Sydbank share buyback programme

transactions in week 16

        

Company Announcement No 12/2024	Peberlyk 4 6200 Aabenraa Denmark Tel [phone] Fax [phone] Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk
22 April 2024

Dear Sirs

Sydbank share buyback programme: transactions in week 16
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	404,000		150,946,570.00
15 April 2024 16 April 2024 17 April 2024 18 April 2024 19 April 2024	15,000 18,000 18,000 16,000 17,000	367.50 358.48 362.88 363.36 360.46	5,512,500.00 6,452,640.00 6,531,840.00 5,813,760.00 6,127,820.00
Total over week 16	84,000		30,438,560.00
Total accumulated during the share buyback programme	488,000		181,385,130.00

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 2,404,068 own shares, equal to 4.25% of the Bank’s share capital.

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

Attachment

• SM 12 UK incl. enc