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

ANNOUNCEMENT NO. 18 - 4 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. 18 - 4 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	193,000	91.44	17,647,460
26/11/2008	 13,000	95.23	1,237,990
27/11/2018	10,000	96.99	969,900
28/11/2018	7,000	98.33	688,310
29/11/2018	8,000	99.98	799,840
30/11/2018	8,000	98.34	786,720
Accumulated	46,000	97.45	4,482,760

Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 239,000 at a total amount of DKK 22,130,160.

With the transactions stated above, NORDEN holds a total of 1,971,385 treasury shares, corresponding to 4,67%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,228,615.

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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