On 7 November 2019, 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 7 November 2019 up to and including no later than 28 February 2020.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 10 million (approximately DKK 67 million).
Since the share buy-back programme was initiated on 7 November 2019, the total number of repurchased shares is 28,500 at a total amount of DKK 2,850,830.
With the transactions stated above, NORDEN holds a total of 2,569,467 treasury shares, corresponding to 6.09%. The total number of shares in NORDEN is 42,200,000 million. Adjusted for treasury shares, the number of shares is 39,630,533.