DSV A/S
DSV, 428 – Conclusion of share buy-back programme in DSV A/S
DSV A/S 23.01.2012 19:53 --------------------------------------------------------------------------- Company Announcement No. 428 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 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 bought back price DKK Accumulated for trading 3,345,024 104.72 350,275,7 day 1-56 35 57: 13 January 2012 75,000 111.76 8,382,075 58: 16 January 2012 43,836 111.25 4,876,580 59: 17 January 2012 43,694 114.50 5,002,876 60: 18 January 2012 108,931 115.25 12,554,73 4 61: 19 January 2012 80,000 117.18 9,374,400 62: 20 January 2012 48,000 116.23 5,579,040 63: 23 January 2012 34,000 116.11 3,947,774 -------------------------------------------------------------------------------- Accumulated for trading 3,778,485 105.86 399,993,2 1-63 14 -------------------------------------------------------------------------------- DSV's accumulated share buy-backs in the period from 26 October 2011 to 23 January 2012 thus total 3,778,485 numbers of shares at a total purchase sum of DKK 400 million. The published share buy-back programme has now been concluded and the shares bought back will partly be used to hedge the Group's incentive programme. At DSV's annual general meeting it will be proposed that shares which are not used for the hedge of the incentive programme will be cancelled. As of today, DSV A/S now holds a total of 5,198,650 shares with a face value of DKK 1 in DSV A/S corresponding to 2.74% of the total number of issued shares of 190,000,000. The last announcement dated 12 January 2012 stated that DSV A/S held 2.53% 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 News Source: NASDAQ OMX 23.01.2012 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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