Silkeborg, 2016-01-22 08:44 CET (GLOBE NEWSWIRE) -- Share repurchase programme
The share buy-back programme runs from 09 November 2015 to 30 June 2016. In this period Jyske Bank will acquire shares with a value of up to DKK 500 million. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) which ensures that Jyske Bank is protected against violation of insider legislation in relation to the share buy-back programme.
Since the announcement as of 06 November 2015, the following transactions have been made under the program:
| Number of shares | Average purchase price | Transaction value in DKK | |
| Accumulated, last announcement | 426,000 | 312.16 | 132,980,739 |
| 15 January 2016 | 11,000 | 276.22 | 3,038,365 |
| 18 January 2016 | 11,000 | 267.56 | 2,943,130 |
| 19 January 2016 | 11,000 | 268.98 | 2,958,825 |
| 20 January 2016 | 11,000 | 263.97 | 2,903,630 |
| 21 January 2016 | 11,000 | 264.05 | 2,904,515 |
| Accumulated under the programme | 481,000 | 307.13 | 147,729,204 |
With the transactions stated above, Jyske Bank has bought a total of 481,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 0.51% of the share capital.
Yours faithfully,
Jyske Bank
Any questions in regards to this announcement may be addressed to Trine Lysholt Nørgaard, Director, Head of Investor Relations, on tel. +45 89 89 64 29.