DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 26 - 31 JANUARY 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 | 1,198,500 | 158.07 | 189,448,125 |
| 24/01/2022 | 25,000 | 140.21 | 3,505,250 |
| 25/01/2022 | 25,000 | 143.25 | 3,581,250 |
| 26/01/2022 | 26,000 | 145.03 | 3,770,780 |
| 27/01/2022 | 28,000 | 144.95 | 4,058,600 |
| 28/01/2022 | 27,000 | 150.34 | 4,059,180 |
| Accumulated | 1,329,500 | 156.77 | 208,423,185 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,329,500 at a total amount of DKK 208,423,185.
With the transactions stated above, NORDEN holds a total of 2,832,939 treasury shares, corresponding to 7.23%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,367,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451