20-Nov-2017 / 09:34 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Aabenraa, Denmark, 2017-11-20 09:33 CET (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
2,321,600
　
574,008,766.00
13 November 2017
14 November 2017
15 November 2017
16 November 2017
17 November 2017
Total accumulated during the share buyback programme
2,406,600
594,807,966.00
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 3,225,489 own shares, equal to 4.58% of the Bank’s share capital.
Click on, or paste the following link into your web browser, to view
the associated documents
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=653753
Sydbank A/S (the Bank) is a Denmark-based bank. It is engaged in the provision of banking products and services to both individuals and businesses in Denmark and Germany. The Bankâs offering includes such products and services, as loans, savings accounts, cards, pension funds, life insurance, payment services and financing, as well as investment services. The Bank offers also an online banking solution, NetBank, as well as a mobile telephone banking solution, MobilBank, which both enable customers to pay bills and trade securities, among others. The Bank is active through over 90 branches in Denmark and five branches in Germany. Its subsidiaries include: Ejendomsselskabet af 1. juni 1986 A/S, Sydbank (Schweiz) AG in Liquidation, TB Leasing ApS and Sydinvest Administration A/S.
SYDBANK A/S 
