TIDMSYDB 
 
 
 
 
 
 
 
Nasdaq Copenhagen A/S                Peberlyk 4 
 London Stock Exchange                6200 Aabenraa 
 Bourse de Luxembourg                 Denmark 
 Other stakeholders                   Tel +45 74 37 37 37 
 Company Announcement No 16/2019      Fax +45 74 37 35 36 
                                      Sydbank A/S 
                                      CVR No DK 12626509, Aabenraa 
                                      sydbank.dk 
11 June 2019 
 
 
   Dear Sirs 
 
   Sydbank share buyback programme: transactions in week 23 
 
   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               Gross value 
                                         of shares   VWAP         (DKK) 
--------------------------------------  ----------  -------  --------------- 
Accumulated, most recent announcement      300,000             37,532,340.00 
--------------------------------------  ----------  -------  --------------- 
03 June 2019                                15,000   124.56     1,868,400.00 
 04 June 2019                               18,000   124.73     2,245,140.00 
 05 June 2019, Constitution Day                  -        -                - 
 06 June 2019                               17,000   125.56     2,134,520.00 
 07 June 2019                               15,000   126.74     1,901,100.00 
--------------------------------------  ----------  -------  --------------- 
Total over week 23                          65,000              8,149,160.00 
--------------------------------------  ----------  -------  --------------- 
Total accumulated during 
 the share buyback programme               365,000             45,681,500.00 
--------------------------------------  ----------  -------  --------------- 
 
 
 
   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 948,390 own 
shares, equal to 1.54% of the Bank's share capital. 
 
 
 
   Yours sincerely 
 
 
 
   Karen Frøsig                                      Bjarne Larsen 
 
   CEO                                                  Deputy Group Chief Executive 
 
 
   Attachment 
 
 
   -- FM 16 incl. enc. 
      https://ml-eu.globenewswire.com/Resource/Download/7cdd6a05-3ab8-4c42-9fa4-e4bdf477ac10 
 
 
 
 
 

(END) Dow Jones Newswires

June 11, 2019 03:29 ET (07:29 GMT)