SHARE BUYBACK WEEK 33 2016 AND COMPLETION OF PROGRAMME

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News Desk 2018
SHARE BUYBACK WEEK 33 2016 AND COMPLETION OF PROGRAMME

Copenhagen, 2016-08-16 19:24 CEST (GLOBE NEWSWIRE) -- Announcement no. 48

DFDS A/S has in week 33 purchased 17,911 own shares for DKK 5.6m as part of the share buyback programme of DKK 250m launched on 12 February 2016 and expiring latest on 17 August 2016, ref. company announcement no. 4/2016 of 12 February 2016.

The accumulated share buy-back of 943,029 shares for DKK 250.0m amounts to 100.0% of the programme.

This completes DFDS’ second share buyback in 2016 bringing the total capital distribution through share buybacks to DKK 650m in 2016.

Period, 2016 No. of shares Average  purchase price Value, DKK
       
Accumulated week 32 925,118 264.1 244,350,918
15 August 10,434 310.8 3,242,783
16 August 7,477 316.0 2,362,433
Total week 33 17,911 312.9 5,605,216
Accumulated week 33 943,029 265.1 249,956,134

  

Following the purchase, DFDS’ holding of own shares is 2,127,629 equal to 3.5% of the Company’s total no. of shares of 60,000,000. Excluding own shares, the no. of circulating shares is 57,872,371.

The share buyback programme is organised in compliance with the EU Commission’s Regulation (EC) No 2273/2003 (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

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