{"id":6056,"date":"2024-06-24T15:53:00","date_gmt":"2024-06-24T08:53:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/06\/24\/2902789\/0\/en\/Sydbank-share-buyback-programme-transactions-in-week-25.html2902789"},"modified":"2024-06-24T15:53:00","modified_gmt":"2024-06-24T08:53:00","slug":"sydbank-share-buyback-programme-transactions-in-week-25","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/sydbank-share-buyback-programme-transactions-in-week-25\/","title":{"rendered":"Sydbank share buyback programme: transactions in week 25"},"content":{"rendered":"\n

        <\/p>\n

\n\n\n
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Company Announcement No 25\/2024<\/strong><\/p>\n<\/td>\n

Peberlyk 4
6200 Aabenraa
Denmark<\/p>\n

Tel +45 74 37 37 37
Fax +45 74 37 35 36<\/p>\n

Sydbank A\/S
CVR No DK 12626509, Aabenraa
sydbank.dk<\/p>\n<\/td>\n<\/tr>\n

24 June 2024<\/td>\n <\/td>\n<\/tr>\n<\/table><\/div>\n

Dear Sirs<\/p>\n

Sydbank share buyback programme: transactions in week 25<\/u><\/strong>
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.<\/p>\n

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.<\/p>\n

The following transactions have been made under the share buyback programme:<\/p>\n

\n\n\n\n\n\n
 <\/td>\nNumber of shares<\/td>\nVWAP<\/td>\nGross value (DKK)<\/td>\n<\/tr>\n
Accumulated, most recent
Announcement<\/td>\n		\n

1,081,000<\/p>\n<\/td>\n

 <\/td>\n\n

394,550,460.00<\/p>\n<\/td>\n<\/tr>\n

17 June 2024
18 June 2024
19 June 2024
20 June 2024
21 June 2024<\/td>\n		13,000
13,000
10,000
10,000
11,000<\/td>\n		363.49
366.95
376.98
373.08
367.44<\/td>\n		4,725,370.00
4,770,350.00
3,769,800.00
3,730,800.00
4,041,840.00<\/td>\n<\/tr>\n
Total over week 25<\/td>\n57,000<\/td>\n <\/td>\n21,038,160.00<\/td>\n<\/tr>\n
Total accumulated during the<\/strong>
share buyback programme<\/strong><\/td>\n		\n

1,138,000<\/p>\n<\/td>\n

 <\/td>\n\n

415,588,620.00<\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A\/S on behalf of Sydbank A\/S.<\/p>\n

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.<\/p>\n

Following the above transactions, Sydbank holds a total of 1,141,104 own shares, equal to 2.09% of the Bank\u2019s share capital.<\/p>\n

Yours sincerely
        
Karen Fr\u00f8sig        J\u00f8rn Adam M\u00f8ller
CEO        Deputy Group Chief Executive<\/p>\n

Attachment<\/strong>\n<\/p>\n