CORRECTION (CATEGORIES FOR MAIN MARKET AND OAM CORRECTED): DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 98 - 29 NOVEMBER 2021
On 4 November 2021, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 4 November 2021 up to and including no later than end February 2022. For details please see announcement no. 75 of 4 November 2021.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 40 million (approximately DKK 263 million). Under the programme, the following transactions have been made:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 251,500 | 160.22 | 40,296,095 |
| 22/11/2021 | 25,000 | 154.27 | 3,856,750 |
| 23/11/2021 | 28,000 | 147.96 | 4,142,880 |
| 24/11/2021 | 28,000 | 147.14 | 4,119,920 |
| 25/11/2021 | 25,000 | 152.51 | 3,812,750 |
| 26/11/2021 | 28,000 | 152.32 | 4,264,960 |
| Accumulated | 385,500 | 156.92 | 60,493,355 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 385,500 at a total amount of DKK 60,493,355.
With the transactions stated above, NORDEN holds a total of 1,910,439 treasury shares, corresponding to 4.87%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 37,289,561.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451