Topdanmark – weekly report on share buy-back 1 August

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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

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