NORDEN Managers Sell Shares During Share Buy-Back Program

Dampskibsselskabet NORDEN A/S has announced that its managers and closely related parties are continuously selling shares in proportion to the company's announced share buy-back program. The market is being informed of these transactions.

The sales are a continuation of previous disclosures concerning similar transactions. The company is informing the market about these changes as required.

NORDEN initiated its share buy-back program earlier this year as part of its strategy to return capital to shareholders. Specific details regarding the sales are available through the company's investor relations channels and stock exchange announcements.

This arrangement allows management flexibility in selling shares while the company executes its own share repurchase program.