015.
|
Number of shares |
Average purchase price (DKK) |
Transacation value (DKK) |
|
| 7 December 2015 | 45,000 | 199.51 | 8,977,950 |
| 8 December 2015 | 46,000 | 197.02 | 9,062,920 |
| 9 December 2015 | 46,000 | 194.37 | 8,941,020 |
| 10 December 2015 | 49.000 | 192.54 | 9,434.460 |
| 11 December 2015 | 55,000 | 189.98 | 10,448,900 |
| Total accumulated in the period | 241,000 | 194.46 | 46,865,250 |
| Total accumulated under the buy-back programme | 895,230 | 172,566,348 |
Following the transactions stated above, Topdanmark’s holding of own shares is 8,756,000 shares, corresponding to 8.34% of the share capital.
Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524
Topdanmark A/S
Reg.No. 78040017
Borupvang 4
2750 Ballerup