Investor - Press release

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

First published 05.01.2016

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