SYDBANK A/S GROUP EXECUTIVE MANAGEMENT Sydbank
NASDAQ OMX Copenhagen London Stock Exchange Bourse de Luxembourg Other stakeholders
Company Announcement No 18/2016
Peberlyk 4
6200 Aabenraa Denmark
Tel +45 74 37 37 37
Fax +45 74 37 35 36
Sydbank NS
CVR No DK 12626509,Aabenraa sydbank.dk
23 May 2016
Dear Sirs
Sydbank share buyback programme: transactions i n week 20
On 24 February 2016 Sydbank announced a share buyback programme of DKK 350m. The share buyback commenced on 29 February 2016 and will be completed by 31 December 2016.
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 the European Commission's Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation.
The following transactions have been made under the share buyback programme:
Number of shares | VWAP | Gross value (DKK) | |
Accumulated, most recent announcement | 766,000 | 141,527,560.00 | |
16 May 2016 - Holiday 17 May 2016 18 May 2016 19 May 2016 20 May 2016 | - 24,000 13,000 18,000 10,000 | - 173.59 173.16 179.24 181.10 | - 4,166,160.00 2,251,080.00 3,226,320.00 1,811,000.00 |
Total over week 20 | 65,000 | 11,454,560.00 | |
Total accumulated during the share buyback programme | 831,000 | 152,982,120.00 |
Following the above transactions, Sydbank holds a total of 3,691,900 own shares, equal to 4.97% of the Bank's share capital.
Yours sincerely
Karen Fr0sig
CEO
Bjarne Larsen
Deputy Group Chief Executive
Sydbank A/S published this content on 23 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 May 2016 08:50:02 UTC.
Original documenthttp://www.sydbank.com/inc/pdf/sydbankcom/announcements/2016/announcement_18-16.pdf
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