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DSV, 575 - Share Buyback in DSV A/S

December 15, 2014 at 6:13 PM EST

 

 

Company Announcement No. 575

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
Accumulated for trading days 1-21  685,000  183.35  125,595,050
22:  5 December 2014  20,000  187.13  3,742,600
23:  8 December 2014  20,000  187.36  3,747,200
24:  9 December 2014  20,000  186.66  3,733,200
25: 10 December  2014  20,000  185.12  3,702,400
26: 11 December 2014  20,000  183.52  3,670,400
27: 12 December  2014  20,000  182.15  3,643,000
28: 15 December 2014  30,000  182.10  5,463,000
Accumulated for trading days 1-28  835,000  183.59  153,296,850

As at today, DSV A/S holds a total of 7,022,097 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.97% 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