Sydbank A/S Sydbank Share Buyback Programme: Transactions In Week 27
08 Luglio 2019 - 10:06AM
UK Regulatory
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 21/2019 Fax +45 74 37 35 36
Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk
8 July 2019
Dear Sirs
Sydbank share buyback programme: transactions in week 27
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 555,000 69,829,240.00
-------------------------------------- ---------- ------- ---------------
1 July 2019 9,000 127.89 1,151,010.00
2 July 2019 10,000 126.23 1,262,300.00
3 July 2019 8,000 127.15 1,017,200.00
4 July 2019 9,000 129.25 1,163,250.00
5 July 2019 8,000 129.81 1,038,480.00
-------------------------------------- ---------- ------- ---------------
Total over week 27 44,000 5,632,240.00
-------------------------------------- ---------- ------- ---------------
Total accumulated during
the share buyback programme 599,000 75,461,480.00
-------------------------------------- ---------- ------- ---------------
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 1,182,688 own
shares, equal to 1.92% of the Bank's share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
Attachment
-- FM 21 UK incl. enc.
https://ml-eu.globenewswire.com/Resource/Download/a1a9ba0d-fd32-47f0-a9e3-7be22b8c8baa
(END) Dow Jones Newswires
July 08, 2019 04:06 ET (08:06 GMT)
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