AI assistant
Sydbank — Share Issue/Capital Change 2015
Nov 4, 2015
3387_rns_2015-11-04_5066af03-70e9-4078-bd43-77dbe9ca37f4.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
Sydbank A/S / Miscellaneous 04-Nov-2015 / 09:14 CET/CEST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------
- Aabenraa, Denmark, 2015-11-04 09:14 CET (GLOBE NEWSWIRE) -- On 10 April 2015 Sydbank announced a share buy-back programme of DKK 500m. The programme was to be executed in compliance with the provisions of the European Commission's Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation. The share buy-back commenced on 13 April 2015 and must have been completed by 31 December 2015. Following the transactions in week 45 Sydbank's share buyback totals DKK 500m and consequently the share buy-back programme is terminated today. The purpose of the share buy-back has been to reduce the share capital of the Bank and at the nextAGM in 2016 the Board of Directors will recommend that the repurchased shares be cancelled. The following transactions have been made under the share buy-back programme: Number of VWAP Gross value (DKK) shares ------------------------------------------------------------------ Accumulated, most recent 1,957,020 488,203,873.80 announcement ------------------------------------------------------------------ 2 November 2015 25,000 223.38 5,584,500.00 3 November 2015 27,780 223.58 6,211,052.40 ------------------------------------------------------------------ Total over week 45 52,780 11,795,552.40 ------------------------------------------------------------------ Total accumulated during the 2,009,800 499,999,426.20 share buy-back programme ------------------------------------------------------------------ Following the above transactions, Sydbank holds a total of
2,871,645 own shares, equal to 3.87% of the Bank's share capital. Click on, or paste the following link into your web browser, to view the associated documents https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet? messageAttachmentId=535792 News Source: NASDAQ OMX --------------------------------------------------------------------- 04-Nov-2015
The EQS Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de/ukreg --------------------------------------------------------------------- Language: English Company: Sydbank A/S Dänemark ISIN: DK0010311471 Category Code: MSC TIDM: 0G6U Sequence Number: 2897 Time of Receipt: 04-Nov-2015 / 09:14 CET/CEST End ofAnnouncement EQS News Service --------------------------------------------------------------------- 408519 04-Nov-2015