Sydbank share buyback programme: transactions in week 42

Company Announcement No 20/2021	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
25 October 2021

Dear Sirs

Sydbank share buyback programme: transactions in week 42

On 1 October 2021 Sydbank announced that the share buyback programme of DKK 250m, which was terminated on 17 March 2020, would be resumed. The share buyback commenced on 4 October 2021 and will be completed by 30 December 2021.

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	473,000		70,972,320.00
18 October 2021 19 October 2021 20 October 2021 21 October 2021 22 October 2021	16,000 16,000 16,000 16,000 16,000	222.05 221.52 221.67 225.32 227.07	3,552,800.00 3,544,320.00 3,546,720.00 3,605,120.00 3,633,120.00
Total over week 42	80,000		17,882,080.00
Total accumulated during the share buyback programme of DKK 250m	553,000		88,854,400.00

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 554,023 own shares, equal to 0.92% of the Bank’s share capital.

Yours sincerely

Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive

Attachment

• FM 20 incl. enc