Sydbank A/S
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Merger registered - Nasdaq Copenhagen approves request to delist the shares of Vestjysk Bank A/S from trading and official listing
Globenewswire· 2025-12-08 14:45
Company Announcement No 63/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk8 December 2025 Merger registered - Nasdaq Copenhagen approves request to delist the shares of Vestjysk Bank A/S from trading and official listing Today the Danish Business Authority registered the merger between Sydbank A/S, Aktieselskabet Arbejdernes Landsbank and Vestjysk Bank A/S with AL Sydbank A/S as the continuing bank. Nasdaq Copenhagen has appro ...
All conditions met – the Danish FSA approves merger between Sydbank A/S, Arbejdernes Landsbank and Vestjysk Bank
Globenewswire· 2025-12-05 11:20
Core Points - The Danish FSA has approved the merger between Sydbank A/S, Arbejdernes Landsbank, and Vestjysk Bank, satisfying all conditions for completion [3] - The merger was previously approved by the Danish Competition and Consumer Authority [2] - General meetings for the three banks were held on December 2, 3, and 4, 2025, where the merger was approved [2] Company Details - The merger will be registered with the Danish Business Authority on December 8, 2025 [3] - The last trading day for shares in Vestjysk Bank A/S is set for December 9, 2025, with the exchange of shares expected on December 12, 2025 [3] - The exchange of shares in Arbejdernes Landsbank is also expected to occur on December 12, 2025 [3]
Election of board of directors
Globenewswire· 2025-12-04 15:48
Group 1 - The extraordinary general meeting of Sydbank approved the merger with Arbejdernes Landsbank and Vestjysk Bank, leading to the election of new board members [1] - The newly elected board members include Claus Jensen, Caroline Søeborg Ahlefeldt-Laurvig-Bille, Henning Egon Josefsen Overgaard, and Christian Riewe [1] - Ellen Trane Nørby was elected as Chair and Claus Jensen as Vice Chair of the Board of Directors [2] Group 2 - The current Board of Directors consists of Ellen Trane Nørby (Chair), Claus Jensen (Vice Chair), and other members including Søren Holm, Janne Moltke-Leth, and Jon Stefansson [2] - Additionally, there are four employee-elected members: Jarl Oxlund, Jørn Krogh Sørensen, Carsten Andersen, and Pia Wrang [2]
Extraordinary general meeting at Sydbank – merger approved
Globenewswire· 2025-12-04 13:53
Core Points - Sydbank held an extraordinary general meeting where the merger with Arbejdernes Landsbank and Vestjysk Bank was approved [1][2] - The merger is now pending approval from the Danish FSA and registration with the Danish Business Authority [2] - Amendments to the Articles of Association related to the merger were adopted during the meeting [2] - The Board of Directors' proposal to reduce the Bank's share capital by DKK 21,737,530 through the cancellation of 2,173,753 shares was approved [3] - The resolution will lead to an amendment of Article 2 (1) of the Articles of Association upon completion of the capital reduction [3]
Dansk Metal supports AL Sydbank A/S
Globenewswire· 2025-11-13 14:00
Company Announcement No 57/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk13 November 2025 Dear Sirs Dansk Metal supports AL Sydbank A/S Sydbank A/S has been informed that, in the long term, Dansk Metal (the Danish Metalworkers’ Union) wishes to increase its ownership interest in Sydbank A/S so that Dansk Metal has an ownership interest of approximately 10% of the share capital of the merged bank (AL Sydbank A/S). After the merger ...
Notice convening Extraordinary General Meeting
Globenewswire· 2025-11-05 14:00
Company Announcement No 56/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk5 November 2025 Dear Sirs Notice convening Extraordinary General Meeting Sydbank’s Extraordinary General Meeting will be held on Thursday 4 December 2025 at 2:00pm. The notice and the agenda for the general meeting including appendices have been attached to this announcement. Yours sincerely Sydbank A/S Attachments SM 56 UK Notice Convening the Extraord ...
Publication of exemption document in connection with the merger between Sydbank, Arbejdernes Landsbank and Vestjysk Bank
Globenewswire· 2025-11-05 10:00
Core Points - Sydbank, Arbejdernes Landsbank, and Vestjysk Bank have agreed to merge, with Sydbank as the continuing entity under the name AL Sydbank [1][2] - An Exemption Document has been published to facilitate the issuance and allocation of new shares in Sydbank as part of the merger consideration [2][5] - The Exemption Document complies with Danish legislation and relevant EU regulations, but it is not a prospectus and has not been approved by the Danish FSA [3][4] Financial Information - The Exemption Document includes unaudited proforma financial information for AL Sydbank, illustrating its assets, equity, liabilities, financial position, and operating results as if the merger had occurred on December 31, 2024 [5]
Transactions with shares in Sydbank by managers and closely associated persons
Globenewswire· 2025-11-04 16:46
Company Announcement No 53/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk4 November 2025 Transactions with shares in Sydbank by managers and closely associated persons Under Article 19 of the Market Abuse Regulation Sydbank makes public transactions with shares in the Bank conducted by managers and persons closely associated with them. Reference is made to the attached table showing detailed information about the transaction. Your ...
Sydbank, Arbejdernes Landsbank and Vestjysk Bank publish merger documents
Globenewswire· 2025-10-29 16:00
Company Announcement No 52/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk29 October 2025 Sydbank, Arbejdernes Landsbank and Vestjysk Bank publish merger documents On 27 October 2025 Sydbank A/S (“Sydbank”), Aktieselskabet Arbejdernes Landsbank (“Arbejdernes Landsbank”) and Vestjysk Bank A/S (“Vestjysk Bank”) announced that they have entered into an agreement to merge the three banks (“the Merger”). Reference is made to Sydbank’s C ...
Sydbank delivers a highly satisfactory profit in Q3 2025 and further clarifies profit forecast for 2025
Globenewswire· 2025-10-29 07:49
Core Insights - Sydbank reported a profit after tax of DKK 710 million for Q3 2025, an increase from DKK 567 million in Q2 2025, indicating strong financial performance [1] - The bank's return on equity stands at 17.4%, reflecting effective business expansion and customer acquisition across corporate, retail, and private banking segments despite macroeconomic challenges [1] Financial Performance - For the first three quarters of 2025, core income reached DKK 4,986 million, while total income was DKK 5,190 million, showing a decline from DKK 5,447 million and DKK 5,670 million in 2024 respectively [3][4] - Core earnings before impairment for Q3 2025 were DKK 917 million, up from DKK 814 million in Q2 2025, while core earnings for the same period were DKK 899 million compared to DKK 752 million in Q2 2025 [3] - The bank expects profit after tax for the full year 2025 to be in the range of DKK 2,400-2,600 million, an upward revision from the previous forecast of DKK 2,200-2,600 million [2] Income Breakdown - Net interest income for Q1-Q3 2025 was DKK 2,750 million, down from DKK 3,356 million in 2024, with Q3 2025 net interest income at DKK 901 million, slightly up from DKK 899 million in Q2 2025 [4] - Trading income for Q3 2025 increased to DKK 77 million from DKK 63 million in Q2 2025, while total income for Q3 2025 was DKK 1,728 million, up from DKK 1,698 million in Q2 2025 [3]