Odfjell SE: Approval of Annual Accounts 2016 and recommendation of dividend

Odfjell SE announces that the Company's Board of Director has approved the 2016 annual accounts in line with the preliminary full year results as presented 15 February 2017.

Based on the Company's 2016 results, including the profit from the sale of the Oman terminal, the Board of Director recommends a dividend of NOK 1.50 per share. The dividend is subject to shareholders approval and will be voted on at the Company's Annual General Meeting, scheduled for 11 May 2017 in Bergen, Norway.