2 Apr 2024 09:24
Sydbank share buyback programme: transactions in week 13
| Company Announcement No 09/2024 | Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk |
| 2 April 2024 |
Dear Sirs
Sydbank share buyback programme: transactions in week 13On 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 | 214,000 | 81,900,500.00 | |
| 25 March 202426 March 202427 March 202428 March 2024 (public holiday)29 March 2024 (public holiday) | 23,00020,00020,000-- | 352.55357.24356.56-- | 8,108,650.007,144,800.007,131,200.00-- |
| Total over week 13 | 63,000 | 22,384,650.00 | |
| Total accumulated during theshare buyback programme | 277,000 | 104,285,150.00 |
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 2,192,598 own shares, equal to 3.88% of the Bank’s share capital.Yours sincerely Karen Frøsig Jørn Adam MøllerCEO Deputy Group Chief Executive
Attachment
SM 09 UK incl. enc
Sydbank Ord (0MGE)