Profit split related to Walenius Lines AB sale of shares in Wallenius Wilhelmsen Logistics ASA

With reference to stock exchange notices issued 22 December 2016 and 4 April 2017 as well as stock exchange notices 19 and 20 April 2017, Wallenius Lines AB have reduced its shareholding in Wallenius Wilhelmsen Logistics ASA by 43 104 938 shares.

Press release | 2017年4月20日星期四

Wallenius Lines AB and Wilh. Wilhelmsen Holding ASA now hold 37.8% of the shares in Wallenius Wilhelmsen Logistics ASA respectively. Other shareholders hold the remaining 24.4% of the shares.

As part of the agreement announced 22 December 2016, Wallenius Lines AB and Wilh. Wilhelmsen Holding ASA agreed that for 75% of the shares sold the parties would split any upside above NOK 32.50 per share. As the shares were placed at NOK 40 per share, approximately USD 14 million will be included as a non-recurring gain in Wilh. Wilhelmsen Holding ASA's accounts for the second quarter.