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

ANNOUNCEMENT NO. 24 - 21 DECEMBER 2018On 8 November 2018, 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...

ANNOUNCEMENT NO. 24 - 21 DECEMBER 2018

On 8 November 2018, 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 8 November 2018 up to and including no later than 28 February 2019. For details please see announcement no. 13 of 7 November 2018.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 66 million). Under the programme the following transactions have been made:

Date	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Total, last announcement	340,000	94.24	32,041,240
17/12/2008	9,000	98.98	890,820
18/12/2018	15,000	95.79	1,436,850
19/12/2018	13,000	93.77	1,219,010
20/12/2018	16,000	90.06	1,440,960
Accumulated	53,000	94.11	4,987,640

Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 393,000 at a total amount of DKK 37,028,880.

With the transactions stated above, NORDEN holds a total of 2,125,385 treasury shares, corresponding to 5.04%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,074,615.

Kind regards

Dampskibsselskabet NORDEN A/S

Klaus Nyborg

Chairman

For further information:
Klaus Nyborg, Chairman, tel.: +45 3315 0451
Nicolai Bro Jöhncke, Head of Corporate Communications & CSR, tel.: +45 3315 0451

Dampskibsselskabet NORDEN A/S · 52, Strandvejen, DK-2900 Hellerup, Denmark · www.ds-norden.com · CVR NO. 67758919

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• Nr. 24 Weekly report on share buy-back_