Company Announcement No. 423
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 share capital of DSV A/S at the day of announcement. 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 1-21 | 1,379,405 | 105.90 | 146,083,484 |
| 22: 24 November 2011 | 55,000 | 101.12 | 5,561,765 |
| 23: 25 November 2011 | 46,500 | 99.22 | 4,613,730 |
| 24: 28 November 2011 | 47,049 | 102.67 | 4,830,427 |
| 25: 29 November 2011 | 30,000 | 104.01 | 3,120,210 |
| 26: 30 November 2011 | 33,260 | 106.03 | 3,526,458 |
| 27: 1 December 2011 | 45,000 | 106.59 | 4,796,550 |
| 28: 2 December 2011 | 64,500 | 107.28 | 6,919,431 |
| Accumulated for trading 1-28 | 1,700,714 | 105.52 | 179,452,054 |
DSV’s accumulated share buy-backs in the period from 26 October 2011 to 2 December 2011 thus total 1,700,714 numbers of shares at a total purchase sum of DKK 179.5 million.
As of today, DSV A/S now holds a total of 3,192,879 shares with a face value of DKK 1 in DSV A/S corresponding to 1.68% of the total number of issued shares of 190,000,000.
The last announcement dated 24 November 2011 stated that DSV A/S held 1.51% 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