21 December 2015 Announcement No. 23/2015
On 16 November 2015, Topdanmark announced a buy-back programme of up to DKK 564m 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 17 November 2015 to 10 February 2016.
This buy-back programme is part of an overall buy-back programme of a total of DKK 1.95bn, the balance of which was DKK 564m on 16 November 2015.
The following transactions have been made under the share buy-back programme in the period from 14 to 18 December 2015.
| Number of shares | Average purchase price (DKK) | Transacation value (DKK) | |
| 14 December 2015 | 55,000 | 188.84 | 10,386,200 |
| 15 December 2015 | 55,000 | 187.55 | 10,15,250 |
| 16 December 2015 | 56,000 | 188.28 | 10.543.680 |
| 17 December 2015 | 57,000 | 190.34 | 10,849,380 |
| 18 December 2015 | 58,000 | 189.12 | 10,968,960 |
| Total accumulated in the period | 281,000 | 188.84 | 53,063,470 |
| Total accumulated under the buy-back programme | 1,176,230 | 225,629,908 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,037,000 shares, corresponding to 8.61% of the share capital.
Please direct any queries to: Steffen Heegaard, Head of IR and Group Communications Direct tel: +45 4474 4017, Mobile: +45 4025 3524
Topdanmark A/S Reg.No. 78040017 Borupvang 4 2750 Ballerup