Spar Nord share buyback programme: Transactions in week 32


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 under the European Commission’s Regulation No. 596/2014 of 16 April 2014 (the “Market Abuse Regulation”)

In week 32 of 2016, the following transactions have been made under the programme:

  Number of shares VWAP Gross value (DKK)
Accumulated from last announcement 1,731,467   94,748,427
8 August 2016 10,000 54.93 549,300
9 August 2016 6,533 55.00 359,315
10 August 2016 6,000 55.33 331,980
11 August 2016 5,000 55.46 277,300
12 August 2016 5,500 56.00 308,000
Total – week 32 33,033   1,825,895
Total - accumulated 1,764,500   96,574,322

Following the above transactions, Spar Nord holds a total of 1,825,376 own shares, equal to 1.45 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. 32 - Aktietilbagekøb uge 32 - UK.pdf