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.41/2007
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
1,219,500
401.17
489,221,555
10 December 2007
5,000
384.57
1,922,850
11 December 2007
10,000
378.45
3,784,500
12 December 2007
3,000
376.81
1,130,430
13 December 2007
6,000
368.65
2,211,900
14 December 2007
4,700
369.29
1,735,663
Accumulated volume under programme
1,248,200
400.58
500,006,898
With the buyback of shares as stated above, Danisco owns a total of 1,439,777 treasury shares of a nominal value of DKK 20 each, corresponding to 2.94% of the total number of 48,941,495 issued shares.
The share buyback programme of 20 June 2007 has now been completed.