SYDB Sydbank A/S

Sydbank share buyback programme: transactions in week 14

Sydbank share buyback programme: transactions in week 14

        

























Company Announcement No 10/2024



Peberlyk 4

6200 Aabenraa

Denmark







Tel

Fax







Sydbank A/S

CVR No DK 12626509, Aabenraa

sydbank.dk











8 April 2024 

Dear Sirs

Sydbank share buyback programme: transactions in week 14

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



277,000		 



104,285,150.00
01 April 2024 (public holiday)

02 April 2024

03 April 2024

04 April 2024

05 April 2024		-

18,000

14,000

14,000

14,000		-

358.68

366.10

367.64

367.15		-

6,456,240.00

5,125,400.00

5,146,960.00

5,140,100.00
Total over week 1460,000 21,868,700.00
Total accumulated during the

share 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 Møller

CEO        Deputy Group Chief Executive

Attachment



EN
08/04/2024

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