On 13 November 2013, NORDEN initiated the fourth phase of a share buy-back programme in accordance with EU Commission Regulation no. 2273/2003 (the Safe Harbor method), which ensures that the Company is protected against violation of insider legislation during the share buy-back.
Since the fourth phase of the share buy-back programme was initiated on 13 November 2013, the total number of repurchased shares is 197,713 at a total amount of DKK 49,999,207. The fourth phase of the share buy-back programme is thus completed.
With the transactions stated above, NORDEN holds a total of 2,311,962 treasury shares, corresponding to 5.4 %. The total number of shares in NORDEN is 43 million. Adjusted for treasury shares, the number of shares is 40,688,038.