Company Announcement No. 536
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 1-21 | 713,797 | 169.50 | 120,990,915 |
| 22: 19 March 2014 | 55,000 | 164.39 | 9,041,599 |
| 23: 20 March 2014 | 30,000 | 161.97 | 4,859,106 |
| 24: 21 March 2014 | 26,327 | 162.04 | 4,265,901 |
| 25: 24 March 2014 | 22,120 | 161.33 | 3,568,686 |
| 26: 25 March 2014 | 30,000 | 163.62 | 4,908,711 |
| 27: 26 March 2014 | 9,497 | 167.24 | 1,588,286 |
| 28: 27 March 2014 | 15,000 | 169.04 | 2,535,584 |
| Accumulated for trading days 1-28 | 901,741 | 168.30 | 151,758,787 |
DSV A/S' accumulated share buy-backs in the period from 18 February 2014 to 27 March 2014 amount to 901,741 shares at a total purchase sum of DKK151.8 million.
As at today, DSV A/S holds a total of 5,598,066 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.11% 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