On 30 July 2013, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 508 of 30 July 2013. According to the programme DSV A/S will in the period from 30 July to 24 October 2013 purchase own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000 shares, corresponding to 1.67% 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 1-14 | 482,111 | 147.74 | 71,226,474 |
15: 19 August 2013 | 18,616 | 148.42 | 2,762,998 |
16: 20 August 2013 | 66,248 | 146.97 | 9,736,389 |
17: 21 August 2013 | 56,539 | 146.92 | 8,306,580 |
18: 22 August 2013 | 32,080 | 147.69 | 4,737,924 |
19: 23 August 2013 | 24,919 | 148.16 | 3,691,944 |
20: 26 August 2013 | 16,000 | 147.82 | 2,365,173 |
21: 27 August 2013 | 68,000 | 146.44 | 9,957,709 |
Accumulated for trading days 1-21 | 764,513 | 147.53 | 112,785,191 |
DSV A/S' accumulated share buy-backs in the period from 30 July 2013 to 27 August 2013 amounted to 764,513 shares at a total purchase sum of DKK 112.8 million.
As at today, DSV A/S holds a total of 3,989,522 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.22% of the total number of issued shares of 180,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations Director, tel. +45 43 20 30 40.
Yours sincerely,
DSV A/S