Sydbank share buyback programme: transactions in week 12

Udgivet den 27-03-2017  |  kl. 09:23  |  

Aabenraa, Denmark, 2017-03-27 09:23 CEST (GLOBE NEWSWIRE) --

On 1 March 2017 Sydbank announced a share buyback programme of DKK 664m. The share buyback commenced on 2 March 2017 and will be completed by 31 December 2017.

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 the 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       186,000        46,874,130.00
20 March 2017
21 March 2017
22 March 2017
23 March 2017
24 March 2017    
10,000 8,000 7,000 5,000 15,000 257.31 258.39 251.88 253.66 243.99                2,573,100.00 2,067,120.00 1,763,160.00 1,268,300.00 3,659,850.00            
Total over week 12   45,000   11,331,530.00
Total accumulated during the share buyback programme   231,000        
58,205,660.00

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 the Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,938,466 own shares, equal to 4.07% of the Bank's share capital.

Vedhæftede filer:

FM 10 incl. enc..pdf

Udgivet af: NPinvestordk

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