STOCK EXCHANGE ANNOUNCEMENT NO. 299
Share buy-back in DSV A/S
On 29 April 2008, DSV initiated the published share buy-back programme, cf.
stock exchange announcement no. 295 of 29 April 2008. According to the
programme DSV will in the period to 31 July 2008 purchase own shares up to an
amount of DKK 300 million, but with a maximum of 3,299,073 shares. 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 1-7 321,700 118.96 38,269,455
8: 9 May 2008 45,000 121.01 5,445,450
9: 13 May 2008 35,000 122.49 4,287,150
10: 14 May 2008 40,000 122.22 4,888,800
11: 15 May 2008 45,000 123.28 5,547,600
12: 16 May 2008 45,000 125.10 5,629,500
13: 19 May 2008 41,000 125.00 5,125,000
14: 20 May 2008 100,000 122.00 12,200,000
Accumulated for trading day 1-14 672,700 120.99 81,392,955
DSV's accumulated share buy-backs in the period from 29 April 2008 to 20 May
2008 thus total 672,700 numbers of shares at a total purchase sum of 81.4 DKK
million.
As a result of the above transactions, DSV A/S now holds a total of 17,523,627
shares of a nominal DKK 1 in DSV A/S corresponding to 8.7% of the total number
of issued shares of 201,500,000,
The last announcement dated 9 May 2008 stated that DSV A/S held 8.52% 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
