DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 86 - 4 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 | 258,000 | 247.98 | 63,980,060 |
| 28/03/2022 | 34,000 | 243.39 | 8,275,260 |
| 29/03/2022 | 30,000 | 242.14 | 7,264,200 |
| 30/03/2022 | 28,000 | 237.61 | 6,653,080 |
| 31/03/2022 | 29,000 | 237.62 | 6,890,980 |
| 01/04/2022 | 22,000 | 244.63 | 5,381,860 |
| Accumulated | 401,000 | 245.50 | 98,445,440 |
Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 401,000 at a total amount of DKK 98,445,440.
With the transactions stated above, NORDEN holds a total of 3,417,569 treasury shares, corresponding to 8.72%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,782,431.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451