Company Announcement No. 400
On 29 April 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 388 of 29 April 2011. According to the programme DSV will in the period to 21 July 2011 purchase own shares up to a maximum value of DKK 700,000,000 and no more than 7,000,000 shares, corresponding to 3.43% 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. DSV will therefore 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 1-42 | 4,255,533 | 125.80 | 535,332,495 |
| 43: 4 July 2011 | 150,000 | 124.75 | 18,712,995 |
| 44: 5 July 2011 | 50,000 | 124.97 | 6,248,500 |
| 45: 6 July 2011 | 106,779 | 124.99 | 13,346,307 |
| 46: 7 July 2011 | 105,961 | 124.78 | 13,221,898 |
| 47: 8 July 2011 | 147,473 | 124.66 | 18,383,719 |
| 48: 11 July 2011 | 179,000 | 122.51 | 21,929,630 |
| 49: 12 July 2011 | 75,000 | 118.97 | 8,922,750 |
| Accumulated for trading 1-49 | 5,069,746 | 125.47 | 636,098,294 |
DSV’s accumulated share buy-backs in the period from 29 April 2011 to 12 July 2011 thus total 5,069,746 numbers of shares at a total purchase sum of 636.1 DKK million.
As of today, DSV A/S now holds a total of 8,243,635 shares of a nominal DKK 1 in DSV A/S corresponding to 4.04% of the total number of issued shares of 204,000,000.
The last announcement dated 1 July 2011 stated that DSV A/S held 3.64% 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