TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 42 - 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 3 November 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
3 November 2008 |
12,750 |
356.27 |
4.542,378.75 |
4 November 2008 |
4,000 |
364.50 |
1,458,000.00 |
6 November 2008 |
16,500 |
342.98 |
5,659,170.00 |
7 November 2008 |
27,500 |
334.43 |
9,196,825.00 |
Accumulated |
60,750 |
343.31 |
20,856,373.75 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,619,510 for a total amount of DKK 939m.
With the transactions stated above, TrygVesta owns a total of 3,260,413 own shares, corresponding to 4.8% 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.