Copenhagen, 2015-04-21 19:54 CEST (GLOBE NEWSWIRE) -- Announcement no. 31
DFDS A/S has in week 17 purchased 2,549 own shares for DKK 1.8m as part of the share buy-back programme of DKK 200m launched on 9 September 2014 and expiring latest on 30 June 2015, ref. company announcement no. 65/2014 of 8 September 2014.
The accumulated share buy-back of 338,061 shares for DKK 195.8m amounts to 97.9% of the programme.
The Board of Directors has today decided to close the programme in order to initiate a new programme as per an announcement later today.
Period, 2015 | No. of shares | Average purchase price | Value, DKK |
Accumulated week 16 | 335,512 | 578.1 | 193,976,090 |
20 April | 1,311 | 717.3 | 940,354 |
21 April | 1,238 | 729.8 | 903,443 |
Total week 17 | 2,549 | 723.3 | 1,843,797 |
Accumulated week 17 | 338,061 | 579.2 | 195,819,887 |
Following the above purchases, DFDS’ holding of own shares is 549,179 equal to 4.3% of the Company’s total no. of shares of 12,650,000. Excluding own shares, the no. of circulating shares is 12,100,821.
An extraordinary general meeting is expected to be held towards the end of 2015 where a proposal to cancel the shares acquired under the programme will be put forward.
The share buy-back programme is organised in compliance with the EU Commission’s Regulation (EC) No 2273/2003 (Safe Harbour regulation for share buy-backs).
Contact
Torben Carlsen, CFO
+45 33 42 32 01
Søren Brøndholt Nielsen, IR
+45 33 42 33 59