Sydbank share buyback programme: transactions in week 47

27 Nov 2023 09:53

Sydbank share buyback programme: transactions in week 47

Company Announcement No 40/2023	Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk
27 November 2023

Dear Sirs

Sydbank share buyback programme: transactions in week 47On 6 July 2023 Sydbank announced a share buyback programme of DKK 600m. The share buyback programme commenced on 10 July 2023 and will be completed by 31 January 2024.

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	1,478,800		472,525,998.00
20 November 202321 November 202322 November 202323 November 202324 November 2023	20,00022,00022,00021,00020,000	301.73299.48296.71296.36299.77	6,034,600.006,588,560.006,527,620.006,223,560.005,995,400.00
Total over week 47	105,000		31,369,740.00
Total accumulated during the share buyback programme	1,583,800		503,895,738.00

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 1,591,325 own shares, equal to 2.81% of the Bank’s share capital.Yours sincerely Karen Frøsig Jørn Adam MøllerCEO Deputy Group Chief Executive

Attachment

SM 40 UK incl. enc