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Odfjell SE : Extension of TRS agreement

On 19 December 2014 Odfjell SE entered into a Total Return Swap (TRS)
agreement with DNB Markets. The TRS comprises 5,891,166 A-shares and
2,322,482 B-shares. The TRS was extended to 5 October 2015.

Today the expiry date for this TRS is extended to 5 January 2016, with agreed
strike prices of NOK 24,79 and NOK 23,75 respectively.

After this extension Odfjell SE owns no shares in Odfjell SE.

For more information please contact:

Tom A. Haugen
VP Finance, Odfjell SE
Tel.: + 47 55 27 00 00

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


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Odfjell SE via Globenewswire


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