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

ANNOUNCEMENT NO. 78 – 9 APRIL 2025

 

On 7 February 2025, 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 7 February 2025 up to and including no later than 24 April 2025. For details, please see announcement no. 20 of 6 February 2025.

 

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 18 million (approximately DKK 128 million). The following transactions have been made under the programme:

 

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	654,000	186.92	122,243,870
07/04/2025	18,000	154.18	2,775,240
08/04/2025	18,180	163.93	2,980,247
Accumulated	690,180	185.46	127,999,357

 

Since the share buy-back programme was initiated on 7 February 2025, the total number of repurchased shares is 690,180 at a total amount of DKK 127,999,357.

 

With the transactions stated above, NORDEN holds a total of 2,719,971 treasury shares, corresponding to 8.50%. The total number of shares in NORDEN is 32,000,000. Adjusted for treasury shares, the number of shares is 29,280,029.

 

During the same period (7/4-25 - 8/4-25) major shareholder, Motortramp A/S, has sold 10,958 shares. Please see announcement no. 22/2025 and daily reporting.

 

This concludes the share buy-back.

 

 

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: [email protected]

Isabella Zaugg Hansen, Investor Relations Manager, tel.: +45 27 62 90 96, e-mail: [email protected]