30 January 2017
Announcement No. 06/2017
On 15 November 2016, Topdanmark announced (company announcement No. 67/2016) that DKK 650m remained of the total buy-back programme for 2016 of DKK 1,650. The buy-back programme is executed in accordance with (EU) Regulation 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 27 January 2017, shares at a value of DKK 1,355m 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 23 January to 27 January 2017:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 23 January 2017 | 37,000 | 177.30 | 6,560,100 |
| 24 January 2017 | 38,000 | 177.25 | 6,735,500 |
| 25 January 2017 | 35,000 | 179.20 | 6,272,000 |
| 26 January 2017 | 30,000 | 181.70 | 5,451,000 |
| 27 January 2017 | 25,000 | 182.34 | 4,558,500 |
| Total accumulated in the period | 165,000 | 176.91 | 29,577,100 |
| Total accumulated under the buy-back programme | 7,762,840 | 1,325,038,063 |
Following the transactions stated above, Topdanmark’s holding of own shares is 8,432,000 shares, corresponding to 8.88% 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
