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Sydbank share buyback programme: transactions in week 48

        

Company Announcement No 57/2024

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

2 December 2024 
Dear Sirs

Sydbank share buyback programme: transactions in week 48

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.

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.

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

 Number of sharesVWAPGross value (DKK)
Accumulated, most recent

Announcement

2,871,000

 

1,010,786,940.00

25 November 2024

26 November 2024

27 November 2024

28 November 2024

29 November 2024

15,000

15,000

15,000

13,000

13,000

352.15

349.74

347.27

351.89

350.25

5,282,250.00

5,246,100.00

5,209,050.00

4,574,570.00

4,553,250.00

Total over week 4871,000 24,865,220.00
Total accumulated during the

share buyback programme

2,942,000

 

1,035,652,160.00

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 Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,945,141 own shares, equal to 5.39% of the Bank's share capital.

Yours sincerely

        

Mark Luscombe        Jørn Adam Møller

CEO        Deputy Group Chief Executive

Attachment