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Svitzer Group Announces Recent Director Transactions

Svitzer Group Announces Recent Director Transactions

Transactions Reported by Board Members

In accordance with the Market Abuse Regulation, article 19, Svitzer Group A/S, CVR-no. 44 79 14 47, referred to as “Svitzer Group” or the “Company,” hereby announces that it has received information regarding transactions conducted by members of the Board of Directors or Executive Management in Svitzer Group, as well as their closely associated individuals, involving shares of Svitzer Group that are traded and officially listed on Nasdaq Copenhagen A/S.

Recent Share Acquisitions by APMH Invest A/S

The notification attached results from APMH Invest A/S’ recent acquisitions of shares in Svitzer Group. As of the latest reporting date, APMH Invest A/S owns approximately 46.98% of the total share capital and voting rights in Svitzer Group. This substantial ownership indicates a strong belief in the company's future prospects.

Overview of Svitzer Group

Svitzer is a prominent provider of towage and marine services on a global scale. The company's primary focus is to assist large vessels in navigating in and out of ports and terminals, ensuring safe berthing and unberthing. With a fleet of over 450 vessels, Svitzer plays an essential role in the critical infrastructure of ports. Established in 1833, Svitzer caters to around 2,000 clients across more than 140 ports and 40 terminals in 37 countries, showcasing its wide-ranging operational capabilities.

Core Services Provided by Svitzer

Svitzer Group excels in providing towage services that guarantee safe and efficient navigation for marine vessels. Their fleet is equipped to support both large maritime traffic and smaller local operations, offering flexible solutions tailored to meet diverse shipping requirements. These services not only improve the operational efficiency of vessels but also significantly enhance maritime safety.

Dedication to Sustainability

In light of the growing demand for the maritime industry to minimize emissions and enhance sustainability, Svitzer Group is proactively investing in green technologies and sustainable practices. The company is taking steps to boost fuel efficiency and lessen its environmental footprint, aligning with global standards and the expectations of its clients.

Leadership and Contact Details

For additional information, please reach out to:

Michael Nass Nielsen, Head of Investor Relations and FP&A
T: +45 24941654
E: ir@svitzer.com

Anders Crillesen
Global Head of Communications
E: anders.crillesen@svitzer.com

Frequently Asked Questions

What transactions have been reported by Svitzer Group?

Recent reports detail share purchases made by APMH Invest A/S, which has acquired a significant portion of Svitzer's shares.

Who can be contacted for more information about Svitzer Group?

For further inquiries, you can contact Michael Nass Nielsen or Anders Crillesen via phone or email.

What is the primary business of Svitzer Group?

Svitzer Group specializes in towage and marine services, helping vessels with port maneuvers and logistical operations.

How many vessels does Svitzer operate?

Svitzer operates a fleet of over 450 vessels, which are vital to maritime infrastructure in numerous ports around the world.

What is Svitzer's commitment to sustainability?

Svitzer is dedicated to reducing its environmental impact by investing in green technologies and enhancing fuel efficiency in its operations.

About The Author

About Investors Hangout

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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