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 35 of 2016, the following transactions have been made under the programme:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated from last announcement | 1,817,000 | 99,553,362 | |
| 29 August 2016 | 3,500 | 61.29 | 214,515 |
| 30 August 2016 | 2,000 | 62.27 | 124,540 |
| 31 August 2016 | 1,000 | 64.25 | 64,250 |
| 1 September 2016 | 1,500 | 64.92 | 97,380 |
| 2 September 2016 | 2,000 | 65.06 | 130,120 |
| Total – week 35 | 10,000 | 630,805 | |
| Total - accumulated | 1,827,000 | 100,184,167 |
Following the above transactions, Spar Nord holds a total of 1,924,029 own shares, equal to 1.53 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
Appendix – data on transactions
| Volume | Price | Venue | Time CET | |
| 250 | 61 | XCSE | 20160829 09:32:17.315000 | |
| 32 | 61 | XCSE | 20160829 10:04:56.756000 | |
| 205 | 61 | XCSE | 20160829 10:04:56.756000 | |
| 13 | 61 | XCSE | 20160829 10:04:56.756000 | |
| 500 | 60,5 | XCSE | 20160829 10:05:11.808000 | |
| 500 | 61,5 | XCSE | 20160829 14:25:36.010000 | |
| 500 | 61,5 | XCSE | 20160829 14:25:36.010000 | |
| 500 | 61,5 | XCSE | 20160829 15:12:44.104000 | |
| 500 | 61,5 | XCSE | 20160829 16:01:44.712000 | |
| 500 | 61,5 | XCSE | 20160829 16:35:03.273000 | |
| Volume | Price | Venue | Time CET | ||
| 250 | 62 | XCSE | 20160830 12:47:02.145000 | ||
| 250 | 62 | XCSE | 20160830 13:48:40.204000 | ||
| 250 | 62 | XCSE | 20160830 14:31:11.330000 | ||
| 250 | 62 | XCSE | 20160830 15:20:46.489000 | ||
| 1000 | 62,54 | XCSE | 20160830 17:00:16.549522 | ||
| Volume | Price | Venue | Time CET | ||
| 250 | 63,5 | XCSE | 20160831 09:47:15.416000 | ||
| 250 | 64,5 | XCSE | 20160831 11:40:33.737000 | ||
| 67 | 64,5 | XCSE | 20160831 15:17:29.570000 | ||
| 7 | 64,5 | XCSE | 20160831 15:47:49.987000 | ||
| 176 | 64,5 | XCSE | 20160831 15:55:33.320000 | ||
| 250 | 64,5 | XCSE | 20160831 16:44:02.453000 | ||
| Volume | Price | Venue | Time CET | ||
| 250 | 64,5 | XCSE | 20160901 09:34:04.894000 | ||
| 250 | 64,5 | XCSE | 20160901 12:27:37.064000 | ||
| 250 | 64,5 | XCSE | 20160901 12:43:00.238000 | ||
| 250 | 65,5 | XCSE | 20160901 15:11:56.001000 | ||
| 250 | 65,5 | XCSE | 20160901 15:43:27.061000 | ||
| 250 | 65 | XCSE | 20160901 16:42:07.982000 | ||
| Volume | Price | Venue | Time CET | ||
| 98 | 65 | XCSE | 20160902 09:23:32.320000 | ||
| 152 | 65 | XCSE | 20160902 09:53:04.724000 | ||
| 250 | 65 | XCSE | 20160902 11:35:16.172000 | ||
| 250 | 65 | XCSE | 20160902 12:38:55.358000 | ||
| 500 | 65 | XCSE | 20160902 15:07:51.592000 | ||
| 250 | 65 | XCSE | 20160902 15:41:36.687000 | ||
| 250 | 65,5 | XCSE | 20160902 16:27:31.780000 | ||
| 250 | 65 | XCSE | 20160902 16:49:34.889000 | ||
