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AWARD OF SHARE OPTIONS

COMPANY ANNOUNCEMENT NO. 34
 

DFDS’ share option programme is part of our aspiration to promote a performance culture that creates and rewards results.

In connection with Torben Carlsen’s appointment to CEO earlier this year, Torben Carlsen has been awarded 19,778 share options.

The share options vest with 1/27 per month from and including November 2019 and may be exercised in the period from February 2022 until February 2024. The exercise price is based on the average quoted share price in the 20 trading days prior to and including 11 November 2019 to which 10% has been added, giving an exercise price of DKK 291 per share of DKK 20 nominal value. The options are hedged against the company’s own shareholding. The theoretical value of the share options is DKK 0.5m calculated according to the Black-Scholes model as described in DFDS’ most recent annual report.

 

Contact
Torben Carlsen, CEO +45 33 42 32 01
Søren Brøndholt Nielsen, IR +45 33 42 33 59

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

 

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