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 8 September 2014 to 12 September 2014:
|
Number of A shares |
Average purchase price A shares, DKK |
Transaction value, A shares, DKK |
|
| Accumulated, last announcement | 2,300 | 31,824,567 | |
| 8 september 2014 | 455 | 14.197.70 | 6,459,955 |
| 9 september 2014 | 512 | 14.320.72 | 7,332,209 |
| 10 september 2014 | 680 | 14.292.89 | 9,719,166 |
| 11 september 2014 | 717 | 14.277.33 | 10,236,845 |
| 12 september 2014 | 563 | 14.287.78 | 8,044,021 |
| Accumulated under the program | 5,227 | 73.616.762 | |
|
Number of B shares |
Average purchase price B shares, DKK |
Transaction value, B shares, DKK |
|
| Accumulated last announcement | 8,699 | 125,407,412 | |
| 8 september 2014 | 1,970 | 14,783.31 | 29,123,117 |
| 9 september 2014 | 1,728 | 14,888.72 | 25,727,705 |
| 10 september 2014 | 2,339 | 14,886.89 | 34,820,439 |
| 11 september 2014 | 2,380 | 14,866.11 | 35,381,343 |
| 12 september 2014 | 2,121 | 14,865.00 | 31,528,673 |
| Accumulated under the program | 19,237 | 281,988,689 |
With the transactions stated above, the Company owns a total of 5.227 A shares and 122,869 B shares as treasury shares, corresponding to 0.58% of the share capital.
Copenhagen, 15 September 2014
Contact persons:
Head of Investor Relations, Henrik Lund, tel. +45 3363 3106
Head of Media Relations, Louise Münter, tel. +45 3363 1912
