DFDS — M&A Activity 2019

Sep 2, 2019

FERRY SALE TO OPTIMISE FLEET UTILISATION

FERRY SALE TO OPTIMISE FLEET UTILISATION

COMPANY ANNOUNCEMENT NO 27

DFDS has entered into an agreement to sell a combined freight and passenger ferry (ro-pax) — Liverpool Seaways, built 1997 — to La Meridionale. It is agreed that the ferry will be delivered to the new owner in April 2020.

Liverpool Seaways is currently deployed in DFDS’ Baltic route network and is planned to be replaced by a ferry from DFDS’ existing fleet.  

Completion of the sale is agreed for April 2020 with proceeds of around DKK 200m and an expected accounting profit of around DKK 100m to be recorded under Special items. The sale has no material impact on the outlook for 2019.   

Contact

Torben Carlsen, CEO +45 33 42 32 01

Søren Brøndholt Nielsen, IR +45 33 42 33 59

Gert Jakobsen, Communications +45 33 42 32 97

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

Attachment

• OMX_NO_27_02_09_2019_Liverpool