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Sydbank — Share Issue/Capital Change 2017
Sep 11, 2017
3387_rns_2017-09-11_bc5e7ad0-c88f-41cb-924e-33c38c8ca4db.pdf
Share Issue/Capital Change
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Sydbank A/S / Miscellaneous
11-Sep-2017 / 09:26 CET/CEST
Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.
Aabenraa, Denmark, 2017-09-11 09:24 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:
| ã | Number of sharesVWAP | Gross value (DKK) | |
|---|---|---|---|
| Accumulated, most recent announcement | 1,685,600 | ã | 415,194,856.00 |
| 04 September 2017 05 September 2017 06 September 2017 07 September 2017 08 September 2017 |
15,000 15,000 17,000 16,000 16,000 |
245.18 244.34 239.56 241.61 242.12 |
3,677,700.00 3,665,100.00 4,072,520.00 3,865,760.00 3,873,920.00 |
| Total over week 36 | 79,000 | ã | 19,155,000.00 |
| Total accumulated during the share buyback programme |
1,764,600 | 434,349,856.00 |
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, cfArticle 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 2,569,933 own shares, equal to 3,65% of the Bankâs share capital.
Click on, or paste the following link into your web browser, to view the associated documents https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=644922
The EQS Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg
Language: English Company: Sydbank A/S Denmark ISIN: DK0010311471 Category Code:MSC TIDM: 0G6U Sequence No.: 4615
End ofAnnouncementEQS News Service