29 February 2016
Announcement No. 15/2016
On 11 February 2016, Topdanmark announced a buy-back programme of up to DKK 300m in its company announcement No. 10/2016. The buy-back programme will be executed 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 12 February 2016 to 9 May 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1,250m until 23 February 2017.
The following transactions have been made under the share buy-back programme in the period from 22 to 26 February 2016.
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 22 February 2016 | 45,000 | 152.77 | 6,874,650 |
| 23 February 2016 | 15,520 | 153.39 | 2,380,613 |
| Total accumulated in the period | 60,520 | 152.93 | 9,255,263 |
| Total accumulated under the buy-back programme | 355,520 | 53,326,663 |
Following the transactions stated above, Topdanmark’s holding of own shares is 11,238,000 shares, corresponding to 10.70% of the share capital.
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