TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 30 - 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 18 August 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
18 August 2008 |
19,750 |
369.21 |
7,291,937.00 |
19 August 2008 |
20,500 |
345.84 |
7,089,740.50 |
20 August 2008 |
23,500 |
336.58 |
7,909,630.00 |
21 August 2008 |
18,750 |
326.67 |
6,125,062.50 |
22 August 2008 |
20,000 |
330.58 |
6,611,560.00 |
Accumulated |
102,500 |
341.74 |
35,027,930.00 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 1,813,625 for a total amount of DKK 674m.
With the transactions stated above, TrygVesta owns a total of 2,420,164 own shares, corresponding to 3.6% 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.