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DSV, 571 - Share Buyback in DSV A/S

November 14, 2014 at 5:58 PM EST

 

 

 

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