SYDBANK A/S GROUP EXECUTIVE MANAGEMENT Sydbank
NASDAQ OMX Copenhagen London Stock Exchange Bourse de Luxembourg Other stakeholders
Company Announcement No 53/2016
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 December 2016
Dear Sirs
Termin ation of share buyback programme at Sydbank and transactions i n week 51
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 share buyback 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.
Following the transactions in week 51 Sydbank's share buy-back totals DKK 350m and consequently the share buyback programme is terminated today.
The purpose of the share buyback programme has been to reduce the share capital of the Bank and at the next AGM in 2017 the Board of Directors will recommend that the repurchased shares be cancelled.
The following transactions have been made under the share buyback programme:
Number of shares | VWAP | Gross value (DKK) | |
Accumulated , most recent announcement | 1,824,225 | 337,912,303.25 | |
19 December 2016 | 10,000 | 221.30 | 2,213,000.00 |
20 December 2016 | 11,000 | 221.19 | 2,433,090.00 |
21 December 2016 | 18,000 | 219.81 | 3,956,580.00 |
22 December 2016 | 15,800 | 219.94 | 3,475,052.00 |
23 December 2016 | - | - | - |
Total over week 51 | 54,800 | 12,077,722.00 | |
Total accumulated during the share buyback programme | 1,879,025 | 349,990,025.25 |
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 2,684,781 own shares, equal to 3.72% of the Bank's share capital.
Yours sincerely
Karen Frnsig CEO
lit111
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Bjarne Larsen
Deputy Group Chief Executive
Appendix
Volume | Price | Venue | Time CET |
93 | 220,3 | XCSE | 20161219 09:17:23.859000 |
76 | 220,3 | CHIX | 20161219 09:17:35.130000 |
27 | 220,3 | BATE | 20161219 09:17:35.130000 |
27 | 220,3 | TRQX | 20161219 09:17:35.130000 |
277 | 220,3 | XCSE | 20161219 09:17:35.140000 |
2 | 221,2 | BATD | 20161219 09:56:02.075000 |
150 | 221,3 | XCSE | 20161219 09:56:02.129000 |
18 | 221,3 | BATE | 20161219 09:56:56.312000 |
35 | 221,3 | CHIX | 20161219 09:56:56.312000 |
18 | 221,3 | CHIX | 20161219 09:56:56.312000 |
18 | 221,3 | TRQX | 20161219 09:56:56.312000 |
26 | 221,3 | XCSE | 20161219 09:56:56.323000 |
144 | 221,3 | XCSE | 20161219 09:57:00.529000 |
89 | 221,3 | XCSE | 20161219 09:57:00.529000 |
120 | 221,5 | XCSE | 20161219 10:42:50.093000 |
356 | 221,5 | TRQX | 20161219 10:42:50.106000 |
24 | 221,5 | XCSE | 20161219 10:47:14.541000 |
50 | 221,8 | XCSE | 20161219 11:35:44.361000 |
39 | 221,8 | XCSE | 20161219 11:35:44.361000 |
411 | 221,8 | XCSE | 20161219 11:35:44.361000 |
700 | 221,9 | XCSE | 20161219 12:15:54.664111 |
166 | 221,4 | XCSE | 20161219 12:45:00.463000 |
54 | 221,4 | XCSE | 20161219 12:45:00.463000 |
70 | 221,4 | CHIX | 20161219 12:45:00.463000 |
18 | 221,4 | CHIX | 20161219 12:45:00.463000 |
218 | 221,4 | XCSE | 20161219 13:22:05.667000 |
74 | 221,4 | XCSE | 20161219 13:22:05.923000 |
103 | 221,5 | TRQX | 20161219 13:38:35.869000 |
120 | 221,5 | BATE | 20161219 13:38:35.869000 |
100 | 221,5 | BATE | 20161219 13:38:35.869000 |
120 | 221,5 | XCSE | 20161219 13:38:35.871000 |
57 | 221,5 | XCSE | 20161219 13:38:35.871000 |
64 | 222 | XCSE | 20161219 14:16:31.461000 |
70 | 222 | XCSE | 20161219 14:16:31.461000 |
89 | 222 | XCSE | 20161219 14:16:31.461000 |
79 | 222 | XCSE | 20161219 14:16:31.616000 |
50 | 222 | XCSE | 20161219 14:17:55.948000 |
10 | 222 | TRQX | 20161219 14:17:55.957000 |
10 | 222 | BATE | 20161219 14:17:55.958000 |
30 | 222 | CHIX | 20161219 14:17:55.958000 |
98 | 222 | XCSE | 20161219 14:17:55.968000 |
27 | 221,5 | BATE | 20161219 14:39:01.026000 |
20 | 221,5 | CHIX | 20161219 14:39:01.027000 |
26 | 221,5 | CHIX | 20161219 14:39:01.050000 |
116 | 221,5 | XCSE | 20161219 14:42:52.827000 |
254 | 221,5 | XCSE | 20161219 14:42:52.856000 |
27 | 221,5 | BATE | 20161219 14:42:52.869000 |
30 | 221,5 | CHIX | 20161219 14:42:52.869000 |
444 | 221,3 | XCSE | 20161219 15:16:46.679000 |
123 | 221,6 | XCSE | 20161219 15:35:09.110000 |
150 | 221,6 | XCSE | 20161219 15:35:09.110000 |
150 | 221,6 | XCSE | 20161219 15:35:09.110000 |
169 | 221,6 | XCSE | 20161219 15:35:09.110000 |
43 | 221,6 | TRQX | 20161219 15:35:09.120000 |
122 | 221,6 | CHIX | 20161219 15:35:09.120000 |
43 | 221,6 | BATE | 20161219 15:35:09.120000 |
92 | 221,3 | CHIX | 20161219 15:36:54.936000 |
64 | 221,3 | CHIX | 20161219 15:36:55.107000 |
100 | 221,2 | XCSE | 20161219 15:38:12.746000 |
40 | 221,2 | XCSE | 20161219 15:38:13.176000 |
1 | 221,2 | XCSE | 20161219 15:38:24.528000 |
370 | 221 | XCSE | 20161219 15:46:52.556000 |
11 | 221 | XCSE | 20161219 15:46:56.042000 |
119 | 221 | XCSE | 20161219 15:47:00.087000 |
147 | 221,1 | TRQX | 20161219 15:59:46.837000 |
15 | 221,1 | BATE | 20161219 15:59:46.837000 |
70 | 221,1 | CHIX | 20161219 15:59:46.837000 |
50 | 221,1 | TRQX | 20161219 15:59:46.837000 |
92 | 221,1 | XCSE | 20161219 15:59:46.839000 |
75 | 221,1 | XCSE | 20161219 15:59:46.839000 |
88 | 221,1 | XCSE | 20161219 15:59:46.839000 |
55 | 221,1 | XCSE | 20161219 16:00:41.029000 |
150 | 221,1 | XCSE | 20161219 16:00:41.029000 |
137 | 221,1 | XCSE | 20161219 16:00:41.044000 |
71 | 221,1 | CHIX | 20161219 16:00:41.054000 |
25 | 221,1 | BATE | 20161219 16:00:41.054000 |
25 | 221,1 | TRQX | 20161219 16:00:41.055000 |
444 | 221,1 | XCSE | 20161219 16:02:10.815000 |
32 | 221,1 | BATE | 20161219 16:02:10.830000 |
32 | 221,1 | TRQX | 20161219 16:02:10.831000 |
92 | 221,1 | CHIX | 20161219 16:02:10.833000 |
370 | 220,8 | XCSE | 20161219 16:14:58.626000 |
27 | 220,8 | TRQX | 20161219 16:14:58.635000 |
27 | 220,8 | BATE | 20161219 16:14:58.636000 |
76 | 220,8 | CHIX | 20161219 16:14:58.636000 |
150 | 220,6 | XCSE | 20161219 16:26:27.771000 |
19 | 221 | CHIX | 20161219 16:36:01.591000 |
11 | 221 | BATE | 20161219 16:39:53.272000 |
18 | 221 | BATE | 20161219 16:39:53.272000 |
82 | 221 | CHIX | 20161219 16:39:53.272000 |
29 | 221 | TRQX | 20161219 16:39:53.273000 |
400 | 221 | XCSE | 20161219 16:39:53.283000 |
261 | 221 | XCSE | 20161219 16:44:21.840000 |
21 | 221 | XCSE | 20161219 16:44:21.883000 |
68 | 221 | XCSE | 20161219 16:44:21.903000 |
Volume | Price | Venue | Time CET |
88 | 222,7 | TRQX | 20161220 09:55:37.523000 |
70 | 222,7 | TRQX | 20161220 09:55:37.523000 |
90 | 222,7 | CHIX | 20161220 09:55:37.523000 |
16 | 222,7 | CHIX | 20161220 09:55:37.523000 |
92 | 222,7 | XCSE | 20161220 09:55:37.525000 |
144 | 222,7 | XCSE | 20161220 09:55:37.525000 |
62 | 222,1 | CHIX | 20161220 10:08:08.122000 |
66 | 222 | XCSE | 20161220 10:24:20.098000 |
120 | 222 | XCSE | 20161220 10:24:20.098000 |
98 | 222 | XCSE | 20161220 10:24:20.098000 |
2 | 222 | XCSE | 20161220 10:24:20.098000 |
17 | 222 | XCSE | 20161220 10:24:20.098000 |
100 | 222 | XCSE | 20161220 10:24:20.098000 |
35 | 222 | XCSE | 20161220 10:24:20.276000 |
100 | 222 | XCSE | 20161220 10:30:01.017000 |
100 | 222 | XCSE | 20161220 10:30:01.017000 |
100 | 222 | XCSE | 20161220 10:30:01.039000 |
100 | 222 | XCSE | 20161220 10:30:01.039000 |
100 | 222 | XCSE | 20161220 10:30:01.040000 |
Sydbank A/S published this content on 23 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 December 2016 02:28:06 UTC.
Original documenthttp://www.sydbank.com/inc/pdf/sydbankcom/announcements/2016/announcement_53-16.pdf
Public permalinkhttp://www.publicnow.com/view/8055A96EFD74322B34838D2E1CCA48C579D5E49A
