Skip to content

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

The steady rise of Second Engineer Saly Girl

Read more

Odfjell joins industry leaders at first Achilles Maritime Network meeting

Read more

Chair Laurence Odfjell honored with ABRAN & Norwegian Shipowners’ Association Award

Read more