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Sydbank A/S / Miscellaneous
Sydbank share buyback programme: transactions in week 40

10-Oct-2016 / 09:04 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, 2016-10-10 09:04 CEST (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)
Accumulated, most 1,550,725 280,484,202.25
recent announcement
03 October 2016 4,000 5,000 202.96 203.40 811,840.00 1,017,000.00
04 October 2016 5,000 2,500 204.83 210.77 1,024,150.00 526,925.00
05 October 2016 2,000 211.21 422,420.00

06 October 2016 07 October 2016

Total over week 40 18,500 3,802,335.00
Total accumulated 1,569,225 284,286,537.25

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 2,382,844 own shares, equal to 3.30% of the Bank's share capital.

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Language: English
Company: Sydbank A/S
ISIN: DK0010311471
Category Code: MSC
Sequence Number: 3472
Time of Receipt: 10-Oct-2016 / 09:04 CET/CEST
End of Announcement EQS News Service

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