TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 37 - 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 6 October 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
6 October 2008 |
26,250 |
312.13 |
8,193,412.50 |
7 October 2008 |
28,500 |
298.49 |
8,506,965.00 |
8 October 2008 |
7,000 |
286.40 |
2,004,800.00 |
9 October 2008 |
23,500 |
310.88 |
7,305,680.00 |
10 October 2008 |
8,250 |
301.12 |
2,484,240.00 |
Accumulated |
93,500 |
304.76 |
28,495,097.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,381,875 for a total amount of DKK 861m.
With the transactions stated above, TrygVesta owns a total of 3,022,778 own shares, corresponding to 4.4% 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 TryghedsGruppen smba.