Topdanmark – weekly report on share buy-back 25 July

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News Desk 2018
Topdanmark – weekly report on share buy-back

25 July 2016 Announcement No.40/2016

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 18 July to 22 July 2016: 

  Number of shares Average purchase price (DKK) Transaction value (DKK)
18 July 2016 23,899 163.99 3,919,197
19 July 2016 25,000 162.75 4,068,750
20 July 2016 25,000 164.74 4,118,500
21 July 2016 23,000 163.54 3,761,420
22 July 2016 20,000 163.68 3,273,600
Total accumulated in the period 116,899 163.74 19,141,467
Total accumulated under the buy-back programme 3,252,600   554,017,280

Following the transactions stated above, Topdanmark’s holding of own shares is 14,191,000 shares, corresponding to 13.52% 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

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