TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 09 - 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 14 April 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
14 April 2008 |
11,000 |
397.94 |
4,377,340.00 |
15 April 2008 |
15,000 |
402.00 |
6,030,000.00 |
16 April 2008 |
15,000 |
401.34 |
6,020,100.00 |
17 April 2008 |
21,250 |
400.51 |
8,510,837.50 |
Accumulated |
62,250 |
400.45 |
24,938,277.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 170,250 for a total amount of DKK 68.8m.
With the transactions stated above, TrygVesta owns a total of 870,742 own shares, corresponding to 1.3% 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.