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

ANNOUNCEMENT NO. 19 - 10 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. 19 - 10 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	239,000	92.60	22,130,330
3/12/2008	8,000	100.47	803,760
4/12/2018	7,000	99.90	699,300
5/12/2018	9,000	99.92	899,280
6/12/2018	13,000	96.57	1,255,410
7/12/2018	11,000	98.61	1,084,710
Accumulated	48,000	98.80	4,742,460

Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 287,000 at a total amount of DKK 26,872,790.

With the transactions stated above, NORDEN holds a total of 2,019,385 treasury shares, corresponding to 4.79%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,180,615.

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. 19 Weekly report on share buy-back_