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Wednesday, 27 December 2017

Sydbank share buyback programme: transactions in week 51

Sydbank A/S    

Published: 09:45 CET 27-12-2017 /GlobeNewswire /Source: Sydbank A/S / : 0MGE /ISIN: DK0010311471

Sydbank share buyback programme: transactions in week 51

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

2,667,600

 

658,338,536.00

18 December 2017
19 December 2017
20 December 2017
21 December 2017
22 December 2017

7,000
8,000
4,000
500
600

249.53
250.27
250.23
251.26
252.48

1,746,710.00
2,002,160.00
1,000,920.00
125,630.00
151,488.00

Total over week 51

20,100

 

5,026,908.00

Total accumulated during the share buyback programme

2,687,700    

 

663,365,444.00

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 3,444,426 own shares, equal to 4.90% of the Bank's share capital.

 



FM 59 incl. enc.pdf



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
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