Sydbank share buyback programme: transactions in week 15

        

*Company Announcement No 11/2024*

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
15 April 2024  

Dear Sirs

*Sydbank share buyback programme: transactions in week 15*
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 shares VWAP Gross value (DKK)
Accumulated, most recent
Announcement

337,000  

126,153,850.00
08 April 2024
09 April 2024
10 April 2024
11 April 2024
12 April 2024 13,000
13,000
13,000
14,000
14,000 371.65
371.59
371.32
368.77
367.19 4,831,450.00
4,830,670.00
4,827,160.00
5,162,780.00
5,140,660.00
Total over week 15 67,000   24,792,720.00
*Total accumulated during the*
*share buyback programme*

404,000  

150,946,570.00

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 2,325,658 own shares, equal to 4.11% of the Bank’s share capital.

Yours sincerely       
Karen Frøsig        Jørn Adam Møller
CEO        Deputy Group Chief Executive

*Attachment*

· SM 11 UK incl. enc