Share repurchase programme


Silkeborg, 2016-07-01 08:42 CEST (GLOBE NEWSWIRE) -- Share repurchase programme                   

 

The share buy-back programme runs from 09 November 2015 to 30 June 2016. In this period Jyske Bank will acquire shares with a value of up to DKK 750 million, cf. company announcement No. 13/2016 of 23 February 2016, where the original share buy-back programme of DKK 500 million got increased with a total amount of DKK 250 million, with effect as of 1 March 2016. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) which ensures that Jyske Bank is protected against violation of insider legislation in relation to the share buy-back programme.

 

Since the announcement as of 06 November 2015, the following transactions have been made under the program:

 

 

  Number of shares Average
purchase price
Transaction value in DKK
Accumulated, last announcement 2,568,579 284.70 731,286,302
24 June 2016 29,000 257.16 7,457,498
27 June 2016 15,000 246.14 3,692,067
28 June 2016 9,800 249.26 2,442,740
29 June 2016 10,000 250.82 2,508,150
30 June 2016 10,361 252.20 2,613,095
Accumulated under the programme 2,642,740 283.80 749,999,852

 

 

The share repurchase program announced has now been concluded.

 

With the transactions stated above, Jyske Bank has bought a total of 2,642,740 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 2.78% of the share capital.

                                                         

Yours faithfully,

Jyske Bank

 

Any questions in regards to this announcement may be addressed to Trine Lysholt Nørgaard, Director, Head of Investor Relations, on tel. +45 89 89 64 29.


Attachments

Jyske Bank Share Buy-Back UK (30 06 2016)_ End.pdf