DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 105 - 6 DECEMBER 2021
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 | 385,500 | 156.92 | 60,493,355 |
| 29/11/2021 | 24,000 | 153.84 | 3,692,160 |
| 30/11/2021 | 30,000 | 152.54 | 4,576,200 |
| 01/12/2021 | 26,000 | 150.38 | 3,909,880 |
| 02/12/2021 | 32,000 | 145.69 | 4,662,080 |
| 03/12/2021 | 28,000 | 149.62 | 4,189,360 |
| Accumulated | 525,500 | 155.13 | 81,523,035 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 525,500 at a total amount of DKK 81,523,035.
With the transactions stated above, NORDEN holds a total of 2,047,939 treasury shares, corresponding to 5.22%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 37,152,061.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451