Dampskibsselskabet NORDEN A/S – Weekly report on share buy-back
ANNOUNCEMENT NO. 8 - 14 FEBRUARY 2019
On 8 November 2018, 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 8 November 2018 up to and including no later than 28 February 2019. For details please see announcement no. 13 of 7 November 2018.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 66 million). Under the programme the following transactions have been made:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 672,500 | 93.47 | 62,860,050.00 |
| 11/2/2019 | 15,000 | 90.07 | 1,351,050.00 |
| 12/2/2019 | 11,049 | 91.63 | 1,012,419.87 |
| 13/2/2019 | 8,351 | 92.57 | 773,052.07 |
| Accumulated | 34,400 | 91.18 | 3,136,521.94 |
Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 706,900 at a total amount of DKK 65,996,571.94, and the share buy-back programme is thus completed.
With the transactions stated above, NORDEN holds a total of 2,439,285 treasury shares, corresponding to 5.78%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 39,760,715.
Kind regards
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Klaus Nyborg, Chairman, tel.: +45 3315 0451
Nicolai Bro Jöhncke, Head of Corporate Communications & CSR, tel.: +45 3315 0451
Dampskibsselskabet NORDEN A/S · 52, Strandvejen, DK-2900 Hellerup, Denmark · www.ds-norden.com · CVR NO. 67758919