Company Announcement No. 544
On 6 May 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 542 of 30 April 2014. According to the programme DSV A/S will in the period from 6 May to 29 July 2014 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.26% 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: 6 May 2014 | 35,000 | 177.28 | 6,204,800 |
| 2: 7 May 2014 | 20,000 | 176.26 | 3,525,200 |
| 3: 8 May 2014 | 20,000 | 178.03 | 3,560,600 |
| 4: 9 May 2014 | 20,000 | 178.59 | 3,571,800 |
| 5: 12 May 2014 | 20,000 | 177.99 | 3,559,800 |
| 6: 13 May 2014 | 20,000 | 177.43 | 3,548,600 |
| 7: 14 May 2014 | 20,000 | 177.45 | 3,549,000 |
| Accumulated for trading days 1-7 | 155,000 | 177.55 | 27,519,800 |
As at today, DSV A/S holds a total of 2,489,195 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.41% of the total number of issued shares of 177,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S