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

ANNOUNCEMENT NO. 16 - 19 NOVEMBER 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)...

ANNOUNCEMENT NO. 16 - 19 NOVEMBER 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 8 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	27,000	97.920	2,643,860.00
12/11/2008	15,000	95.80	1,437,000.00
13/11/2018	16,000	91.62	1,465,920.00
14/11/2018	17,000	91.08	1,548,360.00
15/11/2018	18,000	89.74	1,615,320.00
16/11/2018	16,000	91.05	1,456,800.00
Accumulated	82,000	91.75	7,523,400.00

Since the share buy-back programme was initiated on 8 November 2018, the total number of repurchased shares is 109,000 at a total amount of DKK 10,167,260.

With the transactions stated above, NORDEN holds a total of 1,841,385 treasury shares, corresponding to 4.36%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 40,358,615.

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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