Company Announcement No. 418
On 26 October 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 417 of 26 October 2011. According to the programme DSV will in the period to 23 January 2012 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 5,000,000 shares, corresponding to 2.45% 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 |
| 1: 26 October 2011 | 64,000 | 108.98 | 6,974,720 |
| 2: 27 October 2011 | 65,000 | 110.02 | 7,151,105 |
| 3: 28 October 2011 | 45,178 | 110.13 | 4,975,227 |
| 4: 31 October 2011 | 85,000 | 108.95 | 9,260,580 |
| 5: 1 November 2011 | 133,430 | 103.28 | 13,780,384 |
| 6: 2 November 2011 | 38,395 | 102.49 | 3,934,988 |
| 7: 3 November 2011 | - | - | - |
| Accumulated for trading 1-7 | 431,003 | 106.91 | 46,077,004 |
DSV’s accumulated share buy-backs in the period from 26 October 2011 to 3 November 2011 thus total 431,003 numbers of shares at a total purchase sum of DKK 46.1 million.
As of today, DSV A/S now holds a total of 15,934,668 shares of a nominal DKK 1 in DSV A/S corresponding to 7.81% of the total number of issued shares of 204,000,000.
The last announcement dated 26 October 2011 stated that DSV A/S held 7.60% 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