Aabenraa, 2015-07-06 09:00 CEST (GLOBE NEWSWIRE) --
Dear Sirs
Sydbank share buy-back programme: transactions in week 27
On 10 April 2015 Sydbank announced a share buy-back programme of DKK 500m. The share buy-back commenced on 13 April 2015 and will be completed by 31 December 2015.
The purpose of the share buy-back programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of the European Commission’s Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation.
The following transactions have been made under the share buy-back programme:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 795,300 | 202,192,392 | |
| 29 June 2015 30 June 2015 01 July 2015 02 July 2015 03 July 2015 | 15,000 12,000 11,000 20,000 18,000 | 258.26 255.35 259.78 251.61 247.39 | 3,873,900 3,064,200 2,857,580 5,032,200 4,453,020 |
| Total over week 27 | 76,000 | 19,280,900 | |
| Total accumulated during the share buy-back programme | 871,300 | 221,473,292 |
Following the above transactions, Sydbank holds a total of 1,674,986 own shares, equal to 2.26% of the Bank’s share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
