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DFDS’ 150th anniversary gift: Employees become shareholders

Ferry Operator DFDS has today announced that it will give every one of its more than 7,000 employees shares in DFDS as a 150th anniversary gift. All staff who are employed by the company as of 1 December 2016, and who work at least 24 hours a week, will receive 30 shares valued at around DKK 10,000 (€1,300 as of 16 December). Employees on fewer hours will receive shares proportional to the hours worked.

“Very few companies are in a position of being able to celebrate their 150th anniversary, and even fewer are able to do so in a year when the company is heading for possibly the best result in its history,” says DFDS CEO Niels Smedegaard. “We have therefore wanted to combine the celebration of our foundation and our founders with a celebration of, and thanks to, our many employees who every day help to ensure that DFDS can continue contributing to trade, travel and growth also in the future.”

The shares are tied up for a three-year period, after which they can be freely redeemed by the employees, who now become co-owners in the company.

The total allocation amounts to more than DKK 70 million (€9.4million)

All DFDS employees today celebrated the foundation of the company 150 years ago with events on all the company’s vessels and locations throughout Europe.

 

Posted on 16/12/2016