TrygVesta A/S – Weekly report on share buy backs
To OMX
Nordic Exchange Copenhagen, Announcement no. 36 - 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 29 September 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
29 September2008 |
23,375 |
341.28 |
7,977,420.00 |
30 September2008 |
11,750 |
330.99 |
3,889,132.50 |
1 October 2008 |
34,250 |
333.25 |
11,413,812.50 |
2 October 2008 |
22,625 |
322.04 |
7,286,155.00 |
3 October 2008 |
12,500 |
319.96 |
3,999,500.00 |
Accumulated |
104,500 |
330.78 |
34,566,020.00 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,288,375 for a total amount of DKK 832.5m.
With the transactions stated above, TrygVesta owns a total of 2,929,278 own shares, corresponding to 4.3% 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.