Dampskibsselskabet NORDEN A/S – Weekly report on share buy-back
ANNOUNCEMENT NO. 19 - 10 DECEMBER 2018
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 | 239,000 | 92.60 | 22,130,330 |
| 3/12/2008 | 8,000 | 100.47 | 803,760 |
| 4/12/2018 | 7,000 | 99.90 | 699,300 |
| 5/12/2018 | 9,000 | 99.92 | 899,280 |
| 6/12/2018 | 13,000 | 96.57 | 1,255,410 |
| 7/12/2018 | 11,000 | 98.61 | 1,084,710 |
| Accumulated | 48,000 | 98.80 | 4,742,460 |
Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 287,000 at a total amount of DKK 26,872,790.
With the transactions stated above, NORDEN holds a total of 2,019,385 treasury shares, corresponding to 4.79%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,180,615.
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