DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 80 - 28 MARCH 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 | 166,000 | 246.39 | 40,901,010 |
| 21/03/2022 | 13,000 | 261.63 | 3,401,190 |
| 22/03/2022 | 12,000 | 266.04 | 3,192,480 |
| 23/03/2022 | 12,000 | 265.59 | 3,187,080 |
| 24/03/2022 | 15,000 | 257.22 | 3,858,300 |
| 25/03/2022 | 40,000 | 236.00 | 9,440,000 |
| Accumulated | 258,000 | 247.98 | 63,980,060 |
Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 258,000 at a total amount of DKK 63,980,060.
With the transactions stated above, NORDEN holds a total of 3,274,569 treasury shares, corresponding to 8.35%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,925,431.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451