Company Announcement No. 603
On 30 April 2015, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 594 of 30 April 2015. According to the programme DSV A/S will in the period from 30 April to 23 July 2015 purchase own shares up to a maximum value of DKK 500,000,000 and no more than 3,000,000 shares, corresponding to 1.71% 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 1-42 | 1,768,500 | 228.02 | 403,248,850 |
| 43: 6 July 2015 | 30,000 | 216.74 | 6,502,299 |
| 44: 7 July 2015 | 30,000 | 216.47 | 6,494,088 |
| 45: 8 July 2015 | 30,000 | 217.97 | 6,539,226 |
| 46: 9 July 2015 | 20,000 | 222.15 | 4,442,946 |
| 47: 10 July 2015 | 25,000 | 225.70 | 5,642,480 |
| 48: 13 July 2015 | 30,000 | 229.41 | 6,882,417 |
| 49: 14 July 2015 | 16,000 | 231.23 | 3,699,680 |
| Accumulated for trading days 1-49 | 1,949,500 | 227.47 | 443,451,986 |
As at today, DSV A/S holds a total of 6,883,699 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.93% of the total number of issued shares of 175,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S