SYDB Sydbank A/S

The Board of Directors resolves not to recommend dividend distribution for 2019 at the Annual General Meeting

The Board of Directors resolves not to recommend dividend distribution for 2019 at the Annual General Meeting

                                                                                                                                                                                       

Nasdaq Copenhagen A/S

London Stock Exchange

Bourse de Luxembourg

Other stakeholders



 



Company Announcement No 12/2020



 		Peberlyk 4

6200 Aabenraa, Denmark



 



Tel

Fax



 



Sydbank A/S

CVR No DK 12626509, Aabenraa

sydbank.dk



 



 
31 March 2020 

Dear Sirs

The Board of Directors resolves not to recommend dividend distribution for 2019 at the Annual General Meeting

As a consequence of the overall economic situation as regards covid-19, Sydbank’s Board of Directors has resolved at a board meeting held today not to recommend dividend distribution for 2019 at the AGM. The decision is made on the basis of the authorities’ recommendations to the industry and to signal the Bank’s wish to support its customers.



Yours sincerely

                         

Karen Frøsig                                    Bjarne Larsen

CEO                                                 Deputy Group Chief Executive

Attachment

EN
31/03/2020

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