Dampskibsselskabet NORDEN A/S – Weekly report on share buy-back
ANNOUNCEMENT NO. 17 - 27 NOVEMBER 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 | 109,000 | 93.28 | 10,167,260 |
| 19/11/2008 | 16,000 | 91.79 | 1,468,640 |
| 20/11/2018 | 18,000 | 88.08 | 1,585,440 |
| 21/11/2018 | 17,000 | 87.60 | 1,489,200 |
| 22/11/2018 | 18,000 | 86.96 | 1,565,280 |
| 23/11/2018 | 15,000 | 91.45 | 1,371,750 |
| Accumulated | 84,000 | 89.05 | 7,480,310 |
Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 193,000 at a total amount of DKK 17,647,460.
With the transactions stated above, NORDEN holds a total of 1,925,385 treasury shares, corresponding to 4.56%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,274,615.
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