ANNOUNCEMENT
A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program
On 29 August 2014 A.P. Møller - Mærsk A/S (the Company) announced first phase of a share buy-back program in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbour regulation). The share buy-back program of up to DKK 5.6bn (equivalent to approximately USD 1bn) is to be executed during a 12-month period beginning 1 September 2014.
The purpose of the share buy-back program is to adjust the capital structure of the Company and to meet the obligations arising from sharebased incentive programs.
During the first phase of the program running from 1 September 2014 to 30 November 2014, the Company will buy-back A and B shares for an amount of up to DKK 2,280 mill. (equivalent to approximately USD 400 mill.).
The following transactions have been made under the program in the period 1 September 2014 to 5 September 2014:
|
Number of A shares |
Average purchase price A shares, DKK |
Transaction value, A shares, DKK |
|
| Accumulated, last announcement | 0 | 0 | |
| 1 September 2014 | 418 | 13,601.81 | 5,685,558 |
| 2 September 2014 | 682 | 13,768.23 | 9,389,932 |
| 3 September 2014 | 444 | 13,895.07 | 6,169,411 |
| 4 September 2014 | 389 | 13,939.53 | 5,422,476 |
| 5 September 2014 | 367 | 14,052.29 | 5,157,191 |
| Accumulated under the program | 2,300 | 31,824,568 | |
|
Number of B shares |
Average purchase price B shares, DKK |
Transaction value, B shares, DKK |
|
| Accumulated last announcement | 0 | 0 | |
| 1 September 2014 | 1,658 | 14,164.58 | 23,484,881 |
| 2 September 2014 | 2,165 | 14,362.65 | 31,095,128 |
| 3 September 2014 | 1,594 | 14,469.13 | 23,063,801 |
| 4 September 2014 | 1,641 | 14,472.61 | 23,749,553 |
| 5 September 2014 | 1,641 | 14,633.79 | 24,014,049 |
| Accumulated under the program | 8,699 | 125,407,412 |
With the transactions stated above, the Company owns a total of 2,300 A shares and 113,176 B shares as treasury shares, corresponding to 0.53% of the share capital.
Copenhagen, 8 September 2014
Contact persons:
Head of Investor Relations, Henrik Lund, tel. +45 3363 3106
Head of Media Relations, Louise Münter, tel. +45 3363 1912
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