13th Jan 2025 08:58
Sydbank share buyback programme: transactions in week 02
| Company Announcement No 02/2025 | Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk |
| 13 January 2025 |
Dear Sirs
Sydbank share buyback programme: transactions in week 02On 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 shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 3,208,000 | 1,133,727,400.00 | |
| 06 January 202507 January 202508 January 202509 January 202510 January 2025 | 10,00010,00020,00020,00020,000 | 387.23390.61374.66362.35369.53 | 3,872,300.003,906,100.007,493,200.007,247,000.007,390,600.00 |
| Total over week 02 | 80,000 | 29,909,200.00 | |
| Total accumulated during theshare buyback programme | 3,288,000 | 1,163,636,600.00 |
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 3,288,283 own shares, equal to 6.02% of the Bank’s share capital.Yours sincerely Mark Luscombe Jørn Adam MøllerCEO Deputy Group Chief Executive
Attachment
SM 02 UK incl. enc
Related Shares:
Sydbank Ord