Transaction in Own Shares • May 30, 2016
Transaction in Own Shares
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Nasdaq Copenhagen
30 May 2016 Company Announcement No. 21, 2016
In the Annual Report 2015, Spar Nord announced a share buyback programme of DKK 150 million. The buy-back was initiated on 15 February 2016 and will be completed no later than 31 December 2016.
The purpose of buying back shares is to reduce the share capital of Spar Nord, and the programme is executed in compliance with the European Commission's Regulation No 2273/2003 of 22 December 2002 (the Safe Harbour Regulation).
In week 21 of 2016, the following transactions have been made under the programme:
| Number of | VWAP | Gross value (DKK) | |
|---|---|---|---|
| shares | |||
| Accumulated from | 936,931 | 52,315,797 | |
| last announcement | |||
| 23 May 2016 |
16,000 | 53.74 | 859,840 |
| 24 May 2016 |
20,000 | 54.00 | 1,080,000 |
| 25 May 2016 |
14,000 | 56.67 | 793,380 |
| 26 May 2016 |
12,000 | 58.00 | 696,000 |
| 27 May 2016 | 10,000 | 58.00 | 580,000 |
| Total – week 21 |
72,000 | 4,596,920 | |
| Total - accumulated |
1,008,931 | 60,334,237 |
Following the above transactions, Spar Nord holds a total of 1,055,325 own shares, equal to 0.84 per cent of the Bank's share capital.
Questions regarding this announcement can be directed to the undersigned at tel. +45 25 27 05 80.
Sincerely yours, Spar Nord
Ole Madsen Senior Vice President, Communication & IR Telephone: +45 96344010 [email protected]
Spar Nord Bank A/S
Direktionen Postboks 162 9100 Aalborg
Reg. nr. 9380 Telefon 96 34 40 00 Telefax 96 34 45 62 Swift spno dk 22
www.sparnord.dk [email protected]
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