On 2 May 2025, 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 2 May 2025 up to and including no later than 7 August 2025. For details, please see announcement no. 83 of 1 May 2025.

Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 7 million (approximately DKK 46 million). The following transactions have been made under the programme:
Since the share buy-back programme was initiated on 2 May 2025, the total number of repurchased shares is 204,900 at a total amount of DKK 42,775,478.

With the transactions stated above, NORDEN holds a total of 1,924,004 treasury shares, corresponding to 6.21 %. The total number of shares in NORDEN is 31,000,000. Adjusted for treasury shares, the number of shares is 29,075,996.

During the same period (28/7-25 – 1/8-25), major shareholder, Motortramp A/S, has sold 4,804 shares. Please see announcement no. 84/2025 and daily reporting.
Source: Dampskibsselskabet NORDEN A/S