PresseBox
Pressemitteilung BoxID: 433466 (DSV Air & Sea GmbH)
  • DSV Air & Sea GmbH
  • Schlachte 15-18
  • 28195 Bremen
  • http://www.dsv.com/de
  • Ansprechpartner
  • Jens H. Lund
  • +45 432030-40

DSV, 399 - Share buy-back in DSV A/S

Company Announcement No. 399

(PresseBox) (Bremen, ) On 29 April 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 388 of 29 April 2011. According to the programme DSV will in the period to 21 July 2011 purchase own shares up to a maximum value of DKK 700,000,000 and no more than 7,000,000 shares, corresponding to 3.43% 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.

DSV's accumulated share buy-backs in the period from 29 April 2011 to 1 July 2011 thus total 4,255,533 numbers of shares at a total purchase sum of 535.3 DKK million.

As of today, DSV A/S now holds a total of 7,434,422 shares of a nominal DKK 1 in DSV A/S corresponding to 3.64% of the total number of issued shares of 204,000,000.

The last announcement dated 22 June 2011 stated that DSV A/S held 3.22% of the company's share capital.