Company Announcement No. 420
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 |
| Accumulated for trading day 1-7 | 431,003 | 106.91 | 46,077,004 |
| 8: 4 November 2011 | 90,268 | 107.05 | 9,663,460 |
| 9: 7 November 2011 | 44,799 | 107.41 | 4,811,950 |
| 10: 8 November 2011 | 49,497 | 108.22 | 5,356,763 |
| 11: 9 November 2011 | 118,293 | 105.51 | 12,480,740 |
| 12: 10 November 2011 | 75,000 | 103.60 | 7,770,300 |
| 13: 11 November 2011 | 36,447 | 106.13 | 3,868,204 |
| 14: 14 November 2011 | 55,000 | 107.15 | 5,893,250 |
| Accumulated for trading 1-14 | 900,307 | 106.54 | 95,921,671 |
DSV’s accumulated share buy-backs in the period from 26 October 2011 to 14 November 2011 thus total 900,307 numbers of shares at a total purchase sum of DKK 95.9 million.
As of today, DSV A/S now holds a total of 16,397,472 shares of a nominal DKK 1 in DSV A/S corresponding to 8.04% of the total number of issued shares of 204,000,000.
The last announcement dated 3 November 2011 stated that DSV A/S held 7.81% 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