Company Announcement No. 373
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 1-56 | 3,637,257 | 116.86 | 425,035,606 |
| 57: 19 January 2011 | 177,200 | 120.22 | 21,302,506 |
| 58: 20 January 2011 | 199,171 | 118.39 | 23,579,855 |
| 59: 21 January 2011 | 198,000 | 115.65 | 22,898,700 |
| 60: 24 January 2011 | 209,808 | 114.20 | 23,960,074 |
| 61: 25 January 2011 | 152,499 | 114.87 | 17,517,560 |
| 62: 26 January 2011 | 5,000 | 116.00 | 580,000 |
| 63: 27 January 2011 | 68,555 | 116.62 | 7,994,672 |
| Accumulated for trading 1-63 | 4,647,490 | 116.81 | 542,868,971 |
DSV’s accumulated share buy-backs in the period from 29 October 2010 to 27 January 2011 thus total 4,647,490 numbers of shares at a total purchase sum of 542.9 DKK million.
As of today DSV A/S now holds a total of 4,630,517 shares of a nominal DKK 1 in DSV A/S corresponding to 2.21% of the total number of issued shares of 209,150,000.
The last announcement dated 18 January 2011 stated that DSV A/S held 1.75% 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