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.40/2007
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
1,182,500
401.74
475,061,255
3 December 2007
6,000
378.23
2,269,380
4 December 2007
10,000
378.33
3,783,300
5 December 2007
4,000
382.10
1,528,400
6 December 2007
11,000
386.18
4,247,980
7 December 2007
6,000
388.54
2,331,240
Accumulated volume under programme
1,219,500
401.17
489,221,555
With the buyback of shares as stated above, Danisco owns a total of 1,411,077 treasury shares of a nominal value of DKK 20 each, corresponding to 2.88% of the total number of 48,941,495 issued shares.
An amount of DKK 10,778,445 remains to be used under the programme.