ANNOUNCEMENT NO. 112 – 12 JUNE 2025
On 2 May 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 2 May 2025 up to and including no later than 7 August 2025. For details, please see announcement no. 83 of 1 May 2025.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 7 million (approximately DKK 46 million). The following transactions have been made under the programme:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 79,700 | 198.69 | 15,835,642 |
| 04/06/2025 | 3,800 | 201.83 | 766,954 |
| 06/06/2025 | 3,000 | 209.28 | 627,840 |
| 10/06/2025 | 3,000 | 211.40 | 634,200 |
| 11/06/2025 | 2,800 | 209.79 | 587,412 |
| Accumulated | 92,300 | 199.91 | 18,452,048 |
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 92,300 at a total amount of DKK 18,452,048.
With the transactions stated above, NORDEN holds a total of 1,811,404 treasury shares, corresponding to 5.84 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,188,596.
During the same period (4/6-25 - 11/6-25), major shareholder, Motortramp A/S, has sold 3,855 shares. Please see announcement no. 84/2025 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
