Dampskibsselskabet NORDEN A/S, the Danish shipping group listed under ticker 0HDP, has disclosed that major shareholder A/S Motortramp is continuously selling shares on a pro-rata basis in connection with NORDEN's ongoing share buy-back programme. The sales are structured to preserve A/S Motortramp's ownership at just under 32% of NORDEN's total share capital. The disclosure, designated Company Announcement no. 260/2026 and dated 9 November 2026, was filed in accordance with regulations governing transactions by persons discharging managerial responsibilities. Investors with an interest in NORDEN's ownership structure may wish to review the attached transactions file alongside the earlier Announcement no. 252/2026.

Key Points

  • Dampskibsselskabet NORDEN A/S (0HDP) — Danish international shipping operator
  • A/S Motortramp is selling NORDEN shares pro rata alongside the company's active share buy-back programme to hold its stake at just under 32%
  • No specific volume, value, or price per share was disclosed in the announcement; the attached transactions file carries the detailed figures
  • Investors should monitor subsequent company announcements for further pro-rata sales as the buy-back programme continues

A/S Motortramp Sells Pro Rata to Preserve Its Near-32% Ownership in NORDEN

A/S Motortramp, a significant and longstanding shareholder in Dampskibsselskabet NORDEN A/S, is participating in NORDEN's share buy-back programme by disposing of shares on a pro-rata basis. The stated purpose of these sales is to prevent A/S Motortramp's proportionate stake from rising as NORDEN retires its own shares, thereby maintaining its holding at just under 32% of the company's total issued share capital. The announcement did not disclose the number of shares sold, the transaction price, or the aggregate consideration received by A/S Motortramp in connection with these disposals.

NORDEN's Buy-Back Programme and the Regulatory Disclosure Framework

NORDEN's share buy-back programme was previously communicated to the market through Company Announcement no. 252/2026, to which this latest filing refers. Under applicable Danish and European disclosure rules, transactions conducted by persons discharging managerial responsibilities — or parties closely related to them — must be reported to the market promptly. The 9 November 2026 announcement fulfils this obligation, with a formal transactions document attached to the filing. CFO Anne Sofie Staunsbaek Veyhe is named as the signatory on behalf of NORDEN, and investor relations contact Therese Möllevinge is available for further enquiries.

NORDEN's Business Profile and Its Relevance to the Share Structure

Dampskibsselskabet NORDEN A/S is a Copenhagen-headquartered shipping company with operations spanning dry cargo and product tanker markets internationally. The company generates revenue through the chartering and operation of vessels across global trade routes. A concentrated ownership structure — with A/S Motortramp holding just under 32% — means that share buy-back activity has a direct and ongoing effect on the relative weighting of major shareholders, making disclosures of this nature materially relevant to investors monitoring governance and ownership dynamics within the company.