UK Markets open in 1 hr 11 mins

DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK

Dampskibsselskabet NORDEN A/S
·1-min read

ANNOUNCEMENT NO. 40 - 15 FEBRUARY 2021

On 4 November 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 4 November 2020 up to and including no later than end February 2021. For details please see announcement no. 87 of 4 November 2020.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 20 million (approximately DKK 126 million). Under the programme, the following transactions have been made:

Date

Number of shares

Average purchase price (DKK)

Transaction value (DKK)

Total, last announcement



876,000



112.62



98,652,698

08/2/2021

10,000

117.27

1,172,700

09/2/2021

15,000

113.98

1,709,700

10/2/2021

15,000

113.47

1,702,050

11/2/2021

17,000

115.42

1,962,140

12/2/2021

16,000

116.15

1,858,400

Accumulated

949,000

112.81

107,057,688

Since the share buy-back programme was initiated on 4 November 2020, the total number of repurchased shares is 949,000 at a total amount of DKK 107,057,688.

With the transactions stated above, NORDEN holds a total of 3,308,467 treasury shares, corresponding to 8.13%. The total number of shares in NORDEN is 40,700,000 million. Adjusted for treasury shares, the number of shares is 37,391,533.

Kind regards,

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:

Klaus Nyborg, Chairman, tel.: +45 3315 0451

Attachments