Transactions in connection with share buy-back program
ANNOUNCEMENT
A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program
On 24 May 2019, A.P. Møller - Mærsk A/S (the Company) announced a share buy-back program in compliance with the EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”). The share buy-back program of up to DKK 10bn was to be executed during a 15-month period beginning 4 June 2019. The first phase of the program was initiated on 4 June 2019 and completed on 25 September 2019.
During the second phase of the program running from 26 September 2019 up to 28 February 2020, the Company will buy-back A and B shares for an amount of up to DKK 3.3bn.
The following transactions have been made under the program in the period 7 October 2019 to 11 October 2019:
| Number of A shares | Average purchase price A shares, DKK | Transaction value, A shares, DKK | ||||
| Accumulated, last announcement | 94,190 | 672,591,561 | ||||
| 7 October 2019 | 823 | 6,991.4375 | 5,753,953 | |||
| 8 October 2019 | 823 | 6,978.0125 | 5,742,904 | |||
| 9 October 2019 | 823 | 7,054.4500 | 5,805,812 | |||
| 10 October 2019 | 657 | 7,169.1223 | 4,710,113 | |||
| 11 October 2019 | 823 | 7,330.2375 | 6,032,785 | |||
| Accumulated in second phase of the program | 10,067 | 71,829,964 | ||||
| Accumulated under the program | 98,139 | 700,637,129 | ||||
| Number of B shares | Average purchase price B shares, DKK | Transaction value, B shares, DKK | ||||
| Accumulated last announcement | 376,801 | 2,856,874,065 | ||||
| 7 October 2019 | 3,280 | 7,407.4330 | 24,296,380 | |||
| 8 October 2019 | 3,280 | 7,380.0340 | 24,206,512 | |||
| 9 October 2019 | 3,362 | 7,466.9976 | 25,104,046 | |||
| 10 October 2019 | 3,255 | 7,588.8433 | 24,701,685 | |||
| 11 October 2019 | 2,616 | 7,756.7034 | 20,291,536 | |||
| Accumulated in second phase of the program | 40,266 | 304,605,070 | ||||
| Accumulated under the program | 392,594 | 2,975,474,223 | ||||
With the transactions stated above, the Company owns a total of 98,139 A shares and 443,400 B shares as treasury shares, corresponding to 2.60% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 14 October 2019
Contact persons:
Head of Investor Relations, Stig Frederiksen, tel. +45 3363 3106
Head of Media Relations, Signe Wagner, tel. +45 3363 1901
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Attachments