Sydbank A/S Sydbank Share Buyback Programme: Transactions In Week 49
09 Dicembre 2019 - 10:15AM
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 54/2019 Fax +45 74 37 35 36
Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk
9 December 2019
Dear Sirs
Sydbank share buyback programme: transactions in week 49
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 1,893,000 225,378,600.00
-------------------------------------- ----------- ------- ----------------
02 December 2019 10,000 127.50 1,275,000.00
03 December 2019 12,000 124.53 1,494,360.00
04 December 2019 10,000 126.31 1,263,100.00
05 December 2019 11,000 129.36 1,422,960.00
06 December 2019 9,000 130.12 1,171,080.00
-------------------------------------- ----------- ------- ----------------
Total over week 49 52,000 6,626,500.00
-------------------------------------- ----------- ------- ----------------
Total accumulated during
the share buyback programme 1,945,000 232,005,100.00
-------------------------------------- ----------- ------- ----------------
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 2,320,580 own
shares, equal to 3.75% of the Bank's share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
Attachment
-- FM 54 incl. enc
https://ml-eu.globenewswire.com/Resource/Download/0b613b4a-e841-4804-aabb-dee400a123e4
(END) Dow Jones Newswires
December 09, 2019 04:15 ET (09:15 GMT)
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