Company Announcement No. 504
On 30 April 2013, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 494 of 30 April 2013. According to the programme DSV A/S will in the period from 30 April to 2 July 2013 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.22% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buy-back programme every 7th trading day.
| Trading day |
Number of shares bought back | Average transaction price |
Amount DKK |
| Accumulated for trading days 1-28 | 2,077,846 | 138.62 | 288,023,074 |
| 29: 13 June 2013 | 65,000 | 135.29 | 8,793,571 |
| 30: 14 June 2013 | 57,698 | 136.80 | 7,892,781 |
| 31: 17 June 2013 | 47,370 | 137.22 | 6,499,851 |
| 32: 18 June 2013 | 72,854 | 138.13 | 10,062,944 |
| 33: 19 June 2013 | 29,974 | 138.10 | 4,139,418 |
| 34: 20 June 2013 | 89,563 | 135.56 | 12,140,981 |
| 35: 21 June 2013 | 60,268 | 135.56 | 8,169,846 |
| Accumulated for trading days 1-35 | 2,500,573 | 138.26 | 345,722,466 |
DSV A/S' accumulated share buy-backs in the period from 30 April 2013 to 21 June 2013 thus total 2,500,573 shares at a total purchase sum of DKK 345.7 million.
As at today, DSV A/S holds a total of 3,289,184 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.83% of the total number of issued shares of 180,000,000.
The latest announcement dated 12 June 2013 stated that DSV A/S held 1.59% of the Company's share capital.
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations Director, tel. +45 43 20 30 40.
Yours sincerely,
DSV A/S