Sydbank share buyback programme: transactions i...

Company Announcement N o 2 9 / 20 2 1	Peberlyk 4 6200 Aabenraa Denmark Tel [phone] Fax [phone] Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk
29 November 2021

Dear Sirs

Sydbank share buyback programme: transactions in week 4 7

On 1 October 2021 Sydbank announced that the share buyback programme of DKK 250m, which was terminated on 17 March 2020, would be resumed. The share buyback commenced on 4 October 2021 and will be completed by 30 December 2021.

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	875,000		161,596,070.00
22 November 2021 23 November 2021 24 November 2021 25 November 2021 26 November 2021	22,000 17,000 17,000 20,000 22,000	221.00 219.53 221.09 222.40 215.11	4,862,000.00 3,732,010.00 3,758,530.00 4,448,000.00 4,732,420.00
Total over week 47	98,000		21,532,960.00
Total accumulated during the share buyback programme of DKK 250m	973,000		183,129,030.00

                
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 978,194 own shares, equal to 1.63% of the Bank’s share capital.

Yours sincerely
       
Karen Frøsig        Bjarne Larsen
CEO        Deputy Group Chief Executive

Attachment

• FM 29 UK incl. enc