19 November 2007 - 08:23
Share buyback in Danisco A/S
On 20 June 2007 the Board of Directors of Danisco decided to launch a share buyback programme under which Danisco will buy back treasury shares for an amount of up to DKK 500,000,000 in the period from 3 July 2007 to 14 December 2007.
Notice no.37/2007
The programme is structured according to the provisions of the EU Commission's regulation no. 2273/2003 of 22 December 2003, also referred to as the 'safe harbour method'.
Since our Notice no. 12/2007 of 9 July 2007, the following transactions have been made under the programme:
|
Number of shares |
Average purchase price in DKK |
Transaction value in DKK |
| Accumulated at latest Notice |
1,037,500 |
405.38 |
420,584,950 |
| 12 November 2007 |
15,000 |
382.95 |
5,744,250 |
| 13 November 2007 |
- |
- |
- |
| 14 November 2007 |
- |
- |
- |
| 15 November 2007 |
27,000 |
385.35 |
10,404,450 |
| 16 November 2007 |
8,000 |
387.52 |
3,100,160 |
| Accumulated volume under programme |
1,087,500 |
404.44 |
439,833,810 |
With the buyback of shares as stated above, Danisco owns a total of 1,279,077 treasury shares of a nominal value of DKK 20 each, corresponding to 2.61% of the total number of 48,941,495 issued shares.
An amount of DKK 60,166,190 remains to be used under the programme.
Yours faithfully
Tom Knutzen CEO
For further information, please contact:
Investor Relations, tel.: +45 3266 2912, e-mail: investor@danisco.com Media Relations, tel.: +45 3266 2913, e-mail: info@danisco.com
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