SHARE BUYBACK WEEK 15 2018 AND CANCELLATION OF PROGRAMME
company announcement no. 36 |
DFDS A/S has in week 15 purchased 29,308 own shares for DKK 10.1m as part of the share buyback of DKK 400m launched on 8 February 2018 and expiring latest on 15 August 2018, ref. company announcement no. 11/2018 of 8 February 2018.
The accumulated buyback of 388,560 shares for DKK 132.3m amounts to 33.1% of the programme.
Period, 2018 | No. of shares | Average purchase price | Value, DKK |
Accumulated week 14 | 359,252 | 340.3 | 122,241,258 |
09 April | 10,344 | 344.0 | 3,558,243 |
10 April | 9,482 | 345.5 | 3,275,827 |
11 April | 9,482 | 345.3 | 3,274,229 |
Total week 15 | 29,308 | 344.9 | 10,108,299 |
Accumulated week 15 | 388,560 | 340.6 | 132,349,557 |
Following the purchase on 11 April 2018, DFDS' holding of own shares was 2,463,253 equal to 4.3% of the total number of shares of 57,000,000 on that date. Excluding own shares, the number of circulating shares was 54,536,747.
On 12 April 2018, the share buyback was cancelled as a consequence of the acquisition of U.N. Ro-Ro. On 18 April 2018, the reduction of the share capital as approved by DFDS A/S' general meeting on 19 March 2018 was registered. DFDS' holding of own shares is therefore now 1,463,253 equal to 2.6% of the total number of shares of 56,000,000.
The share buyback 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. UK BB 2018 trades w 15
UK_No_36_24_04_2018_Share buyback
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
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