Company Announcement No. 528
On 18 February 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 526 of 6 February 2014. According to the programme DSV A/S will in the period from 18 February to 29 April 2014 purchase own shares up to a maximum value of DKK 200,000,000 and no more than 2,000,000 shares, corresponding to 1.11% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buy-back programme every 7th trading day.
| Trading day | Number of shares bought back | Average transaction price |
Amount DKK |
| 1: 18 February 2014 | 52,870 | 167.79 | 8,870,772 |
| 2: 19 February 2014 | 21,783 | 168.32 | 3,666,571 |
| 3: 20 February 2014 | 34,610 | 168.18 | 5,820,561 |
| 4: 21 February 2014 | 25,000 | 171.63 | 4,290,828 |
| 5: 24 February 2014 | 25,000 | 172.35 | 4,308,618 |
| 6: 25 February 2014 | 25,000 | 172.22 | 4,305,403 |
| 7: 26 February 2014 | 22,030 | 171.08 | 3,768,857 |
| Accumulated for trading days 1-7 | 206,293 | 169.82 | 35,031,609 |
DSV A/S' accumulated share buy-backs in the period from 18 February 2014 to 26 February 2014 amount to 206,293 shares at a total purchase sum of DKK 35.0 million.
As at today, DSV A/S holds a total of 4,975,118 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.76% of the total number of issued shares of 180,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations Director, tel. +45 43 20 30 40.
Yours sincerely,
DSV A/S