DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 66 - 14 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 | 0 | 0 | 0 |
| 03/03/2022 | 0 | 0.00 | 0 |
| 04/03/2022 | 20,000 | 206.77 | 4,135,400 |
| 07/03/2022 | 19,000 | 236.80 | 4,499,200 |
| 08/03/2022 | 17,000 | 244.79 | 4,161,430 |
| 09/03/2022 | 15,000 | 250.15 | 3,752,250 |
| 10/03/2022 | 15,000 | 249.85 | 3,747,750 |
| 11/03/2022 | 14,000 | 261.39 | 3,659,460 |
| Accumulated | 100,000 | 239.55 | 23,955,490 |
Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 100,000 at a total amount of DKK 23,955,490.
With the transactions stated above, NORDEN holds a total of 3,200,069 treasury shares, corresponding to 8.16%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,999,931.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451