Share buy-back In DSV A/S
Company Announcement No. 408
On 28 July 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 404 of 28 July 2011. According to the programme DSV will in the period to 13 October 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 1-14 | 2,115,955 | 109.98 | 232,719,442 |
| 15: 17 August 2011 | 165,585 | 106.78 | 17,681,613 |
| 16: 18 August 2011 | 325,000 | 101.73 | 33,062,088 |
| 17: 19 August 2011 | 125,500 | 97.67 | 12,257,334 |
| 18: 22 August 2011 | 73,277 | 100.03 | 7,330,213 |
| 19: 23 August 2011 | 313,500 | 100.12 | 31,388,310 |
| 20: 24 August 2011 | 86,610 | 99.40 | 8,609,285 |
| 21: 25 August 2011 | 176,492 | 102.04 | 18,009,420 |
| Accumulated for trading 1-21 | 3,381,919 | 106.76 | 361,057,705 |
DSV’s accumulated share buy-backs in the period from 28 July 2011 to 25 August 2011 thus total 3,381,919 numbers of shares at a total purchase sum of 361.1 DKK million.
As of today, DSV A/S now holds a total of 12,157,713 shares of a nominal DKK 1 in DSV A/S corresponding to 5.96% of the total number of issued shares of 204,000,000.
The last announcement dated 16 August 2011 stated that DSV A/S held 5.34% 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