TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 33 - 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 8 September 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
8 September 2008 |
23,750 |
345.34 |
8,201,825.00 |
9 September 2008 |
24,500 |
343.99 |
8,427,755.00 |
10 September2008 |
6,875 |
335.56 |
2,306,975.00 |
11 September 2008 |
16,875 |
329.20 |
5,555,250.00 |
12 September 2008 |
26,250 |
328.05 |
8,611,312.50 |
Accumulated |
98,250 |
336.93 |
33,103,117.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,067,250 for a total amount of DKK 759.5m.
With the transactions stated above, TrygVesta owns a total of 2,708,153 own shares, corresponding to 4.0% 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.