2020 stands out as one of the most difficult years in recent history for DFDS and our customers, and in particular for everyone of you working to keep things moving for our customers and handle the many challenges caused by Covid-19 and Brexit.
Therefore, in the live event today, Torben Carlsen announced that the Board has decided to award every DFDS employee 50 DFDS shares as a special recognition of your extraordinary work in 2020.
At today’s share price, the 50 shares have a value of about 1800 Euro.
You will receive the 50 shares or the value of 50 shares in December 2023 if you are still a DFDS employee at that time. The share price in December 2023 will determine the value of the 50 shares if you are employed in a country where the award will be paid in cash.
Shares or cash
To avoid the complications of receiving share awards in many countries, we have decided on a simple process.
This means that those of you who work in Denmark and in the UK will receive the reward as shares.
Those of you working in all other countries, will receive the value of the fifty shares as a cash payment.
You will hear more soon
You do not need to do anything now. The People Division will inform you about the reward in more detail during January and February. Please await this further information before you raise potential follow-up questions.
It has certainly been a tough year on everyone, and we hope that our Brexit preparations, Covid-19 measures and a vaccine will help bring everyone a much better 2021. Your continued effort, flexibility and support to DFDS is highly appreciated and from the bottom of our hearts, we wish you and your loved ones a very happy and relaxing holiday season.
The Board of Directors and the Executive Management Team