Topdanmark - weekly report on share buy-back
1 August 2016
Announcement No. 41/2016
On 10 May 2016, Topdanmark announced a buy-back programme of up to DKK 351m in its company announcement No. 29/2016. The buy-back programme will be executed in accordance with Regulation (EU) No. 596/2014 of the European Parliament and the Council of 16 April 2014, the "Market Abuse Regulation". The share buy-back will take place in the period from 11 May to 15 August 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1,350m, until 23 February 2017, of which the DFSA so far has approved buy-back of DKK 1,000m until 31 December 2016.
In the period 12 February 2016 to 9 May 2016, shares at a value of DKK 249m were bought back, of the total DKK 1,350m share buy-back programme.
The following transactions were made under the share buy-back programme in the period from 25 July to 29 July 2016:
| Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 25 July 2016 | 25,000 | 164.49 | 4,112,250 |
| 26 July 2016 | 20,000 | 163.74 | 3,274,800 |
| 27 July 2016 | 18,000 | 165.06 | 2,971,080 |
| 28 July 2016 | 19,000 | 164.75 | 3,130,250 |
| 29 July 2016 | 19,000 | 164.93 | 3,133,670 |
| Total accumulated in the period | 101,000 | 16,622,050 | |
| Total accumulated under the buy-back programme | 3,353,600 | 570,639,330 |
Following the transactions stated above, Topdanmark's holding of own shares is 14,292,000 shares, corresponding to 13.61% 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
Vedhæftede filer:
Uk_Bilag til tilbagekøbsmeddelelse 41-2016 uge 30 2016.pdf