UK Markets closed

Sydbank share buyback programme: transactions in week 40

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Company Announcement No 17/2021

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



11 October 2021

Dear Sirs

Sydbank share buyback programme: transactions in week 40

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)

Shares purchased per 17 March 2020

279,000

31,324,580.00

04 October 2021
05 October 2021
06 October 2021
07 October 2021
08 October 2021

22,000
22,000
22,000
22,000
19,000

193.74
196.42
199.95
203.55
207.39

4,262,280.00
4,321,240.00
4,398,900.00
4,478,100.00
3,940,410.00

Total over week 40

107,000

21,400,930.00

Total accumulated during
the share buyback programme of DKK 250m





386,000





52,725,510.00


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 393,595 own shares, equal to 0.66% of the Bank’s share capital.

Yours sincerely

Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting