TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 49- 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 24 November 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
24 November 2008 |
3,750 |
303.17 |
1,136,887.50 |
25 November 2008 |
8,750 |
323.50 |
2,830,625.00 |
26 November 2008 |
4,000 |
328.74 |
1,314,960.00 |
27 November 2008 |
- |
- |
- |
28 November 2008 |
5,000 |
333.50 |
1,667,500.00 |
Accumulated |
21,500 |
323.25 |
6,949,972.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,782,760 total amount of DKK 989.
With the transactions stated above, TrygVesta owns a total of 3,423,647hares, corresponding to 5.0 % 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.