Press release BoxID: 559756 (DSV Air & Sea GmbH)
  • DSV Air & Sea GmbH
  • Schlachte 15-18
  • 28195 Bremen
  • Contact person
  • Flemming Ole Nielsen
  • +45 (43) 2030-40

DSV, 481 - Share buy-back and major shareholder announcement - DSV A/S

(PresseBox) (Bremen, ) On 25 October 2012, DSV initiated the previously announced share buy-back programme, cf. company announcement No. 476 of 25 October 2012. According to the programme DSV will in the period from 25 October to 21 December 2012 purchase own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000 shares, corresponding to 1.60% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buy-back programme every 7th trading day.

DSV's accumulated share buy-backs in the period from 25 October 2012 to 3 December 2012 thus total 1,635,437 shares at a total purchase sum of DKK 215.0 million.

Pursuant to section 28, cf. section 29, of the Danish Securities Trading Act it is hereby also announced that DSV A/S holds 9,404,489 DSV shares, corresponding to 9,404,489 voting rights. The holding of shares corresponds to 5.00% of the entire share capital and voting rights of DSV A/S.

The latest announcement dated 22 November 2012 stated that DSV A/S held 4.89% of the Company's share capital.