| Nasdaq Copenhagen A/S London Stock Exchange Bourse de Luxembourg Other stakeholders Company Announcement No 31/2018 | 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 |
| 4 June 2018 |
Dear Sirs
Sydbank share buyback programme: transactions in week 22
On 20 February 2018 Sydbank announced a share buyback programme of DKK 500m. The share buyback commenced on 21 February 2018 and will be completed by 31 December 2018.
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:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 803,000 | 185,259,690.00 | |
| 28 May 2018 29 May 2018 30 May 2018 31 May 2018 01 June 2018 | 15,000 18,000 17,000 20,000 19,000 | 226.17 219.43 218.17 219.04 221.34 | 3,392,550.00 3,949,740.00 3,708,890.00 4,380,800.00 4,205,460.00 |
| Total over week 22 | 89,000 | 19,637,440.00 | |
| Total accumulated during the share buyback programme | 892,000 | 204,897,130.00 |
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 the Commission delegated regulation, is available in the attachment.
Following the above transactions, Sydbank holds a total of 1,629,457 own shares, equal to 2.41% of the Bank’s share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
Encl
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