TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 27 - 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 3 March 2009.
Since the announcement of 4 August 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
4 August 2008 |
3,750 |
352.50 |
1,321,875.00 |
6 August 2008 |
9,375 |
367.77 |
3,447,815.63 |
7 August 2008 |
12,375 |
370.79 |
4,588,501.50 |
8 August 2008 |
17,500 |
366.67 |
6,416,742.50 |
Accumulated |
43,000 |
366.86 |
15,774,334.63 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 1,635,875 for a total amount of DKK 610.5m.
With the transactions stated above, TrygVesta owns a total of 2,242,414 own shares, corresponding to 3.3% 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.