DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 19 - 24 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 | 1,103,500 | 158.14 | 174,502,185 |
| 17/01/2022 | 19,000 | 164.82 | 3,131,580 |
| 18/01/2022 | 22,000 | 159.99 | 3,519,780 |
| 19/01/2022 | 18,000 | 156.16 | 2,810,880 |
| 20/01/2022 | 18,000 | 153.45 | 2,762,100 |
| 21/01/2022 | 18,000 | 151.20 | 2,721,600 |
| Accumulated | 1,198,500 | 158.07 | 189,448,125 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 1,198,500 at a total amount of DKK 189,448,125.
With the transactions stated above, NORDEN holds a total of 2,720,939 treasury shares, corresponding to 6.94%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,479,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451