Company Announcement No 11/2024

Peberlyk 4
6200 Aabenraa
Denmark



Tel +45 74 37 37 37
Fax +45 74 37 35 36



Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk





15 April 2024 

Dear Sirs

Sydbank share buyback programme: transactions in week 15
On 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 sharesVWAPGross value (DKK)
Accumulated, most recent
Announcement

337,000		 

126,153,850.00
08 April 2024
09 April 2024
10 April 2024
11 April 2024
12 April 2024		13,000
13,000
13,000
14,000
14,000		371.65
371.59
371.32
368.77
367.19		4,831,450.00
4,830,670.00
4,827,160.00
5,162,780.00
5,140,660.00
Total over week 1567,000 24,792,720.00
Total accumulated during the
share buyback programme

404,000		 

150,946,570.00

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 2,325,658 own shares, equal to 4.11% of the Bank’s share capital.

Yours sincerely
        
Karen Frøsig        Jørn Adam Møller
CEO        Deputy Group Chief Executive

Attachment

  • SM 11 UK incl. enc