Nasdaq Copenhagen A/S
London Stock Exchange
Bourse de Luxembourg
Other stakeholders

 

Company Announcement No 32/2019

 
Peberlyk 4
6200 Aabenraa
Denmark

 

Tel +45 74 37 37 37
Fax +45 74 37 35 36

 

Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk

 

 
16 September 2019 

Dear Sirs

Sydbank share buyback programme: transactions in week 37

On 1 May 2019 Sydbank announced a share buyback programme of DKK 250m. The share buyback commenced on 2 May 2019 and will be completed by 31 December 2019.
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 Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

 Number
of shares
VWAP

 
Gross value
(DKK)
Accumulated, most recent announcement1,416,000 166,886,800.00
09 September 2019
10 September 2019
11 September 2019
12 September 2019
13 September 2019
11,000
13,000
13,000
10,000
10,000
100.38
103.33
104.20
102.93
104.51
1,104,180.00
1,343,290.00
1,354,600.00
1,029,300.00
1,045,100.00
Total over week 3757,000 5,876,470.00
Total accumulated during
the share buyback programme
 

1,473,000
  

172,763,270.00

                                           
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 2,058,522 own shares, equal to 3.33% of the Bank’s share capital.

Yours sincerely
                                
Karen Frøsig                                      Bjarne Larsen
CEO                                                  Deputy Group Chief Executive

Attachment