Sydbank A/S Sydbank Share Buyback Programme Completed: Transactions In Week 51
20 Dicembre 2019 - 3:38PM
UK Regulatory
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)
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