DSV, 370 - Share buy-back in DSV A/S

28.12.2010

 

Company Announcement No. 370
 

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 1-35 2,254,473 114.70 258,589,346
36: 17 December 2010 40,000 118.62 4,744,800
37: 20 December 2010 78,402 118.03 9,253,788
38:  21 December 2010 15,194 118.70 1,803,528
39: 22 December 2010 123,500 120.16 14,839,846
40: 23 December 2010 21,200 120.84 2,561,840
41: 27 December 2010 10,000 120.70 1,207,000
42: 28 December 2010 5,000 121.00 605,000
Accumulated for trading 1-42 2,547,769 115.24 293,605,148

DSV’s accumulated share buy-backs in the period from 29 October 2010 to 28 December 2010 thus total 2,547,769 numbers of shares at a total purchase sum of 293.6 DKK million.

As of today DSV A/S now holds a total of 2,650,996 shares of a nominal DKK 1 in DSV A/S corresponding to 1.27% of the total number of issued shares of 209,150,000. 

The last announcement dated 16 December 2010 stated that DSV A/S held 1.14% 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