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DSV - Global Transport and Logistics (Deutschland) Schlachte 15-18 28195 Bremen, Germany https://www.dsv.com/de-de
Contact Mr Jens H. Lund +45 43 20 30 40

DSV, 388 - Implementation of new share buy-back according to the Safe Harbour method

(PresseBox) (Bremen, )
The Supervisory Board of DSV has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 26 March 2010.

As at today, 29 April 2011, DSV holds 3,347,389 treasury shares of a nominal value of DKK 1 each, corresponding to 1.64% of DSV's share capital.

Purpose

The purpose of the share buy-back is to hedge the Group's incentive programme and to adjust the capital structure. At DSV's annual general meetings it will be proposed that shares which are not used for the hedge of the incentive programme will be cancelled.

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