REG - Jyske Bank A/S - Extraordinary dividend of DKK 5.89 per share

Jyske Bank A/SAnnouncement

08/06/2018 07:30

RNS Number : 7538Q
Jyske Bank A/S
08 June 2018
 





Corporate Announcement
 


 


 




Jyske Bank A/S
Vestergade 8-16
DK-8600 Silkeborg
Tel. +45 89 89 89 89
www.jyskebank.dk
Email: jyskebank@jyskebank.dk
Business Reg. No. (CVR): 17616617
 
 
 




 


 


                            8 June 2018




 
Extraordinary dividend of DKK 5.89 per share
 
Jyske Bank's Supervisory Board has decided to call an extraordinary general meeting on 3 July 2018 and proposes a capital distribution in a net amount of DKK 500m to Jyske Bank's shareholders in the form of an extraordinary cash dividend of DKK 5.89 per share.
 
Moreover, it is recommended for decision that 4,214,000 own shares acquired through share buy-back programmes that ran over the period 1 March 2017 - 28 March 2018 be cancelled. The value hereof is
DKK 1,499,967,588, corresponding to 4.73% of the share capital.
 
The interim report for the first half of 2018 will show whether the Supervisory Board finds that the capital base is sufficient for additional capital distribution in the form of dividend and/or share buy-backs.
 
 
Yours faithfully,
 
Jyske Bank
 
 
 
Contact person:  Anders Dam, Managing Director and CEO, tel. +45 89 89 89 89.



 
 
 




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