Spar Nord share buyback programme: Transactions in week 22


In the Annual Report 2015, Spar Nord announced a share buyback programme of DKK 150 million. The buy-back was initiated on 15 February 2016 and will be completed no later than 31 December 2016.

 

The purpose of buying back shares is to reduce the share capital of Spar Nord, and the programme is executed in compliance with the European Commission’s Regulation No 2273/2003 of 22 December 2002 (the Safe Harbour Regulation).

 

In week 22 of 2016, the following transactions have been made under the programme:

 

 

  Number of shares VWAP Gross value (DKK)
Accumulated from last announcement 1,008,931   56,325,017
30 May 2016 5,000 58.00 290,000
31 May 2016 8,000 57.47 459,760
1 June 2016 7,000 57.43 402,010
2 June 2016 13,000 56.88 739,440
3 June 2016 12,000 56.27 675,440
Total – week 22 45,000   2,566,450
Total - accumulated 1,053,931   58,891,467

 

 

 

Following the above transactions, Spar Nord holds a total of 1,142,125 own shares, equal to 0.91 per cent of the Bank’s share capital.

 

Questions regarding this announcement can be directed to the undersigned at tel. +45 25 27 05 80.

 

Sincerely yours,

Spar Nord

 

Ole Madsen

Senior Vice President, Communication & IR

 

Telephone: +45 96344010

oma@sparnord.dk


Attachments

Nr. 22 - Aktietilbagekøb uge 22 - UK.pdf