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DFDS' offer for Channel ferries accepted by Eurotunnel
22 June, 2015
Eurotunnel accpted DFDS offer for the Rodin and Berlioz ferries and will enter into longterm bareboat charter agreements from 2 July
We have now received confirmation that Eurotunnel has accepted DFDS offer for the ferries Rodin and Berlioz.
From 2 July 2015, DFDS has entered into longterm bareboat charter agreements for the two ships. In addition, a put option agreement has been entered into that provides Eurotunnel with the right to require DFDS to purchase the ships. The put option agreement expires at the latest in mid-2017.
Eurotunnel can exercise the put option on terms agreed between the parties, including a price reduction equal to any charter payments made before an exercise of the put option.
In addition, the administrators of the SCOP-SeaFrance have launched a sales process of all or parts of the SCOP-SeaFrance and DFDS will constructively participate in this process.
Neither the bareboat charter agreements, nor the put option agreement, entail changes to DFDS previously announced outlook for earnings in 2015.
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