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DFDS — M&A Activity 2015
Jun 22, 2015
3361_iss_2015-06-22_e8452203-433b-4e16-af26-a11fd183b04c.pdf
M&A Activity
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DFDS' OFFER FOR CHANNEL FERRIES ACCEPTED BY EUROTUNNEL
We have now received confirmation that Eurotunnel has accepted DFDS' offer for the ferries Rodin and Berlioz.
From 2 July 2015, DFDS has entered into longterm bareboat charter agreements for the two ships. In addition, a put option agreement has been entered into that provides Eurotunnel with the right to require DFDS to purchase the ships. The put option agreement expires at the latest in mid-2017.
Eurotunnel can exercise the put option on terms agreed between the parties, including a price reduction equal to any charter payments made before an exercise of the put option.
In addition, the administrators of the SCOP-SeaFrance have launched a sales process of all or parts of the SCOP-SeaFrance and DFDS will constructively participate in this process.
Neither the bareboat charter agreements, nor the put option agreement, entail changes to DFDS' previously announced outlook for earnings in 2015.
DFDS A/S Sundkrogsgade 11 DK-2100 Copenhagen Ø CVR 14 19 47 11
www.dfdsgroup.com
Company announcement no. 51/2015
22.06.2015
Page 1/ 1
Contact
Niels Smedegaard, CEO +45 33 42 34 00
Torben Carlsen, CFO +45 33 42 32 01
Søren Brøndholt Nielsen, IR +45 33EError! Unknown switch argument.rror! Unknown switch argument.EError! Unknown switch argument.rror! Unknown switch argument. 42 33 59
DFDS profile
DFDS provides shipping and transport services in Europe, generating annual revenues of EUR 1.7bn.
To over 8,000 freight customers, we deliver high performance and superior reliability through shipping and port terminal services, and transport and logistics solutions.
For six million passengers, we provide safe overnight and short sea ferry services.
Our 6,400 employees are located on ships and in offices across 20 countries. DFDS was founded in 1866, is headquartered in Copenhagen, and listed on NASDAQ OMX Copenhagen.
Disclaimer
The statements about the future in this announcement contain an element of risk and uncertainty, both in general and specific terms, and this means that