Termination of TRS agreement and purchase of shares

Odfjell SE has, on the 5 January 2016, terminated its Total Return Swap (TRS) agreement with DNB Markets for 5,891,166 A-shares and 2,322,482 B-shares.

Simultaneously all shares has been acquired by Odfjell SE at a price of NOK 28.00 for the A-shares and NOK 26.00 for the B-shares.

After the purchase, Odfjell SE holds 5,891,166 Odfjell A-shares and 2,322,482 B-shares.


Published January 5, 2016

Latest stories

Successful completion of tap issue

Odfjell SE has successfully completed a buyback of NOK 275 million under its outstanding senior unsecured bond issue with maturity in June 2022 and ISIN NO0010796238...

Read more

Potential buyback of own bonds and tap issue

Read more

25- and 40-year anniversaries celebrated in Bergen

'You are among our most important role models and are leading by example for the next generation of Odfjell’ers. On behalf of the company: We are proud and grateful to...

Read more