UK Regulatory | 19 December 2016 09:15


Sydbank share buyback programme: transactions in week 50

Sydbank A/S / Miscellaneous

19-Dec-2016 / 09:15 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------


Aabenraa, Denmark, 2016-12-19 09:14 CET (GLOBE NEWSWIRE) --
On 24 February 2016 Sydbank announced a share buyback programme of DKK 350m.
The share buyback commenced on 29 February 2016 and will be completed by 31
December 2016. 

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 the
European Commission's Regulation No 2273/2003 of 22 December 2003, known as the
Safe Harbour Regulation. 

The following transactions have been made under the share buyback programme:

                       Number of      VWAP            Gross value (DKK)         
                        shares                                                  
Accumulated, most          1,783,225                              328,834,293.25
 recent announcement                                                            
12 December 2016         6,000 7,000   217.42 219.72   1,304,520.00 1,538,040.00
13 December 2016         9,000 9,000   222.80 223.15   2,005,200.00 2,008,350.00
14 December 2016              10,000          222.19                2,221,900.00
15 December 2016                                                                
16 December 2016                                                                
Total over week 50            41,000                                9,078,010.00
Total accumulated          1,824,225                              337,912,303.25
 during the share                                                               
 buyback programme                                                              

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 2,623,629 own
shares, equal to 3.63% of the Bank's 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=608706

News Source: NASDAQ OMX







---------------------------------------------------------------------------

The EQS Distribution Services include Regulatory Announcements,
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 Number:    3703
     Time of Receipt:    19-Dec-2016 / 09:15 CET/CEST



     End of Announcement    EQS News Service