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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