DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 32 - 7 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 | 1,329,500 | 156.77 | 208,423,185 |
| 31/01/2022 | 25,000 | 150.30 | 3,757,500 |
| 01/02/2022 | 24,000 | 149.70 | 3,592,800 |
| 02/02/2022 | 19,000 | 154.50 | 2,935,500 |
| 03/02/2022 | 21,000 | 154.99 | 3,254,790 |
| 04/02/2022 | 24,000 | 151.78 | 3,642,720 |
| Accumulated | 1,442,500 | 156.40 | 225,606,495 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,442,500 at a total amount of DKK 225,606,495.
With the transactions stated above, NORDEN holds a total of 2,945,939 treasury shares, corresponding to 7.52%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,254,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451