On 6 November 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 569 of 29 October 2014. According to the programme DSV A/S will in the period from 6 November 2014 to 29 January 2015 purchase own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000 shares, corresponding to 1.69% 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 November 2014 | 40,000 | 179.89 | 7,195,600 |
| 2: 7 November 2014 | 40,000 | 179.89 | 7,195,600 |
| 3: 10 November 2014 | 37,000 | 179.91 | 6,656,670 |
| 4: 11 November 2014 | 33,000 | 180.79 | 5,966,070 |
| 5: 12 November 2014 | 43,000 | 180.20 | 7,748,600 |
| 6: 13 November 2014 | 30,000 | 180.54 | 5,416,200 |
| 7: 14 November 2014 | 37,000 | 180.12 | 6,664,440 |
| Accumulated for trading days 1-7 | 260,000 | 180.17 | 46,843,180 |
As at today, DSV A/S holds a total of 6,651,597 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.76% 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