Dampskibsselskabet NORDEN A/S – Weekly report on share buy-back
ANNOUNCEMENT NO. 16 - 19 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 8 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 | 27,000 | 97.920 | 2,643,860.00 |
| 12/11/2008 | 15,000 | 95.80 | 1,437,000.00 |
| 13/11/2018 | 16,000 | 91.62 | 1,465,920.00 |
| 14/11/2018 | 17,000 | 91.08 | 1,548,360.00 |
| 15/11/2018 | 18,000 | 89.74 | 1,615,320.00 |
| 16/11/2018 | 16,000 | 91.05 | 1,456,800.00 |
| Accumulated | 82,000 | 91.75 | 7,523,400.00 |
Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 109,000 at a total amount of DKK 10,167,260.
With the transactions stated above, NORDEN holds a total of 1,841,385 treasury shares, corresponding to 4.36%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,358,615.
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