Copenhagen, 22 April 2024 – Svitzer A/S (Svitzer) announces that it will publish its Q1 trading statement on 25 April at around 8 am CEST ahead of the intended listing on Nasdaq Copenhagen.
Svitzer has been part of A.P. Møller – Mærsk A/S (APMM) for almost 45 years. On 8 February 2024, APMM announced its decision to initiate a separation of Svitzer through a demerger, subject to approval at an APMM extraordinary general meeting to be held on 26 April 2024, with a subsequent listing of the new parent company, Svitzer Group A/S, on Nasdaq Copenhagen and an anticipated first day of trading on 30 April 2024.
According to Svitzer Group’s financial calendar for 2024, the interim report for the first six months of 2024 will be published on 14 August 2024 and the Q3 2024 trading statement on 13 November 2024.
Further information about the demerger and listing of Svitzer Group is available on svitzer.com/investor, including:
- Svitzer A/S’ annual report for 2023
- Presentation from Svitzer A/S’ Capital Markets Day, held on 5 March 2024
- The prospectus published by Svitzer A/S on 22 March 2024
- An information brochure in Danish, which contains an introduction to Svitzer’s business, a Q&A, and a description of the demerger and the delivery of shares.
ENDS
About Svitzer
As a leading, global towage and marine services provider, Svitzer’s core business is to assist large seaborne vessels in manoeuvring in and out of ports and terminals to berth and unberth. With more than 450 vessels, Svitzer’s services play a crucial role as part of critical port infrastructure. Svitzer was founded in 1833 and serves approximately 2,000 customers in more than 140 ports and 40 terminals across 37 countries. Read more on www.svitzer.com.
For further information, please contact:
Anders Crillesen, Global Head of Communications
T: +45 27791286
E: anders.crillesen@svitzer.com
Important Information
This announcement does not constitute a prospectus or an offering memorandum and nothing herein contains an offering of securities in Svitzer, Svitzer Group or APMM. This announcement is not intended for distribution or release, directly or indirectly, in or into any jurisdiction where publication, distribution or release would be unlawful.
This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by Svitzer, Svitzer Group or APMM nor shall it or any part of it nor the fact of its distribution or communication form the basis of, or be relied on in connection with, any contract, commitment or investment decision in relation thereto.
This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of Svitzer Group have not been and will not be registered under the U.S. Securities Act of 1933, as amended.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and that can be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, “continue”, “should”, and similar expressions. The forward-looking statements in this announcement are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although each of Svitzer, Svitzer Group and APMM believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained herein speak only as at its date and are subject to change without notice.
