Sydbank share buyback programme: transactions in week 19

        

Company Announcement No 17/2024 Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk
13 May 2024  

Dear Sirs

Sydbank share buyback programme: transactions in week 19On 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 660,000   243,123,300.00
06 May 202407 May 202408 May 202409 May 2024 (public holiday)10 May 2024 (bankholiday) 17,00016,00015,000-- 359.90360.85358.58-- 6,118,300.005,773,600.005,378,700.00--
Total over week 19 48,000   17,270,600.00
Total accumulated during theshare buyback programme 708,000   260,393,900.00

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 712,595 own shares, equal to 1.30% of the Bank’s share capital.Yours sincerely        Karen Frøsig        Jørn Adam MøllerCEO        Deputy Group Chief Executive

Attachment

  • SM 17 UK incl. enc
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