Share transactions - Leading employees

10/06/2015

As stated in NORDEN’s annual report of 4 March 2015, Jan Rindbo has, as part of his appointment as CEO, been offered NORDEN shares at a value of DKK 1,000,000 in each of the years 2015-2017. The number of shares allotted in 2015 is calculated on the basis of the market price (average all transactions) when Jan Rindbo took office on 30 April 2015.

According to section 28A of the Danish Securities Trading Act, the Company shall report the following information about the transactions of leading employees in the Company’s shares and related securities:

Name: Jan Rindbo
Occasion: Reporting duty, CEO
Issuer: Dampskibsselskabet NORDEN A/S
Description: Shares
Transaction: Allotment of shares
Commercial date: 10 June 2015
Number: 7,560
Market value in DKK: 1,108,296
Holding after the transaction: 7,560 shares and 50,000 options

 

Announcement no. 11