Odfjell SE : Extension of TRS agreement


On 19 December 2014 Odfjell SE entered into a Total Return Swap (TRS) agreement with DNB Markets. The TRS comprises 5,891,166 A-shares and 2,322,482 B-shares. The TRS was extended to 5 October 2015. 

Today the expiry date for this TRS is extended to 5 January 2016, with agreed strike prices of NOK 24,79 and NOK 23,75 respectively.

After this extension Odfjell SE owns no shares in Odfjell SE.

For more information please contact:

Tom A. Haugen
VP Finance, Odfjell SE
Tel.: + 47 55 27 00 00
E-mail: tom.haugen@odfjell.com

 
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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