TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 34 - 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 15 September 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
15 September 2008 |
25,750 |
313.87 |
8,082,255.50 |
16 September 2008 |
10,250 |
305.67 |
3,133,117.50 |
17 September 2008 |
26,250 |
313.52 |
8,229,900.00 |
18 September 2008 |
6,000 |
309.81 |
1,858,860.00 |
19 September 2008 |
3,250 |
338.50 |
1,100,125.00 |
Accumulated |
71,500 |
313.35 |
22,404,258.00 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,138,750 for a total amount of DKK 782m.
With the transactions stated above, TrygVesta owns a total of 2,779,653 own shares, corresponding to 4.1% 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.