Copenhagen, 2015-04-21 19:57 CEST (GLOBE NEWSWIRE) -- Announcement no. 34
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: 22 April 2015
DFDS is launching a share buy-back programme on 22 April 2015 for an amount of up to DKK 300m according to company announcement no. 33/2015 of 21 April 2015.
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. 65/2014, 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 accord-ing to the volume-weighted average purchase 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 reporting the total number and value of shares sold by the Lauritzen Founda-tion. Announcements 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 |
Contact
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
