TrygVesta A/S – Weekly report on share buy backs
To OMX Nordic Exchange Copenhagen, Announcement no. 15 - 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 19 May 2008, the following transactions have been made under the share buy back programme:
|
Number of shares |
Average purchase price |
Transaction value (DKK) |
19 May 2008 |
27,500 |
403.73 |
11,102,575.00 |
20 May 2008 |
25,000 |
399.08 |
9,977,000.00 |
21 May 2008 |
27,500 |
392.65 |
10,797,875.00 |
22 May 2008 |
23,750 |
386.87 |
9,188,162.50 |
23 May 2008 |
23,500 |
386.41 |
9,080,635.00 |
Accumulated |
127,250 |
394.08 |
50,146,247.50 |
Since the share buy back programme was initiated on 4 April 2008, the total number of repurchased shares is 618,750 for a total amount of DKK 250m.
With the transactions stated above, TrygVesta owns a total of 1,319,242 own shares, corresponding to 1.9% 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 Tryg i Danmark smba.