Sydbank A/S Sydbank Share Buyback Programme: Transactions In Week 35
02 Settembre 2019 - 10:09AM
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 30/2019 Fax +45 74 37 35 36
Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk
2 September 2019
Dear Sirs
Sydbank share buyback programme: transactions in week 35
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 1,210,000 146,782,010.00
-------------------------------------- ----------- ------- ----------------
26 August 2019 17,000 108.46 1,843,820.00
27 August 2019 17,000 108.29 1,840,930.00
28 August 2019 23,000 99.22 2,282,060.00
29 August 2019 24,000 93.77 2,250,480.00
30 August 2019 24,000 95.02 2,280,480.00
-------------------------------------- ----------- ------- ----------------
Total over week 35 105,000 10,497,770.00
-------------------------------------- ----------- ------- ----------------
Total accumulated during
the share buyback programme 1,315,000 157,279,780.00
-------------------------------------- ----------- ------- ----------------
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 1,916,214 own
shares, equal to 3.10% of the Bank's share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
Attachment
-- FM 30 incl. enc
https://ml-eu.globenewswire.com/Resource/Download/0fdbf2ea-6f7c-4cb7-8ac7-447fd075a9be
(END) Dow Jones Newswires
September 02, 2019 04:09 ET (08:09 GMT)
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