4 January 2016 Announcement No. 01/2016
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 28 to 30 December 2015.
| Number of shares | Average purchase price (DKK) | Transacation value (DKK) | |
| 28 December 2015 | 44,000 | 192.98 | 8,491,120 |
| 29 December 2015 | 40,000 | 193.71 | 7,748,400 |
| 30 December 2015 | 38,000 | 195.24 | 7,419,120 |
| Total accumulated in the period | 122,000 | 193.92 | 23,658,640 |
| Total accumulated under the buy-back programme | 1,467,230 | 281,296,628 |
Following the transactions stated above, Topdanmark’s holding of own shares is 9,328,000 shares, corresponding to 8.88% of the share capital.
Please direct any queries to: Lars Thykier, CFO Direct tel: +45 4474 3714
Topdanmark A/S Reg.No. 78040017 Borupvang 4 2750 Ballerup