STOCK EXCHANGE ANNOUNCEMENT NO. 285
Share buy-back in DSV A/S
On 1 November 2007, DSV initiated the published share buy-back programme, cf.
stock exchange announcement no. 266 of 31 October 2007. According to the
programme DSV will in the period to 29 February 2008 purchase own shares for an
amount of up to a maximum of DKK 400 million. The program is implemented in
accordance with the “Safe Harbour” provisions of EU regulation no. 2273/2003 of
22 December 2003. Therefore, DSV will publish the accumulated buy-backs under
the programme every 7th trading day.
Trading day
Number of shares bought back Average transaction price
Amount DKK
Accumulated for trading day 1-77 3,458,100 107.43 371,489,412
78: 25 February 2008 66,000 98.34 6,490,440
79: 26 February 2008 39,100 99.01 3,871,291
80: 27 February 2008 70,000 99.89 6,992,300
81: 28 February 2008 75,000 99.74 7,480,500
82: 29 February 2008 37,600 97.53 3,667,128
Accumulated for trading day 1-82 3,745,800 106.78 399,991,071
DSV's accumulated share buy-backs in the period from 1 November 2007 to 29
February 2008 thus total 3,745,800 numbers of shares at a total purchase sum of
400,0 DKK million. The published share buy-back programme has now been
concluded and the shares bought back will be proposed cancelled at the
company's Annual General Meeting.
As a result of the above transactions, DSV A/S now holds a total of 15,350,927
shares of a nominal DKK 1 in DSV A/S corresponding to 7.62% of the total number
of issued shares of 201,500,000.
The last announcement dated 25 February 2008 stated that DSV A/S held 7.48% of
the company's share capital.
Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.
Yours sincerely
DSV
Kurt K. Larsen Jens H. Lund
CEO CFO
