A.P. Moller - Maersk Chief Executive Søren Skou has added DKK 16.8m (USD 2.4m) to his private fortune after taking advantage of a share purchase option used for subsequent divestment, according to an insider announcement.

Skou, who retires as CEO of Maersk at the turn of the year to be replaced by Vincent Clerc, made the transactions at the end of last and the beginning of this week.

The first transactions on Thursday entailed utilization of an option to buy respectively 1,347 and 149 shares for approx. DKK 14.4m and DKK 1.4m. Shares were then divested again at market price, totaling DKK 22m.

On Friday, Skou took similar action, acquiring 1,000 shares for DKK 9.4m only to sell the holding again for DKK 14.6m.

And on Monday, the departing top exec took in 1,000 shares for a price of DKK 9.4m for a subsequent divestment totaling DKK 14.9m.

English edit: Kristoffer Grønbæk

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