Transactions in connection with share buy-back program

ANNOUNCEMENTA.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn was to be executed during a 15-month period beginning...

ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program

On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn was to be executed during a 15-month period beginning 4 June 2019. The first phase of the program was initiated on 4 June 2019 and completed on 25 September 2019, and the second phase of the program was initiated on 26 September and completed on 28 February 2020.

During the third phase of the program running from 4 March 2020 up to 24 July 2020, the Company will buy-back A and B shares for an amount of up to DKK 3.4bn.

The following transactions have been made under the program in the period 16 March 2020 to 20 March 2020:

		Number of A shares	Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement		174,496			1,311,159,314
16 March 2020		1,188	5,459.1941		6,485,523
17 March 2020		1,215	5,726.9661		6,958,264
18 March 2020		1,167	5,478.2716		6,393,143
19 March 2020		1,305	4,963.7224		6,477,658
20 March 2020		1,437	5,033.3725		7,232,956
Total 16-20 March 2020		6,312			33,547,543
Bought from A.P. Møller Holding A/S*		3,246			17,252,204
Accumulated in third phase of the program		15,445			88,403,504
Accumulated under the program	180,808					1,344,706,857
	Number of B shares			Average purchase price B shares, DKK		Transaction value, B shares, DKK
Accumulated last announcement	697,610					5,572,844,765
16 March 2020	4,771			5,836.8477		27,847,600
17 March 2020	4,848			6,185.7070		29,988,308
18 March 2020	4,672			5,955.6694		27,824,887
19 March 2020	5,223			5,357.5303		27,982,381
20 March 2020	5,747			5,402.5782		31,048,617
Total 16-20 March 2020	25,261					144,691,793
Bought from A.P. Møller Holding A/S*	9,858					56,465,383
Accumulated in third phase of the program	61,320					375,000,962
Accumulated under the program	722,871					5,717,536,558

*) According to a separate agreement, A.P. Møller Holding A/S participates on a pro rata basis to the shares purchased in the share buy-back programme.

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With the transactions stated above, the Company owns a total of 180,808 A shares and 773,677 B shares as treasury shares, corresponding to 4.59% of the share capital.

Details of each transaction are included as appendix.

Copenhagen, 23 March 2020

Contact persons:

Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106

Head of Media Relations, Signe Wagner, tel. +45 3363 1901       

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Attachments

• Announcement - Transactions in connection with share buy-back program - week 12
• Daily transactions in connection with share buy-back program - week 12