Topdanmark Trading reports

15/06 - Trading report No. 04/2010: Trading in Topdanmark shares by insiders

31 May 2010
Trading report No. 04/2010

Trading in Topdanmark shares by insiders

In accordance with Section 28(a) of the Danish Securities Trading Act, Topdanmark is required to publish details of the transactions in Topdanmark's shares and related securities effected by senior management and their connected persons.

The following has been reported to Topdanmark:

Name:	Michael Pram Rasmussen
Reason:	Chairman of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	26 May 2010
Market:	Nasdaq OMX, Copenhagen
Number:	17,600
Share price in DKK:	11,726,000

Name:	Michael Pram Rasmussen
Reason:	Chairman of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	28 May 2010
Market:	Nasdaq OMX, Copenhagen
Number:	16,600
Share price in DKK:	11,470,102
Pre-tax net gain after strike (DKK):	1,377,302

Please direct any queries to:

Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

26/03 - Trading report No. 03/2010: Trading in Topdanmark shares by insiders

26 March 2010
Trading report No. 03/2010

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Charlotte Hougaard
Reason:	Member of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	25 March 2010
Market:	Nasdaq OMX, Copenhagen
Number:	160
Share price in DKK:	112,410

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Mobile: +45 4025 3524

17/03 - Trading report No. 02/2010: Trading in Topdanmark shares by insiders

17 March 2010
Trading report No. 02/2010

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Christian Sagild
Reason:	CEO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	12 March 2010
Market:	Nasdaq OMX, Copenhagen
Number:	11,500
Share price in DKK:	7,994,570

Name:	Christian Sagild
Reason:	CEO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	16 March 2010
Market:	Nasdaq OMX, Copenhagen
Number:	7,000
Share price in DKK:	4,921,280
Pre-tax net gain after strike (DKK):	1,575,280

Name:	Kim Bruhn-Petersen
Reason:	COO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	12 March 2010
Market:	Nasdaq OMX, Copenhagen
Number:	3,300
Share price in DKK:	2,294,094

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Mobile: +45 4025 3524

04/01 - Trading report No. 01/2010: Trading in Topdanmark shares by insiders

4 January 2010
Trading report No. 01/2010

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Christian Sagild
Reason:	CEO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	4 January 2010
Market:	Nasdaq OMX, Copenhagen
Number:	16,400
Share price in DKK:	1,766,000

Name:	Lars Thykier
Reason:	CFO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	4 January 2010
Market:	Nasdaq OMX, Copenhagen
Number:	10,000
Share price in DKK:	1,077,000

Name:	Kim Bruhn-Petersen
Reason:	COO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	4 January 2010
Market:	Nasdaq OMX, Copenhagen
Number:	10,900
Share price in DKK:	1,174,000

The share price has been calculated using the Black and Scholes model assuming a share price of DKK 705.72, an interest rate equivalent to the zero coupon rate based on the swap curve of 30 December 2009, future annual volatility of 22%, corporation tax of 25% and a pattern of exercise similar to Topdanmark's previous allocations of share options.

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

04/09 - 04/2009: Insideres handel med Topdanmark-aktier

4 September 2009
Trading report No. 04/2009

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Michael Pram Rasmussen
Reason:	Chairman of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	36,840
Share price in DKK:	26,487,960

Name:	Michael Pram Rasmussen
Reason:	Chairman of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	36,840
Share price in DKK:	26,487,960
Pre-tax net gain after strike (DKK):	8,487,568

Name:	Kim Bruhn-Petersen
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	6,000
Share price in DKK:	4,314,000

Name:	Kim Bruhn-Petersen
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	6,000
Share price in DKK:	4,314,000
Pre-tax net gain after strike (DKK):	1,382,340

Name:	Lars Thykier
Reason:	CFO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	10,400
Share price in DKK:	7,477,600

Name:	Lars Thykier
Reason:	CFO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	4 September 2009
Market:	Nasdaq OMX, Copenhagen
Number:	10,400
Share price in DKK:	7,477,600
Pre-tax net gain after strike (DKK):	2,395,016

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

27/03 - 03/2009: Trading in Topdanmark shares by insiders

27 March 2009
Trading report No. 03/2009

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	26 March 2009
Market:	Nasdaq OMX, Copenhagen
Number:	12,500
Share price in DKK:	6,974,000

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	26 March 2009
Market:	Nasdaq OMX, Copenhagen
Number:	12,500
Share price in DKK:	6,974,000
Pre-tax net gain after strike (DKK):	2,177,625

Name:	Kim Bruhn-Petersen
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Subscription by exercise of warrants
Trade date:	26 March 2009
Market:	Nasdaq OMX, Copenhagen
Number:	1,400
Share price in DKK:	781,088

Name:	Kim Bruhn-Petersen
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	26 March 2009
Market:	Nasdaq OMX, Copenhagen
Number:	1,400
Share price in DKK:	781,088
Pre-tax net gain after strike (DKK):	243,894

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

23/03 - 02/2009: Insideres handel med Topdanmark-aktier

23 March 2009
Trading report No. 02/2009

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Exercise of options
Trade date:	20 March 2009
Market:	Nasdaq OMX, Copenhagen
Number.:	7,500
Share price in DKK:	4,072,575

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	20 March 2009
Market:	Nasdaq OMX, Copenhagen
Number.:	7,500
Share price in DKK:	4,072,575
Pre-tax net gain after strike (DKK):	2,401,575

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

02/01 - 01/2009: Trading in Topdanmark shares by insiders

2 January 2009
Trading report No. 01/2009

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Poul Almlund
Reason:	CEO
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	2 January 2009
Market:	OMX Nordic Exchange, Copenhagen
Number.:	12,276
Share price in DKK:	1,219,000

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	2 January 2009
Market:	OMX Nordic Exchange, Copenhagen
Number.:	13,900
Share price in DKK:	1,380,000

Name:	Kim Bruhn-Petersen
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Purchase of options
Trade date:	2 January 2009
Market:	OMX Nordic Exchange, Copenhagen
Number.:	10,500
Share price in DKK:	1,042,000

The share price has been calculated using the Black and Scholes model assuming a share price of DKK 692.31, an interest rate equivalent to the zero coupon rate based on the swap curve of 29 December 2008, future annual volatility of 20%, corporation tax of 25% and a pattern of exercise similar to Topdanmark's previous allocations of share options.

Please direct any queries to:
Steffen Heegaard, Head of IR and Group Communications
Mobile: +45 4025 3524

10/12 - 06/2008: Trading in Topdanmark's shares by insiders

10 December 2008
Trading report No. 06/2008

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Ole D�ssing
Reason:	Member of the Board of Directors
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	9 December 2008
Market:	OMX Nordic Exchange, Copenhagen
Number:	175
Share price (DKK):	121,632

Please direct any queries to:
Steffen Heegaard, Head of IR and Communications
Direct tel: +45 4474 4017, Mobile: +45 4025 3524

04/12 - 05/2008: Trading in Topdanmark shares by insiders

4 December 2008
Trading report No. 05/2008

Trading in Topdanmark shares by insiders

The following has been reported to Topdanmark:

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Exercise of share options
Trade date:	2 December 2008
Market:	OMX Nordic Exchange, Copenhagen
Number:	7,000
Share price (DKK):	4,711,210

Name:	Christian Sagild
Reason:	Group Managing Director
Issuer:	Topdanmark A/S
ISIN code:	1025953
Designation:	Shares
Transaction:	Sale
Trade date:	3 December 2008
Market:	OMX Nordic Exchange, Copenhagen
Number:	7,000
Share price (DKK):	4,774,560
Pre-tax net gain after strike (DKK):	3,360,000

Please direct any queries to:
Steffen Heegaard, Communication and IR Manager
Mobile: +45 4025 3524