TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 35 - 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 22 September 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
22 September 2008 |
2,500 |
341.75 |
854,375.00 |
23 September 2008 |
8,875 |
342.59 |
3,040,486.25 |
24 September 2008 |
6,625 |
345.52 |
2,289,070.00 |
25 September 2008 |
13,750 |
354.73 |
4,877,537.50 |
26 September 2008 |
13,375 |
349.57 |
4,675,498.75 |
Accumulated |
45,125 |
348.74 |
15,736,967.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,183,875 for a total amount of DKK 798m.
With the transactions stated above, TrygVesta owns a total of 2,824,778 own shares, corresponding to 4.2% 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.