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Dampskibsselskabet NORDEN A/S – Weekly report on share buy-back

Dampskibsselskabet NORDEN A/S
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ANNOUNCEMENT NO. 68 - 12 OCTOBER 2020

On 19 August 2020, 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 19 August 2020 up to and including no later than end-October 2020. For details please see announcement no. 21 of 19 August 2020.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 63 million). Under the programme, the following transactions have been made:

Date

Number of shares

Average purchase price (DKK)

Transaction value (DKK)

Total, last announcement



415,000



96.14



39,897,740

5/10/2020

7,000

106.10

742,700

6/10/2020

8,000

105.70

845,600

7/10/2020

8,000

104.87

838,960

8/10/2020

9,000

104.81

943,290

9/10/2020

9,000

104.31

938,790

Accumulated

456,000

96.95

44,207,080

Since the share buy-back programme was initiated on 19 August 2020, the total number of repurchased shares is 456,000 at a total amount of DKK 44,207,080.

With the transactions stated above, NORDEN holds a total of 2,165,367 treasury shares, corresponding to 5.32%. The total number of shares in NORDEN is 40,700,000 million. Adjusted for treasury shares, the number of shares is 38,534,633.

Kind regards

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:
Klaus Nyborg, Chairman, tel.: +45 3315 0451
Anne-Louise Dam-Rasmussen, Head of Communications, tel.: +45 3273 0624

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