20th Mar 2017 07:25
Sydbank A/S / Miscellaneous Sydbank share buyback programme: transactions in week 11 20-March-2017 / 09:25 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement. Aabenraa, Denmark, 2017-03-20 09:25 CET (GLOBE NEWSWIRE) --On 1 March 2017 Sydbank announced a share buyback programme of DKK 664m. Theshare buyback commenced on 2 March 2017 and will be completed by 31 December2017. The purpose of the share buyback programme is to reduce the share capital ofSydbank and the programme is executed in compliance with the provisions ofRegulation (EU) No 596/2014 of the European Parliament and of the Council of 16April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March2016, collectively referred to as the Safe Harbour rules. The following transactions have been made under the share buyback programme: Number of VWAP Gross value (DKK) shares Accumulated, most 121,000 30,309,580.00 recent announcement 13 March 2017 15,000 14,000 253.78 252.80 3,806,700.00 3,539,200.0014 March 2017 13,000 12,000 254.76 256.73 3,311,880.00 15 March 2017 11,000 256.91 3,080,760.00 16 March 2017 2,826,010.00 17 March 2017 Total over week 11 65,000 16,564,550.00 Total accumulated 186,000 46,874,130.00 during the share buyback programme All transactions were made under ISIN DK 0010311471 and effected by Danske BankA/S on behalf of Sydbank A/S. Further information about the transactions, cf Article 5 of Regulation (EU) No596/2014 of the European Parliament and of the Council on market abuse and theCommission delegated regulation, is available in the attachment. Following the above transactions, Sydbank holds a total of 2,892,309 ownshares, equal to 4.0% of the Bank's share capital.Click on, or paste the following link into your web browser, to viewthe associated documentshttps://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=620886 The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg |
Language: | English |
Company: | Sydbank A/S |
Denmark | |
ISIN: | DK0010311471 |
Category Code: | MSC |
TIDM: | 0G6U |
Sequence No.: | 3961 |
End of Announcement | EQS News Service |
555499 20-March-2017
UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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