Purchase of own shares from A.P. Møller - Maersk completed
6 September, 2013
DFDS purchases shares from A.P. Møller - Mærsk A/S equivalent to 12%
DFDS has today purchased 1,782,730 shares from A.P. Møller - Mærsk A/S, equivalent to 12.0% of the total shares issued in DFDS. The price per share was DKK 352.50 and the total purchase price was DKK 628.4m.
As stated previously, DFDS intends to cancel the majority of the purchased shares at the next ordinary annual general meeting, except for shares to be used for hedging of DFDS’ incentive program.
DFDS owns a total of 14.4% of the share capital, including the shares purchased today.
Following the completion of the transaction, DFDS’ equity ratio is estimated to have decreased to 50% from 52%, and the ratio of net interest-bearing debt to operating profit (EBITDA) is estimated to have increased to 2.4x from 1.8x (pro forma calculation using latest available figures as per 30.06.2013).
Changes in major shareholder holdings
A.P. Møller - Mærsk A/S has today informed DFDS that its shareholding in DFDS has been reduced from 31.3% to 0.0% after sale of 4,657,365 shares.
The Lauritzen Foundation has today informed DFDS that its shareholding in DFDS has increased from 36.3% to 38.3% after purchase of 300,000 shares.
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