Company Announcement No. 535
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 |
| Accumulated for trading days 1-14 | 390,979 | 170.41 | 66,627,994 |
| 15: 10 March 2014 | 38,402 | 171.26 | 6,576,661 |
| 16: 11 March 2014 | 23,307 | 171.04 | 3,986,434 |
| 17: 12 March 2014 | 65,000 | 169.68 | 11,029,376 |
| 18: 13 March 2014 | 65,950 | 168.52 | 11,114,125 |
| 19: 14 March 2014 | 65,159 | 166.16 | 10,826,982 |
| 20: 17 March 2014 | 30,000 | 166.67 | 5,000,034 |
| 21: 18 March 2014 | 35,000 | 166.55 | 5,829,310 |
| Accumulated for trading days 1-21 | 713,797 | 169.50 | 120,990,915 |
DSV A/S' accumulated share buy-backs in the period from 18 February 2014 to 18 March 2014 amount to 713,797 shares at a total purchase sum of DKK 121.0 million.
As at today, DSV A/S holds a total of 5,438,122 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.02% 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