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 21 October 2019 to 25 October 2019:
| |
Number of
A shares |
Average purchase
price A shares, DKK |
Transaction value,
A shares, DKK |
| Accumulated, last announcement |
101,998 |
|
729,502,334 |
| 21 October 2019 |
727 |
7,642.4221 |
5,556,041 |
| 22 October 2019 |
772 |
7,872.6933 |
6,077,719 |
| 23 October 2019 |
772 |
7,925.8000 |
6,118,718 |
| 24 October 2019 |
762 |
7,959.2568 |
6,064,954 |
| 25 October 2019 |
741 |
7,928.7778 |
5,875,224 |
| Accumulated in second phase of the program |
17,700 |
|
130,387,824 |
| Accumulated under the program |
105,772 |
|
759,194,989 |
| |
|
|
|
| |
Number of
B shares |
Average purchase
price B shares, DKK |
Transaction value,
B shares, DKK |
| Accumulated last announcement |
408,026 |
|
3,098,229,478 |
| 21 October 2019 |
2,968 |
8,157.1138 |
24,210,314 |
| 22 October 2019 |
3,034 |
8,399.8973 |
25,485,288 |
| 23 October 2019 |
3,034 |
8,449.6908 |
25,636,362 |
| 24 October 2019 |
3,034 |
8,504.1070 |
25,801,461 |
| 25 October 2019 |
3,026 |
8,465.6195 |
25,616,965 |
| Accumulated in second phase of the program |
70,794 |
|
554,110,714 |
| Accumulated under the program |
423,122 |
|
3,224,979,868 |
| |
|
|
|
|
|
|
With the transactions stated above, the Company owns a total of 105,772 A shares and 473,928 B shares as treasury shares, corresponding to 2.78% of the share capital.
Details of each transaction are included as appendix.
Copenhagen, 28 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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