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 6 April 2020 to 8 April 2020:

			Number of A shares	Average purchase price A shares, DKK		Transaction value, A shares, DKK
Accumulated, last announcement			193,504			1,412,490,612
6 April 2020			1,250	5,764.5634		7,205,704
7 April 2020			1,147	6,295.9425		7,221,446
8 April 2020			1,087	6,061.8939		6,589,279
Total 6-8 April 2020			3,484			21,016,429
Bought from A.P. Møller Holding A/S*			1,792			10,809,819
Accumulated in third phase of the program			31,625			177,203,687
Accumulated under the program	196,988						1,433,507,040
	Number of B shares				Average purchase price B shares, DKK		Transaction value, B shares, DKK
Accumulated, last announcement		773,602					6,008,040,284
6 April 2020		5,015			6,213.3041		31,159,720
7 April 2020		4,567			6,777.1555		30,951,269
8 April 2020		4,356			6,536.3479		28,472,331
Total 6-8 April 2020		13,938					90,583,321
Bought from A.P. Møller Holding A/S*		5,439					35,348,119
Accumulated in third phase of the program		125,989					756,088,009
Accumulated under the program		787,540					6,098,623,605

*) 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 196,988 A shares and 834,569 B shares as treasury shares, corresponding to 4.96% of the share capital.

Details of each transaction are included as appendix.

Copenhagen, 14 April 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 15
• Daily transactions in connection with share buy-back program - week 15