DFDS A/S
DFDS COMMITS TO BUY OWN SHARES FROM A.P. MOELLER – MAERSK

DFDS A/S 

05.09.2013 08:13
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Copenhagen, 2013-09-05 08:13 CEST (GLOBE NEWSWIRE) --
Announcement no. 22



This announcement is for information purposes only and shall not constitute an
offer to sell or the solicitation of an offer to buy, nor shall there be any
sale, of the securities referred to herein in the United States, Canada,
Australia, New Zealand, South Africa, Japan or any other jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction. 

The securities referred to herein have not been, and will not be, registered
under the Securities Act of 1933, as amended and may not be offered or sold in
the United States absent registration or an applicable exemption from United
States registration requirements. There is no intention to register any part of
the offering in the United States or to conduct a public offering of securities
in the United States. 

With respect to the member states of the European Economic Area which have
implemented Directive 2003/71/ec (and amendments thereto, including directive
2010/73/eu) (the 'Prospectus Directive') (each a 'Relevant Member State'), no
action has been undertaken or will be undertaken to make an offer to the public
of the securities referred to herein requiring a publication of a prospectus in
any Relevant Member State. As a result, these securities may only be offered or
sold in any Relevant Member state pursuant to an exemption under the Prospectus
Directive. 

This announcement is only addressed to, and directed at, persons in Member
States of the European Economic Area who are 'qualified investors' within the
meaning of article 2(1)(e) of the Prospectus Directive ('Qualified Investors').
In the United Kingdom, this announcement is directed only at, Qualified
Investors (i) who are persons having professional experience in matters
relating to investments who fall within the definition of 'investment
professionals' in article 19(5) of the financial services and markets act 2000
(financial promotion) order 2005, as amended (the 'Order'), or (ii) persons who
are high net worth entities falling within article 49(2) of the Order, and
other persons to whom it may lawfully be communicated. In Denmark, this press
release is directed only at persons who are Qualified Investors. 



Earlier today, A.P. Moeller - Maersk A/S (Maersk) announced the launch of an
accelerated bookbuild of up to its total holding of shares in DFDS of 4,657,365
shares, equivalent to 31.3% of the total shares issued in DFDS. 

In connection with the transaction, DFDS has committed to purchase 1,782,730
shares, equivalent to 12.0% of DFDS' share capital. In addition, DFDS' main
shareholder, the Lauritzen Foundation, has committed to purchase 300,000
shares, equivalent to 2.0% of DFDS' share capital. 

DFDS intends to cancel the shares purchased in connection with the transaction
at the next ordinary annual general meeting, except for shares to be used for
hedging of DFDS' incentive program. 

At DFDS' annual general meeting in 2012, the Board of Directors was authorized
to purchase up to 20% of DFDS' share capital before 28 March 2017. DFDS
presently holds 2.4% of the total shares issued. 

DFDS assesses the company's capital structure on a regular basis and has chosen
to participate in the transaction as a successful transaction will have the
following consequences for DFDS: 

- Improved leverage of the company through reduction of excess cash

- Attractive share buy-back at price below book value

- Reduced number of outstanding shares increases earnings per share

- The free float of the DFDS shares increased from 30% to approx. 53 % which is
expected to improve the liquidity of the shares 

- Capital structure post the share buyback will continue to support DFDS'
strategy of growth through value creating acquisitions 





         Niels Smedegaard, CEO
         +45 3342 3400
         
         Torben Carlsen, CFO
         +45 3342 3201
         
         Soeren Broendholt Nielsen, IR
         +45 3342 3359

Click on, or paste the following link into your web browser, to view the associated documents

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=443860

News Source: NASDAQ OMX



05.09.2013 Dissemination of a Corporate News, transmitted by DGAP - 
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:     English
Company:      DFDS A/S
              
               
              Dänemark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010259027
WKN:          
 
End of Announcement                             DGAP News-Service
 
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