DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 92 - 22 NOVEMBER 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 | 130,000 | 163.09 | 21,201,800 |
| 15/11/2021 | 20,000 | 166.63 | 3,332,600 |
| 16/11/2021 | 25,000 | 159.27 | 3,981,750 |
| 17/11/2021 | 23,500 | 154.97 | 3,641,795 |
| 18/11/2021 | 26,500 | 154.73 | 4,100,345 |
| 19/11/2021 | 26,500 | 152.37 | 4,037,805 |
| Accumulated | 251,500 | 160.22 | 40,296,095 |
Since the share buy-back programme was initiated on 4 November 2021, the total number of repurchased shares is 251,500 at a total amount of DKK 40,296,095.
With the transactions stated above, NORDEN holds a total of 1,776,439 treasury shares, corresponding to 4.53%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 37,423,561.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451