TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 46 - 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 10 November 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
10 November 2008 |
21,250 |
332.15 |
7,058,187.50 |
11 November 2008 |
24,500 |
287.30 |
7,038,850.00 |
12 November 2008 |
7,250 |
291.52 |
2,113,520.00 |
13 November 2008 |
4,500 |
302.44 |
1,360,980.00 |
14 November 2008 |
8,250 |
310.67 |
2,563,027.50 |
Accumulated |
65,750 |
306.23 |
20,134,565.00 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 2,685,260 for a total amount of DKK 959m.
With the transactions stated above, TrygVesta owns a total of 3,325,967 own shares, corresponding to 4.9% 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.