Sydbank A/S

04/08/2024 | Press release | Distributed by Public on 04/08/2024 02:23

Sydbank share buyback programme: transactions in week 14

Danish English
Published: 2024-04-08 10:23:03 CEST

Sydbank A/S
Changes in company's own shares

Sydbank share buyback programme: transactions in week 14



Company Announcement No 10/2024

Peberlyk 4
6200 Aabenraa
Denmark

Tel +45 74 37 37 37
Fax +45 74 37 35 36

Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk

8 April 2024

Dear Sirs

Sydbank share buyback programme: transactions in week 14
On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

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 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 of shares VWAP Gross value (DKK)
Accumulated, most recent
Announcement


277,000


104,285,150.00
01 April 2024 (public holiday)
02 April 2024
03 April 2024
04 April 2024
05 April 2024
-
18,000
14,000
14,000
14,000
-
358.68
366.10
367.64
367.15
-
6,456,240.00
5,125,400.00
5,146,960.00
5,140,100.00
Total over week 14 60,000 21,868,700.00
Total accumulated during the
share buyback programme


337,000


126,153,850.00

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 Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,270,607 own shares, equal to 4.01% of the Bank's share capital.

Yours sincerely

Karen Frøsig Jørn Adam Møller
CEO Deputy Group Chief Executive

Attachment


Attachments:
SM 10 UK incl. enc.pdf

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