London, United Kingdom (PressExposure) August 14, 2008 -- The Annual General Meeting of DSV decided on 30 April 2008, at the recommendation of the Supervisory Board, to reduce the share capital by a nominal amount of DKK 11,350,000 through the cancellation of 11,350,000 treasury shares.
The notification of the capital reduction was published through the information system of the Danish Commerce and Companies Agency on 30 April 2008.
By the end of the statutory 3-month period on 30 July 2008, no claims had been made that had to be satisfied or required the provision of security. Accordingly, the reduction of the share capital will be completed.
Subsequently, the share capital of DSV will have a nominal value of DKK 190,150,000, corresponding to 190,150,000 shares with a face value of DKK 1.
Following the above capital reduction, DSV now owns a total of 7,277,927 shares in DSV A/S with a face value of DKK 1, corresponding to 3.83% of the total number of shares issued.
The latest announcement was made on 23 June 2008 when DSV A/S held 9.24% of the Company's shares.
NOTES TO EDITORS: DSV is a global supplier of transport and logistics solutions. DSV in the UK offers a comprehensive range of services under the brands DSV Road, DSV Air & Sea and DSV Solutions. In the UK, DSV employs over 1500 staff in more than 25 locations. Globally DSV employs more than 19,000 staff in over 500 locations in more than 50 countries. DSV in the UK is a subsidiary of DSV Holding, which maintains a corporate head office in Copenhagen. DSV is listed on the Copenhagen Stock Exchange, Denmark, and included in the OMXC20 index as one of the 20 most actively traded shares. For more information, please visit: http://www.dsv.com/uk