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

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ANNOUNCEMENT NO. 21 - 3 DECEMBER 2019

On 7 November 2019, 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 November 2019 up to and including no later than 28 February 2020. For details please see announcement no. 17 of 6 November 2019.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 67 million). Under the programme the following transactions have been made:

Since the share buy-back programme was initiated on 7 November 2019, the total number of repurchased shares is 188,500 at a total amount of DKK 19,345,730.

With the transactions stated above, NORDEN holds a total of 2,729,467 treasury shares, corresponding to 6.47%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 39,470,533.

Kind regards

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

More news and information about NORDEN

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Globe Newswire: 09:14 GMT Tuesday 3rd December 2019

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