TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 13 - 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 2 March 2009.
Since the announcement of 5 May 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
5 May 2008 |
22,250 |
423.51 |
9,423,097.50 |
6 May 2008 |
42,500 |
416.94 |
17,719,950.00 |
7 May 2008 |
27,500 |
412.19 |
11,335,225.00 |
8 May 2008 |
15,000 |
411.92 |
6,178,800.00 |
9 May 2008 |
12,500 |
408.20 |
5,102,500.00 |
Accumulated |
119,750 |
415.53 |
49,759,572.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 416,500 for a total amount of DKK 169.8m.
With the transactions stated above, TrygVesta owns a total of 1,116,992 own shares, corresponding to 1.6% 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 Tryg i Danmark smba.