Dampskibsselskabet NORDEN A/S, the Danish shipping group, has issued Company Announcement no. 265/2026 dated 13 November 2026, disclosing a share transaction by A/S Motortramp in connection with NORDEN's ongoing share buy-back programme. A/S Motortramp, a closely related party and major shareholder, has sold shares on a pro-rata basis specifically to preserve its existing ownership level of just under 32% of NORDEN's total shares. The disclosure was made in accordance with regulatory obligations covering transactions by persons discharging managerial responsibilities and closely related parties, and was accompanied by a formal transaction attachment.

Key Points

  • Dampskibsselskabet NORDEN A/S (0HDP) — Danish international shipping company listed and tracked via Investegate
  • A/S Motortramp sold NORDEN shares pro rata under the company's active share buy-back programme, as disclosed in Announcement no. 265/2026
  • A/S Motortramp maintains a shareholding of just under 32% in NORDEN following the transaction; the precise number of shares sold and the transaction value were not disclosed in the announcement
  • Investors should watch for further pro-rata share sales by A/S Motortramp as NORDEN's buy-back programme continues, with reference to the related Announcement no. 252/2026

A/S Motortramp Sells NORDEN Shares Pro Rata to Preserve Just Under 32% Ownership

The announcement states that A/S Motortramp participates in NORDEN's share buy-back programme by selling shares on a proportional basis. The stated purpose of this selling activity is to maintain A/S Motortramp's current ownership at just under 32% of NORDEN's total share capital. By selling pro rata alongside the buy-back, A/S Motortramp avoids its percentage stake increasing passively as NORDEN reduces the number of shares in circulation. The company did not disclose the exact number of shares sold or the total transaction value in the announcement, with full transaction detail provided only via the attached regulatory filing.

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

This announcement forms part of a continuing series of regulatory notifications linked to NORDEN's active share buy-back programme, the broader terms of which were set out in the earlier Announcement no. 252/2026. Under Danish and European market rules, transactions carried out by persons discharging managerial responsibilities — and by closely related parties such as A/S Motortramp — must be disclosed publicly to ensure market transparency. The announcement was signed by Anne Sofie Staunsbaek Veyhe, CFO of Dampskibsselskabet NORDEN A/S, and investor relations contact details were provided for further enquiries.

Dampskibsselskabet NORDEN A/S: Shipping Operations and Shareholder Structure

Dampskibsselskabet NORDEN A/S is a Copenhagen-based international shipping company operating within dry cargo and tanker markets. A/S Motortramp's position of just under 32% makes it a cornerstone shareholder in the group. The ongoing pro-rata share sales by A/S Motortramp during the buy-back programme represent a notable structural feature of NORDEN's capital management activity, as the major shareholder actively adjusts its holdings in step with the company's own market repurchases. Investors may be watching the pace and scale of further buy-back-related transactions as the programme progresses.