Sydbank share buyback programme: transactions in week 46


Aa, 2016-11-21 09:41 CET (GLOBE NEWSWIRE) --

On 24 February 2016 Sydbank announced a share buyback programme of DKK 350m. The share buyback commenced on 29 February 2016 and will be completed by 31 December 2016.

The purpose of the share buyback 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 buyback programme:

  Number of shares     VWAP       Gross value (DKK)    
Accumulated, most recent announcement       1,694,525         310,238,189.75    
14 November 2016
15 November 2016
16 November 2016
17 November 2016
18 November 2016    
5,000
3,500
4,000
5,000
5,700
210.66
209.02
209.28
207.78
209.32
1,053,300.00
731,570.00
837,120.00
1,038,900.00
1,193,124.00
Total over week 46     23,200   4,854,014.00
Total accumulated during the share buyback programme   1,717,725     315,092,203.75

 

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and the Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,516,912 own shares, equal to 3.48% of the Bank’s share capital.


Attachments

FM 48 incl. enc.pdf