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Sydbank share buyback programme: transactions in week 16

24 Apr 2017 08:47

Sydbank A/S / Miscellaneous Sydbank share buyback programme: transactions in week 16 24-Apr-2017 / 09:47 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.


Aabenraa, Denmark, 2017-04-24 09:46 CEST (GLOBE NEWSWIRE) --

On 1 March 2017 Sydbank announced a share buyback programme of DKK 664m. The share buyback commenced on 2 March 2017 and will be completed by 31 December 2017.

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 of shares VWAP Gross value (DKK)
Accumulated, most recent announcement 479,000   118,216,320.00
Holiday 18 April 201719 April 201720 April 201721 April 2017 -25,00023,00018,00017,000-237.55238.81240.72242.52-5,938,750.005,492,630.004,332,960.004,122,840.00
Total over week 16 83,000 19,887,180.00
Total accumulated during the share buyback programme 562,000   138,103,500.00

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 3,263,658.00 own shares, equal to 4.52% of the Bank’s share capital.

Click on, or paste the following link into your web browser, to viewthe associated documents https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=626600

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg


Language:English
Company:Sydbank A/S
Denmark
ISIN:DK0010311471
Category Code:MSC
TIDM:0G6U
Sequence No.:4087
 
End of AnnouncementEQS News Service

566535 24-Apr-2017 

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.

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