The Danish ro-ro group said CEO Niels Smedegaard exercised options for 10,000 shares at DKK 334.40 and then sold them at DKK 537 each for a total of DKK 5.37m ($900,000).

This represents a quick profit of DKK 2.03m.

CFO Torben Carlsen exercised options for 15,750 shares but sold only 8,900 for DKK 4.78m.

The company posted pre-tax profit for the third quarter of DKK 351m, one fifth more than a year ago.

Revenue