Dampskibsselskabet NORDEN A/S, the Copenhagen-based international dry cargo and tanker shipping group, has disclosed that major shareholder A/S Motortramp is selling shares on a pro-rata basis as part of NORDEN's ongoing share buy-back programme. The transaction is structured to allow A/S Motortramp to preserve its ownership at just under 32% of NORDEN's total shares. The disclosure was made under Company Announcement no. 262/2026, dated 11 November 2026, and is classified as a notification of managers' and closely related parties' transactions. Investors in the Danish shipping operator will be watching how the buy-back programme progresses and whether A/S Motortramp's proportional participation continues.

Key Points

  • Dampskibsselskabet NORDEN A/S (0HDP), a Danish international shipping company operating in dry cargo and tanker markets
  • Major shareholder A/S Motortramp is selling NORDEN shares pro rata to maintain its stake at just under 32% during the company's active share buy-back programme
  • The disclosure is Company Announcement no. 262/2026 (11 November 2026); the buy-back programme was previously detailed in announcement no. 252/2026
  • Investors should monitor further buy-back programme updates and any change in A/S Motortramp's proportional ownership level

A/S Motortramp Participates Pro Rata in NORDEN's Active Share Buy-Back Programme

According to the announcement, A/S Motortramp is selling NORDEN shares on a continuous, pro-rata basis in connection with the company's previously announced share buy-back programme. The specific purpose of these sales is to allow A/S Motortramp to maintain its current ownership level at just under 32% of NORDEN's total share capital. The original terms of the buy-back programme were set out in Company Announcement no. 252/2026. By participating proportionally, A/S Motortramp avoids unintentional dilution or concentration of its shareholding as NORDEN repurchases shares from the open market.

NORDEN's Position as a Major Danish Dry Cargo and Tanker Operator

Dampskibsselskabet NORDEN A/S is a well-established Danish shipping company with operations spanning international dry cargo and tanker markets. The group generates revenue through the ownership and operation of vessels across global trade routes, serving customers in sectors that depend on the seaborne transportation of bulk commodities and refined products. Share buy-back programmes are a common capital management tool among listed shipping companies, used to return value to shareholders. A/S Motortramp's near-32% holding represents a substantial strategic stake in NORDEN, and its ongoing participation in the buy-back is a notable governance disclosure for the market.

Managerial Transaction Notification Filed by CFO Anne Sofie Staunsbaek Veyhe

The announcement was signed by NORDEN's Chief Financial Officer, Anne Sofie Staunsbaek Veyhe, and accompanied by a formal attachment covering managers' transactions and transactions by persons discharging managerial responsibilities. Investor relations enquiries were directed to Therese Möllevinge, Head of Investor Relations, while communications contacts were provided via Lasse Lilholt Raahauge, Head of Communications. The specific volume of shares sold by A/S Motortramp and the transaction value were not disclosed in the announcement itself; investors seeking further detail are directed to the attached transactions document.