On 14 August 2013, NORDEN initiated the third phase of a share buy-back programme in accordance with EU Commission Regulation no. 2273/2003 (the Safe Harbor method), which ensures that the NORDEN is protected against violation of insider legislation during the share buy-back, the Company said in a press release.
Since the third phase of the share buy-back programme was initiated on 14 August 2013, the total number of repurchased shares is 123,756 at a total amount of DKK 25,375,655. With the transactions stated above, NORDEN holds a total of 2,164,769 treasury shares, corresponding to 5.0%. The total number of shares in NORDEN is 43 million. Adjusted for treasury shares, the number of shares is 40,835,231.