Scandlines reduces holding in Mols-Linien A/S

The Danish-German ferry operator Scandlines announced on Friday 13 October that it has reduced its holding in shipping company Mols-Linien A/S to 30%.

The holding was reduced based on a decision announced on 23 August by Scandlines' owners, German rail operator Deutsche Bahn AG and the Danish government.

Scandlines divested a total of 283,334 shares, which after a book-building process were priced at DKK440 per share. The shares were acquired by Danish and international investors.

Scandlines retains 849,999 shares, equalling 30% of the share capital of Mols-Linien. Scandlines, 50/50 owned by Deutsche Bahn and the Danish ministry of transport and energy, operates 12 ferry lines between Denmark and Germany. The ferry operator is being prepared for a sale, and according to media reports the number of bidders have now been reduced to three. The bids are believed to be around DKK10bn.

One British pound (GBP) is worth approximately 11.03 Danish kroner (DKK).

IJmuiden - Newcastle

1 x Foot Passenger(s) Return

Travelling on: 06/10/2012 - 09/10/2012

£141

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Dover - Calais

Car + 2 Return

Travelling on: 11/06/2012 - 11/06/2012

£19

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Dover - Calais

Car + 4 Return

Travelling on: 16/06/2012 - 16/06/2012

£19

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