DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 93 - 11 APRIL 2022
On 3 March 2022, 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 3 March 2022 up to and including no later than end April 2022. For details, please see announcement no. 56 of 3 March 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 30 million (approximately DKK 201.5 million). Under the programme, the following transactions have been made:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 401,000 | 245.50 | 98,445,440 |
| 04/04/2022 | 30,000 | 239.94 | 7,198,200 |
| 05/04/2022 | 29,000 | 235.95 | 6,842,550 |
| 06/04/2022 | 38,000 | 232.55 | 8,836,900 |
| 07/04/2022 | 39,000 | 235.18 | 9,172,020 |
| 08/04/2022 | 36,000 | 239.15 | 8,609,400 |
| Accumulated | 573,000 | 242.77 | 139,104,510 |
Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 573,000 at a total amount of DKK 139,104,510.
With the transactions stated above, NORDEN holds a total of 3,575,569 treasury shares, corresponding to 9.12%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,624,431.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451