Sydbank share buyback programme: transactions in week 32

        *Company Announcement **No **3**7**/2****2**2*

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
15 August 2022  

Dear Sirs

*Sydbank share buyback programme: transactions in w**e**ek **3**2*
On 2 March 2022 Sydbank announced a share buyback programme of DKK 425m. The share buyback commenced on 7 March 2022 and will be completed by 30 December 2022.

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 1,062,000  

241,772,830.00
08 August 2022
09 August 2022
10 August 2022
11 August 2022
12 August 2022 11,000
11,000
11,000
11,000
11,000 222.40
220.00
221.94
226.99
224.86 2,446,400.00
2,420,000.00
2,441,340.00
2,496,890.00
2,473,460.00
Total over week 32 55,000   12,278,090.00
Total accumulated during the share buyback programme

1,117,000  

254,050,920.00

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 1,124,935 own shares, equal to 1.92% of the Bank’s share capital.

Yours sincerely       
Karen Frøsig        Bjarne Larsen
CEO        Deputy Group Chief Executive

*Attachment*

· SM 37 UK incl. enc