Sydbank share buyback programme: transactions in week 14

        

Company Announcement No 10/2024 Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk
8 April 2024  

Dear Sirs

Sydbank share buyback programme: transactions in week 14On 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 202403 April 202404 April 202405 April 2024 -18,00014,00014,00014,000 -358.68366.10367.64367.15 -6,456,240.005,125,400.005,146,960.005,140,100.00
Total over week 14 60,000   21,868,700.00
Total accumulated during theshare 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 MøllerCEO        Deputy Group Chief Executive

Attachment

  • SM 10 UK incl. enc
Sydbank AS (TG:TM2)
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