Company Announcement No 53/2024
Peberlyk 4
6200 Aabenraa
Denmark
Tel +45 74 37 37 37
Fax +45 74 37 35 36
Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk
11 November 2024 Dear Sirs
Sydbank share buyback programme: transactions in week 45
On 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 sharesVWAPGross value (DKK)Accumulated, most recent
Announcement
2,657,000
935,970,330.0004 November 2024
05 November 2024
06 November 2024
07 November 2024
08 November 202415,000
15,000
15,000
15,000
15,000337.85
340.81
343.41
349.33
346.335,067,750.00
5,112,150.00
5,151,150.00
5,239,950.00
5,194,950.00Total over week 4575,000 25,765,950.00Total accumulated during the
share buyback programme
2,732,000
961,736,280.00 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 2,732,283 own shares, equal to 5.00% of the Bank’s share capital.
Yours sincerely
Mark Luscombe Jørn Adam Møller
CEO Deputy Group Chief Executive
Attachment
SM 53 UK incl. enc