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Press Release: AWARD OF SHARE OPTIONS

2 Mar 2018 11:10 am
 
 
 
company announcement no. 18 2018 
 
 
 
   DFDS' share option programme is part of our aspiration to promote a 
performance culture that creates and rewards results. 
 
   Today, in accordance with DFDS' guidelines for the remuneration of the 
Board of Directors and the Executive Board as adopted by the Annual 
General Meeting on 21 March 2017, Niels Smedegaard, CEO, was awarded 
65,617 share options and Torben Carlsen, CFO, was awarded 49,213 share 
options. In addition, a total of 133,322 share options was awarded to a 
number of key employees. 
 
   The share options vest with 1/36 per month from and including March 2018 
and may be exercised in the period from February 2021 until February 
2023. The exercise price is based on the average quoted share price in 
the 20 trading days prior to and including 1 March 2018 to which 10% has 
been added, giving an exercise price of DKK 383 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 7.6m, 
calculated according to the Black-Scholes model as described in DFDS' 
most recent annual report. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5 -12 of the Norwegian Securities Trading Act. 
   Contact 
 
   Torben Carlsen, CFO, +45 33 42 32 01 
 
   Søren Brøndholt Nielsen, IR, +45 33 42 33 59 
 
 
 
   UK_OMX_NO_18_02_03_2018: http://hugin.info/2070/R/2173187/837776.pdf 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: DFDS A/S via Globenewswire 
 
 
  http://www.dfds.com/ 
 

(END) Dow Jones Newswires

March 02, 2018 06:10 ET (11:10 GMT)
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