TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 08 - 2008
On 4 April 2008 TrygVesta initiated a share buy back programme in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour Regulative for share buy back.
Under the programme TrygVesta will purchase own shares for an amount of DKK 1,405m in the period from 4 April 2008 to the day prior to the release of the full year results 2008, which is planned to be released 2 March 2009.
Since the announcement of 3 April 2008 on the initiation of the share buy back programme, the following transactions have been made:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
4 April 2008 |
30,000 |
407.12 |
12,213,600.00 |
7 April 2008 |
20,000 |
412.37 |
8,274,400.00 |
8 April 2008 |
15,000 |
408.14 |
6,122,100.00 |
9 April 2008 |
16,250 |
403.12 |
6,550,700.00 |
10 April 2008 |
10,000 |
401.10 |
4,011,000.00 |
11 April 2008 |
16,750 |
401.08 |
6,718,090.00 |
Accumulated |
108,000 |
406.14 |
43,862,890.00 |
With the transactions stated above, TrygVesta owns a total of 808,199 own shares, corresponding to 1.2% of the share capital. The total amount of shares in TrygVesta is 68m including own shares.
Additional information:
For further information visit www.trygvesta.com or contact Investor Relations;
TrygVesta is the leading Nordic provider of “peace of mind” solutions with property & casualty insurance operations in Denmark, Norway, Finland and Sweden. TrygVesta is listed on OMX Nordic Exchange Copenhagen and 60% of the shares are held by Tryg i Danmark smba.