Share buy-back IN DSV A/S
Company Announcement No. 369
On 29 October 2010, DSV initiated the published share buy-back programme, cf. company announcement no. 361 of 29 October 2010. According to the programme DSV will in the period to 16 February 2011 purchase own shares up to a maximum value of DKK 600,000,000 and no more than 6,000,000 shares. 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 |
| Accumulated for trading day 1-28 | 1,835,700 | 113.89 | 209,066,915 |
| 29: 8 December 2010 | 30,000 | 120.17 | 3,605,100 |
| 30: 9 December 2010 | 50,000 | 118.90 | 5,944,880 |
| 31: 10 December 2010 | 30,000 | 118.86 | 3,565,800 |
| 32: 13 December 2010 | 41,000 | 119.88 | 4,915,080 |
| 33: 14 December 2010 | 58,173 | 119.19 | 6,933,640 |
| 34: 15 December 2010 | 67,500 | 117.90 | 7,958,250 |
| 35: 16 December 2010 | 142,100 | 116.82 | 16,599,681 |
| Accumulated for trading 1-35 |
DSV's accumulated share buy-backs in the period from 29 October 2010 to 16 December 2010 thus total 2,254,473 numbers of shares at a total purchase sum of 258.6 DKK million.
As of today DSV A/S now holds a total of 2,380,700 shares of a nominal DKK 1 in DSV A/S corresponding to 1.14% of the total number of issued shares of 209,150,000.
The last announcement dated 7 December 2010 stated that DSV A/S held 0.95% 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