Clipper owns bigger share in DFDS
SHIPPING: In an announcement to OMX, the stock exchange quoted shipping company DFDS on Wednesday morning informed, that Clipper Group has announced to the shipping company, that Clipper has bought additional shares in DFDS and now owns more than 15 percent of the share capital.
DFDS' CEO Niels Smedegaard says that he doesn't know whether Clipper has bought a block of shares in the shipping company or whether they have collected the shares along the way.
"I have no idea but I assume that they have bought smaller shares along the way, as I haven't seen any essential transactions within the share", says Smedegaard who informs that Clipper has not contacted DFDS to discuss what the expansion of the block of shares from 10 percent to the evident more than 15 percent is to be used for.
"It has no direct influence on our businesses. It means that the liquidity of the share is a little more limited, but except for this there is no real news in it. Clipper Group has previously declared that they see it as a good financial investment when they had 10 percent, and supposedly they still do," Says Smedegaard.
Except for Clipper Group's own and very widely ranging share activities, Clipper also owns large shares in more of the large Danish shipping companies, among others a big share block in Mols.Linien.
Source: maritimedanmark.dk / DFDS
