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 14 October 2019 to 18 October 2019:
| |
Number of
A shares |
Average purchase
price A shares, DKK |
Transaction value,
A shares, DKK |
| Accumulated, last announcement |
98,139 |
|
700,637,129 |
| 14 October 2019 |
823 |
7,397.7269 |
6,088,329 |
| 15 October 2019 |
720 |
7,501.8714 |
5,401,347 |
| 16 October 2019 |
772 |
7,509.2133 |
5,797,113 |
| 17 October 2019 |
772 |
7,490.3333 |
5,782,537 |
| 18 October 2019 |
772 |
7,507.6133 |
5,795,877 |
| Accumulated in second phase of the program |
13,926 |
|
100,695,168 |
| Accumulated under the program |
101,998 |
|
729,502,334 |
| |
|
|
|
| |
Number of
B shares |
Average purchase
price B shares, DKK |
Transaction value,
B shares, DKK |
| Accumulated last announcement |
392,594 |
|
2,975,474,223 |
| 14 October 2019 |
3,280 |
7,870.8660 |
25,816,440 |
| 15 October 2019 |
3,247 |
7,967.1475 |
25,869,328 |
| 16 October 2019 |
2,788 |
7,980.3106 |
22,249,106 |
| 17 October 2019 |
3,034 |
7,964.6843 |
24,164,852 |
| 18 October 2019 |
3,083 |
7,997.2521 |
24,655,528 |
| Accumulated in second phase of the program |
55,698 |
|
427,360,325 |
| Accumulated under the program |
408,026 |
|
3,098,229,478 |
| |
|
|
|
|
|
|
With the transactions stated above, the Company owns a total of 101,998 A shares and 458,832 B shares as treasury shares, corresponding to 2.69% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 21 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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