DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 46 - 21 FEBRUARY 2022
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 | 1,524,500 | 156.51 | 238,598,185 |
| 07/02/2022 | 11,000 | 165.16 | 1,816,760 |
| 08/02/2022 | 10,000 | 167.50 | 1,675,000 |
| 09/02/2022 | 11,000 | 166.59 | 1,832,490 |
| 10/02/2022 | 12,000 | 167.32 | 2,007,840 |
| 11/02/2022 | 12,000 | 165.88 | 1,990,560 |
| Accumulated | 1,580,500 | 156.86 | 247,920,835 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,580,500 at a total amount of DKK 247,920,835.
With the transactions stated above, NORDEN holds a total of 3,029,169 treasury shares, corresponding to 7.73%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,170,831.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451