DSV A/S
Changes in company's own shares
DSV, 474 - Conclusion of share buy-back programme in DSV A/S
Company Announcement No. 474
On 31 July 2012, DSV A/S initiated the previously announced share buy-back
programme, cf. company announcement No. 463 of 31 July 2012. According to the
programme DSV A/S has in the period from 31 July to 16 October 2012 purchased
own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000
shares, corresponding to maximum 1.60% of the current share capital of DSV A/S.
The programme was implemented in accordance with the 'Safe Harbour' provisions
of EU Regulation No. 2273/2003 of 22 December 2003.
Trading day Number of shares Average transaction Amount DKK
bought back price
Accumulated for trading 2,143,875 130.12 278,969,100
days 1-49
50: 8 October 2012 40,000 128.31 5,132,340
51: 9 October 2012 27,500 127.13 3,496,001
52: 10 October 2012 25,498 126.52 3,226,007
53: 11 October 2012 17,848 126.65 2,260,485
54: 12 October 2012 20,000 126.35 2,526,900
55: 15 October 2012 8,674 125.36 1,087,355
56: 16 October 2012 26,379 125.16 3,301,588
--------------------------------------------------------------------------------
Accumulated for trading 2,309,774 129.88 299,999,776
days 1-56
--------------------------------------------------------------------------------
DSV's accumulated share buy-backs in the period from 31 July 2012 to 16 October
2012 thus total 2,309,774 shares at a total purchase sum of DKK 300 million.
The share buy-back programme announced has now been concluded and the shares
bought back will be used partly to hedge the Group's incentive programme. At
DSV's general meeting it will be proposed that shares not used for hedging of
the incentive programme will be cancelled.
As at today, DSV A/S holds a total of 7,877,552 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 4.19% of the total number of issued shares
of 188,000,000.
The latest announcement dated 5 October 2012 stated that DSV A/S held 4.10% of
the Company's share capital.
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations
Manager, tel. +45 43 20 30 40.
Yours sincerely,
DSV
Flemming Ole Nielsen
Investor Relations Manager
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=525505&messageId=646239
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=406465