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 30 September 2019 to 4 October 2019:
| |
Number of
A shares |
Average purchase
price A shares, DKK |
Transaction value,
A shares, DKK |
| Accumulated, last announcement |
89,828 |
|
641,461,533 |
| 30 September 2019 |
813 |
7,300.7975 |
5,935,548 |
| 1 October 2019 |
1,285 |
7,294.2628 |
9,373,128 |
| 2 October 2019 |
628 |
7,013.0984 |
4,404,226 |
| 3 October 2019 |
823 |
6,989.4750 |
5,752,338 |
| 4 October 2019 |
813 |
6,967.7595 |
5,664,788 |
| Accumulated in second phase of the program |
6,118 |
|
43,784,396 |
| Accumulated under the program |
94,190 |
|
672,591,561 |
| |
|
|
|
| |
Number of
B shares |
Average purchase
price B shares, DKK |
Transaction value,
B shares, DKK |
| Accumulated last announcement |
359,350 |
|
2,724,821,989 |
| 30 September 2019 |
3,541 |
7,767.6684 |
27,505,314 |
| 1 October 2019 |
4,285 |
7,742.3437 |
33,175,943 |
| 2 October 2019 |
3,198 |
7,450.7569 |
23,827,521 |
| 3 October 2019 |
3,247 |
7,409.9788 |
24,060,201 |
| 4 October 2019 |
3,180 |
7,384.6220 |
23,483,098 |
| Accumulated in second phase of the program |
24,473 |
|
186,004,912 |
| Accumulated under the program |
376,801 |
|
2,856,874,065 |
| |
|
|
|
|
|
|
With the transactions stated above, the Company owns a total of 94,190 A shares and 427,607 B shares as treasury shares, corresponding to 2.51% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 7 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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