Following this transaction, Norchem owns 25,966,492 A-shares and 7,811,664 B-shares in Odfjell, equivalent to 42.37% of total outstanding shares and 42.02% of the votes in Odfjell.
Laurence Ward Odfjell, Chairman of the Board of Directors of Odfjell, has a controlling interest in Norchem. In addition, Laurence Ward Odfjell controls: (i) A/S Rederiet Odfjell which owns 3,497,742 A-shares in Odfjell SE, equivalent to 4.39% of total outstanding shares and 5.79% of the votes, (ii) Norchem LWO Holding AS which owns 563,012 B-shares, equivalent of 0.71% of total outstanding shares, and (iii) Skibsaksjeselskapet Storli which owns 100,000 B-shares, equivalent to 0.13% of total outstanding shares in Odfjell.
This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
