Transactions in connection with share buy-back program

July 20, 2020

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, and the second phase of the program was initiated on 26 September and completed on 28 February 2020.

During the third phase of the program running from 4 March 2020 up to 24 July 2020, the Company will buy-back A and B shares for an amount of up to DKK 3.4bn.

The following transactions have been made under the program in the period 13 July 2020 to 17 July 2020:

 Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement257,355 1,833,205,068
13 July 20208797,654.90636,728,663
14 July 20208877,589.06036,731,496
15 July 20208717,765.16556,763,459
16 July 20208657,759.47626,711,947
17 July 20208487,856.82046,662,584
Total 13-17 July 20204,350 33,598,149
Bought from A.P. Møller Holding A/S*2,237 17,277,964
Accumulated in third phase of the program96,342 610,499,864
Accumulated under the program261,705 1,866,803,217
    
 Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated, last announcement1,029,047 7,810,709,233
13 July 20203,5688,243.761029,413,739
14 July 20203,4458,177.242328,170,600
15 July 20203,5378,371.490029,609,960
16 July 20203,8108,353.817531,828,045
17 July 20203,3428,469.292428,304,375
Total 13-17 July 202017,702 147,326,719
Bought from A.P. Møller Holding A/S*6,907 57,484,269
Accumulated in third phase of the program385,198 2,615,500,356
Accumulated under the program1,046,749 7,958,035,952

*) According to a separate agreement, A.P. Møller Holding A/S participates on a pro rata basis to the shares purchased in the share buy-back programme.


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With the transactions stated above, the Company owns a total of 104,728 A shares and 465,840 B shares as treasury shares, corresponding to 2.85% of the share capital.

Details of each transaction are included as appendix.

Copenhagen, 20 July 2020

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