11 February 2016
Announcement No. 09/2016
On 17 November 2015, Topdanmark initiated a share buy-back programme in accordance with the European Commission’s Regulation No. 2273/2003 of 22 December 2003, the ”Safe Harbour Regulation”. This programme is part of the overall share buy-back programme of DKK 1.95bn for 2015.
Under the programme initiated on 17 November 2015, Topdanmark will buy back own shares for up to DKK 564m in the period from 17 November 2015 to 10 February 2016. The programme is now concluded.
Since company announcement No. 08/2016 of 8 February 2016, the following transactions have been made under the programme:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 8 February 2016 | 65,000 | 160.08 | 10,405,200 |
| 9 February 2016 | 62,000 | 154.99 | 9,609,380 |
| 10 February 2016 | 53,000 | 157.58 | 8,351,740 |
| Total accumulated in the period | 180,000 | 157.59 | 28,366,320 |
| Total accumulated under the buy-back programme | 3,134,230 | 563,904,908 |
Following the transactions stated above, Topdanmark’s holding of own shares is 10,995,000 shares, corresponding to 10.47% of the share capital.
The share buy-back programme initiated on 17 November 2015 is hereby concluded.
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