On 25 January 2011, NORDEN initiated a share buyback programme in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003, the so-called Safe Harbour method.
Under the programme, NORDEN will purchase treasury shares for DKK 170 million in the period from 25 January 2011 to 31 March 2011.
Since the share buyback programme was initiated on 25 January 2011, the total number of repurchased shares is 165,000 at a total amount of DKK 30,596,150.
With the transactions stated above, NORDEN holds a total of 2,689,052 treasury shares, corresponding to 6.0%.
