TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 41 - 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 27 October 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
27 October 2008 |
17,000 |
299.10 |
5.084,700.00 |
28 October 2008 |
7,500 |
310.53 |
2,328,997.50 |
29 October 2008 |
4,250 |
325.94 |
1,385,245.00 |
31 October 2008 |
4,500 |
349.22 |
1,571,499.00 |
Accumulated |
33,250 |
311.89 |
10,370,411.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,558,760 for a total amount of DKK 918m.
With the transactions stated above, TrygVesta owns a total of 3,199,663 own shares, corresponding to 4.7% 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.