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:
mailto:tom.haugen@odfjell.com
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