DSV A/S
DSV, 421 – Share buy-back and reduction of share capital in DSV A/S
DSV A/S 23.11.2011 19:00 --------------------------------------------------------------------------- Company Announcement No. 421 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 Average transaction Amount bought back price DKK Accumulated for trading 900,307 106.54 95,921,67 day 1-14 1 15: 15 November 2011 50,000 106.19 5,309,550 16: 16 November 2011 73,109 106.36 7,775,595 17: 17 November 2011 45,000 107.02 4,815,990 18: 18 November 2011 85,989 106.72 9,176,342 19: 21 November 2011 90,000 102.99 9,268,920 20: 22 November 2011 70,000 102.53 7,177,030 21: 23 November 2011 65,000 102.13 6,638,385 -------------------------------------------------------------------------------- Accumulated for 1,379,405 105.90 146,083,4 trading 1-21 84 -------------------------------------------------------------------------------- DSV's accumulated share buy-backs in the period from 26 October 2011 to 23 November 2011 thus total 1,379,405 numbers of shares at a total purchase sum of DKK 146.1 million. As of today, DSV A/S now holds a total of 2,871,570 shares of a nominal DKK 1 in DSV A/S corresponding to 1.51% of the total number of issued shares of 190,000,000. Reduction of the share capital by a nominal amount of DKK 14,000,000 through cancellation of 14,000,000 treasury shares was completed on 22 April 2011. The last announcement dated 14 November 2011 stated that DSV A/S held 8.04% of the company's share capital, which at that time amounted to 204,000,000 number of issued shares. 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 News Source: NASDAQ OMX 23.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DSV A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010262914 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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