TIDMSYDB 
 
 
 
 
Nasdaq Copenhagen A/S                Peberlyk 4 
 London Stock Exchange                6200 Aabenraa, Denmark 
 Bourse de Luxembourg                 Tel: +45 74 37 37 37 
 Other stakeholders                   Fax +45 74 37 35 36 
 Company Announcement No 57/2019      Sydbank A/S 
                                      CVR No DK 12626509, Aabenraa 
                                      sydbank.dk 
20 December 2019 
 
 
   Dear Sirs 
 
   Sydbank share buyback programme completed: transactions in week 51 
 
   In accordance with Company Announcement No 08/2019 Sydbank announced on 
1 May 2019 a share buyback programme of DKK 250m. The share buyback 
programme was scheduled to end on or before 31 December 2019. 
 
   Under the programme 2,077,680 own shares have been repurchased at a 
transaction value of approx DKK 250m. Therefore as of today the share 
buyback programme has ended. 
 
   The purpose of the share buyback programme has been to reduce the share 
capital of Sydbank A/S and it has been executed in compliance with 
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 
                                          Shares      VWAP   Gross value (DKK) 
-------------------------------------  -----------  -------  ----------------- 
 
Accumulated, most recent announcement    1,995,000             238,671,270.00 
-------------------------------------  -----------  -------  ----------------- 
16 December 2019                         11,000     132.50     1,457,500.00 
 17 December 2019                         20,000     136.10     2,722,000.00 
 18 December 2019                         30,000     138.82     4,164,600.00 
 19 December 2019                         21,680     137.65     2,984,252.00 
-------------------------------------  -----------  -------  ----------------- 
Total over week 51                          82,680               11,328,352.00 
-------------------------------------  -----------  -------  ----------------- 
Total accumulated during 
 the share buyback programme             2,077,680              249,999,622.00 
-------------------------------------  -----------  -------  ----------------- 
 
   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. 
 
   Today the Bank's holding of own shares is equal to 3.96% of the Bank's 
total share capital. 
 
 
 
   Yours sincerely 
 
 
 
   Karen Frøsig                                      Bjarne Larsen 
 
   CEO                                                  Deputy Group Chief Executive 
 
 
   Appendices 
 
   Attachment 
 
 
   -- FM 57 incl. enc 
      https://ml-eu.globenewswire.com/Resource/Download/39dfb4da-f133-4d5e-a06c-a35eff41b429 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 20, 2019 09:38 ET (14:38 GMT)