DFDS buys 1,782,730 shares from A.P. Møller - Mærsk A/S

DFDS has today purchased 1,782,730 shares from A.P. Møller - Mærsk A/S, equivalent to 12.0% of the total shares issued in DFDS. The price per share was DKK 352.50 and the total purchase price was DKK 628.4m.
As stated previously, DFDS intends to cancel the majority of the purchased shares at the next ordinary annual general meeting, except for shares to be used for hedging of DFDS’ incentive program.
DFDS owns a total of 14.4% of the share capital, including the shares purchased today.
Following the completion of the transaction, DFDS’ equity ratio is estimated to have decreased to 50% from 52%, and the ratio of net interest-bearing debt to operating profit (EBITDA) is estimated to have increased to 2.4x from 1.8x (pro forma calculation using latest available figures as per 30.06.2013).