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DFDS — Regulatory Filings 2018
Mar 2, 2018
3361_rns_2018-03-02_f8d39296-3834-40a5-b6d2-ad961ec2e680.pdf
Regulatory Filings
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COMPANY ANNOUNCEMENT
DFDS
AWARD OF SHARE OPTIONS
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.
DFDS A/S
Sundkrogsgade 11
DK-2100 Copenhagen Ø
CVR 14 19 47 11
www.dfds.com
Company announcement no. 18/2018
2 March 2018
Page 1/1
Contact
Torben Carlsen, CFO
+45 33 42 32 01
Søren Brøndholt Nielsen, IR
+45 33 42 33 59
About DFDS
DFDS provides shipping and transport services in Europe, generating annual revenues of EUR 1.9bn.
To over 8,000 freight customers, we deliver high reliability through shipping & port terminal services and transport & logistics solutions.
For five million passengers, we provide safe overnight and short sea ferry services.
Our 7,000 employees are located on ships and in offices across 20 countries. DFDS was founded in 1866, is headquartered in Copenhagen, and listed on Nasdaq Copenhagen.
Disclaimer
The statements about the future in this announcement contain an element of risk and uncertainty which means that actual developments may diverge significantly.