Sydbank A/S: Sydbank share buyback programme: transactions in week 09

Aabenraa, Denmark, 2018-03-05 10:20 CET (GLOBE NEWSWIRE) --
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       VWAP            Gross value (DKK)        
                        shares                                                  
Accumulated, most      46,000                          10,984,810.00            
 recent announcement                                                            
26 February 2018       13,000 12,000   242.31 239.31   3,150,030.00 2,871,720.00
27 February 2018        11,000 12,000   239.66 237.96   2,636,260.00            
28 February 2018        13,000          233.10          2,855,520.00            
01 March 2018                                           3,030,300.00            
02 March 2018                                                                   
Total over week 09     61,000                          14,543,830.00            
Total accumulated      107,000                         25,528,640.00            
 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 3,578,733 own
shares, equal to 5.09% of the Bank's share capital.

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=667024