Odfjell Announces Mandatory Notification of Trade

Source: www.gulfoilandgas.com 11/8/2024, Location: Europe

Norchem LWO Holding AS, a company controlled by Laurence Ward Odfjell, Chairman of the Board in Odfjell SE, has on 8 November 2024 bought 50 000 B-shares in Odfjell SE at NOK 109.71 per share, equivalent to 0.06% of total outstanding shares in Odfjell SE. Following this transaction, Norchem LWO Holding AS owns 563 012 B-shares in Odfjell SE.

Norchem AS, in which Laurence Ward Odfjell has controlling interest, owns 25 966 492 A-shares and 7 061 148 B-shares in Odfjell SE, equivalent to 41.43% (43.07% of the votes) of total outstanding shares in Odfjell SE. In addition, he controls A/S Rederiet Odfjell which owns 3 497 472 A-shares in Odfjell SE, equivalent to 4.39% (5.80% of the votes) of total outstanding shares in Odfjell SE. Laurence Ward Odfjell also owns 100% of Skibsaksjeselskapet Storli which owns 100 000 B-shares in Odfjell SE, equivalent to 0.13% of total outstanding shares in Odfjell SE.


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