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

ANNOUNCEMENT NO. 248 – 18 NOVEMBER 2024

 

On 1 November 2024, 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 1 November 2024 up to and including no later than 22 January 2025. For details, please see announcement no. 235 of 31 October 2024.

 

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 12 million (approximately DKK 83 million). Under the programme, the following transactions have been made:

 

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	49,500	224.97	11,136,010
11/11/2024	10,000	220.56	2,205,600
12/11/2024	10,000	214.31	2,143,100
13/11/2024	11,000	210.85	2,319,350
14/11/2024	9,000	215.75	1,941,750
15/11/2024	9,000	217.48	1,957,320
Accumulated	98,500	220.34	21,703,130

 

Since the share buy-back programme was initiated on 1 November 2024, the total number of repurchased shares is 98,500 at a total amount of DKK 21,703,130.

 

With the transactions stated above, NORDEN holds a total of 1,795,478 treasury shares, corresponding to 5.61%. The total number of shares in NORDEN is 32,000,000 million. Adjusted for treasury shares, the number of shares is 30,204,522.

 

During the same period (11/11-24 - 15/11-24) major shareholder, Motortramp A/S, has sold 15,023 shares. Please see announcement no. 237/24 and daily reporting.

 

Kind regards,

Dampskibsselskabet NORDEN A/S

 

Klaus Nyborg

Chairman

For further information:

Therese Möllevinge, Head of Investor Relations, tel.: +45 41 37 16 38, e-mail: thm@norden.com

Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: izh@norden.com

support.se@cision.com

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