DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 1 - 3 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 | 881.500 | 154.86 | 136,508,285 |
| 27/12/2021 | 20,000 | 163.30 | 3,266,000 |
| 28/12/2021 | 18,000 | 165.44 | 2,977,920 |
| 29/12/2021 | 17,000 | 164.43 | 2,795,310 |
| 30/12/2021 | 17,000 | 166.17 | 2,824,890 |
| Accumulated | 953,500 | 155.61 | 148,372,405 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 953,500 at a total amount of DKK 148,372,405.
With the transactions stated above, NORDEN holds a total of 2,475,939 treasury shares, corresponding to 6.32%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 36,724,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451