DFDS A/S has in week 2 purchased 43,009 own shares for DKK 14.4m as part of the share buyback programme of DKK 350m launched on 18 August 2016 and expiring latest on 6 February 2017, ref. company announcement no. 50/2016 of 18 August 2016.
The accumulated share buyback of 922,195 shares for DKK 298.2m amounts to 85.2% of the programme.
Period, 2017
No. of shares
Average purchase price
Value, DKK
Accumulated week 1
879,186
322.8
283,778,622
09 January
6,956
333.8
2,321,724
10 January
10,434
333.5
3,479,814
11 January
7,446
334.5
2,490,337
12 January
9,478
336.6
3,190,600
13 January
8,695
338.5
2,943,518
Total week 2
43,009
335.4
14,425,994
Accumulated week 2
922,195
323.4
298,204,615
Following the purchase, DFDS' holding of own shares is 3,049,824 equal to 5.1% of the Company's total no. of shares of 60,000,000. Excluding own shares, the no. of circulating shares is 56,950,176.
The share buyback programme is organised in compliance with the European Commission Regulation 1052/2016 of 8 March 2016 (Safe Harbour regulation for share buybacks).
Information about all transactions are available in the attachment.
Contact:
Torben Carlsen, CFO
+45 33 42 32 01
Søren Brøndholt Nielsen, IR
+45 33 42 33 59
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DFDS A/S via Globenewswire
DFDS A/S published this content on 16 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 January 2017 15:20:03 UTC.
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Dfds AS is a Denmark-based integrated shipping and logistics company. The Companyâs operations are divided into two segments: Ferry Division and Logistics Division. The Ferry Division operates more than 20 ferry routes in the Northern Europe, including Baltic Sea, North Sea, Channel - and in Mediterranean between Turkey and Europe. The routes are a mix of pure freight routes (ro-ro), combined freight and passenger routes (ro-pax), as well as passenger routes. In addition, port terminals are owned and/or operated at strategic hubs of the route network, including Immingham, Rotterdam, Gothenburg, Istanbul and Trieste. The freight customers are mainly forwarders and hauliers, as well as manufacturers of heavy industrial goods. The Logistics Division includes mainly full-load transport solutions in corridors in the Northern Europe, as well as contract logistics solutions, including warehousing. Its customers are primarily manufacturers of industrial goods, consumables, and retailers.
DFDS A/S 
