3 April 2017
Announcement No. 19/2017
On 23 February 2017, Topdanmark announced (company announcement No. 11/2017) that DKK 199m remained of the total buy-back programme for 2016 of DKK 1,650. The buy-back programme is 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 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 21 February 2017, shares at a value of DKK 1,451m 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 27 March to 31 March 2017:
|
Number of shares |
Average purchase price (DKK) |
Transaction value (DKK) |
|
| 27 March 2017 | 40,000 | 177.58 | 7,103,200 |
| 28 March 2017 | 45,000 | 177.72 | 7,997,400 |
| 29 March 2017 | 22,000 | 177.97 | 3,915,340 |
| 30 March 2017 | 21,000 | 177.53 | 3,728,130 |
| Total accumulated in the period | 128,000 | 177.69 | 22,744,070 |
| Total accumulated under the buy-back programme | 9,411,740 | 1,649,803,490 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,782,000 shares, corresponding to 10.30% of the share capital.
The buy-back programme for 2016 of DKK 1,650 is now completed.
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
