20.03.2015 07:49:54

Odfjell SE : Extension of TRS agreement

On 19 December 2014 Odfjell SE entered into a Total Return Swap (TRS) agreement with DNB Markets. The TRS comprises 5,891,166 A-shares and 2,322,482 B-shares with expiry on 19 March 2015.

Today, the expiry date for this TRS has been extended to 3 July 2015, with agreed strike prices of NOK 24.34 and NOK 23.32 respectively.

After these transactions Odfjell SE owns no shares in Odfjell SE.

For more information please contact:
Tom A. Haugen, VP Finance Odfjell SE
Tel.: + 47 55 27 00 00 / E-mail: tom.haugen@odfjell.com

 
 
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 OMX Corporate Solutions on behalf of NASDAQ OMX 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: Odfjell SE via Globenewswire

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