Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Monday, 13 November 2017

Sydbank share buyback programme: transactions in week 45

Sydbank A/S    

Published: 10:00 CET 13-11-2017 /GlobeNewswire /Source: Sydbank A/S / : 0MGE /ISIN: DK0010311471

Sydbank share buyback programme: transactions in week 45

On 1 March 2017 Sydbank announced a share buyback programme of DKK 664m. The share buyback commenced on 2 March 2017 and will be completed by 31 December 2017.

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 announcement    

  2,241,600    

 
554,237,296.00    

06 November 2017
07 November 2017
08 November 2017
09 November 2017
10 November 2017    

18,000
17,000
16,000
15,000
14,000    

246.94
248.27
246.97
246.84
246.56    

4,444,920.00
4,220,590.00
3,951,520.00
3,702,600.00
3,451,840.00

Total over week 45    

80,000    

19,771,470.00    

Total accumulated during the share buyback programme    

  2,321,600    

 

 
574,008,766.00    

  

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 3,132,365 own shares, equal to 4.45% of the Bank's share capital.

 



FM 52 incl. enc



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Sydbank A/S, Peberlyk 4 Postboks 1038, Aabenraa 6200, Denmark
If you would like to unsubscribe and stop receiving these e-mails click here.