Topdanmark A/S

Employee Shares

13.9.2021 11:56:25 CEST | Topdanmark A/S | Other information disclosed according to the rules of the Exchange

13 September 2021

Announcement no. 12/2021

Topdanmark has decided to allocate employee shares

By direction from the Executive Board, Topdanmark has today decided to offer employee shares to the employees for the period 1 November 2021 to 31 October 2022.

The allotment will be based on a cash salary reduction within the framework of section 7 (P) of the Danish Tax Assessment and will be effected on the first business day following the announcement of the Q3 results 2022. Those participating in the scheme must be employees of Topdanmark or of subsidiaries directly or indirectly owned by Topdanmark. In order to be allotted employee shares, the employees must be employed on 1 October 2021 at the latest, must be paid by the month and must be employed at least eight hours per week. The employees must be employed on the time of share allotment in October 2022.

Topdanmark will be allotting own shares as employees shares. Thus, new issue will not take place.

The number of employee shares included in the scheme will depend on the number of employees accepting the offer. Consequently, it is impossible to determine the number of shares allotted pursuant to the scheme. The allotment of employee shares will not have an impact on the post-tax profit.

Please direct any queries to:

Robin Løfgren

Head of IR

Direct tel.: +45 4474 4017, mobile tel.: +45 2962 1691


Topdanmark A/S

CVR no. 78040017

Borupvang 4

2750 Ballerup



Robin Hjelgaard Løfgren

Head of Investor Relations

About Topdanmark A/S

Topdanmark is one of the country's largest insurance and pension companies.

For more than 100 years, we have helped our customers care for what matters the most. Prevent and limit damages. Secure financial security before and after retirement. For the benefit of both people and the environment.

It makes us an attractive company - not only for our customers, but also for our employees, shareholders and the world around us.

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