Company Announcement No. 379
On 24 February 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 377 of 24 February 2011. According to the programme DSV will in the period to 28 April 2011 purchase own shares up to a maximum value of DKK 500,000,000 and no more than 6,000,000 shares, corresponding to 2.87% of the present share capital of DSV A/S. The program is implemented in accordance with the “Safe Harbour” provisions of EU regulation no. 2273/2003 of 22 December 2003. Therefore, DSV will publish the accumulated buy-backs under the programme every 7th trading day.
| Trading day |
Number of shares bought back | Average transaction price | Amount DKK |
| 1: 24 February 2011 | 111,698 | 117.07 | 13,076,485 |
| 2: 25 February 2011 | 98,302 | 120.42 | 11,837,527 |
| 3: 28 February 2011 | 95,594 | 123.29 | 11,785,784 |
| 4: 1 March 2011 | 184,406 | 123.59 | 22,790,738 |
| 5: 2 March 2011 | 22,560 | 119.80 | 2,702,688 |
| 6: 3 March 2011 | 70,036 | 123.66 | 8,660,652 |
| 7: 4 March 2011 | 113,592 | 125.16 | 14,217,175 |
| Accumulated for trading 1-7 | 696,188 | 122.20 | 85,071,048 |
DSV’s accumulated share buy-backs in the period from 24 February 2011 to 4 March 2011 thus total 696,188 numbers of shares at a total purchase sum of 85,1 DKK million.
As of today, DSV A/S now holds a total of 5,597,749 shares of a nominal DKK 1 in DSV A/S corresponding to 2.68% of the total number of issued shares of 209,150,000.
The last announcement dated 24 February 2011 stated that DSV A/S held 2.41% of the company’s share capital.
Any questions may be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.
Yours sincerely,
DSV
Jens Bjørn Andersen Jens H. Lund
CEO CFO