REPORTING OF TRANSACTIONS IN DFDS’ SHARES AND ASSOCIATED SECURITIES BY SENIOR EMPLOYEES AND THEIR RELATED PARTIES


Copenhagen, 2014-09-08 18:57 CEST (GLOBE NEWSWIRE) -- Announcement no. 66

 

 

Pursuant to section 28a of the Danish Securities Trading Act, DFDS A/S must disclose information on trading in the shares and associated securities of DFDS A/S undertaken by senior employees or their related parties.

Name: Lauritzen Foundation
Cause: Bent Østergaard, Chairman of the Board, DFDS, and CEO, Lauritzen Foundation
Issuer: DFDS A/S
ISIN: DK0010259027
Designation: Shares
Transaction: Sale
Trading date: 9 September 2014

DFDS is launching a share buy-back programme on 9 September 2014 for an amount of up to DKK 200m according to company announcement no. 65/2014 of 8 September 2014.

The Lauritzen Foundation has committed itself to participating pro rata in the share buy-back programme with a share of 42.8% which is identical to the participation in the previous share buy-back programme, ref. company announcement no. 8/2014, to ensure an unchanged free float percentage (adjusted for own shares held by DFDS).

The pro rata share buy-back of the Lauritzen Foundation entails that the Lauritzen Foundation daily sells a pro rata amount of DFDS shares at a price calculated according to the volume-weighted average pur-chase price for the shares bought according to the share buy-back programme on the relevant day of trading.

When the share buy-back programme is completed, a company announcement will be issued specifying the total number and volume of shares sold by the Lauritzen Foundation. Announce-ments pursuant to section 28a of the Danish Securities Trading Act will on an ongoing basis be sent to the Danish FSA.

 

 

NAME     TRADE      NO. OF SHARES     PRICE, DKK     TOTAL VALUE, DKK
Lauritzen Foundation      Sale     See above     See above     See above

 

 

Contacts:
Niels Smedegaard, CEO
+45 33 42 34 00

Torben Carlsen, CFO
+45 33 42 32 01

Søren Brøndholt Nielsen, IR
+45 33 42 33 59


Attachments

UK 28A Indberetning JLF sep 14 v1 new programme.pdf