open/close

DSV, 796 - SHARE BUYBACK IN DSV PANALPINA A/S

October 21, 2019 at 4:52 AM EDT

Company Announcement No. 796

On 30 April 2019, we initiated a share buyback programme, as described in Company Announcement No. 745 of 30 April 2019. According to the programme, the company will in the period from 30 April 2019 to 8 November 2019 purchase own shares up to a maximum value of DKK 3,500,000,000 corresponding to 5.38% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.

Trading day Number of shares bought back Average transaction price Amount DKK
        
Accumulated trading for days 1-1144,745,000 631.26 2,995,333,440
115:14 October 2019 45,000 636.07 28,623,150
116:15 October 2019 32,000 643.16 20,581,120
117:16 October 2019 35,000 644.36 22,552,600
118:17 October 2019 35,000 644.86 22,570,100
119:18 October 2019 40,000 644.63 25,785,200
Accumulated trading for days 1-1194,932,000 631.68 3,115,445,610

As at today, DSV Panalpina A/S holds a total of 10,504,574 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 4.35% of the total number of issued shares of 241,526,507.

The details of each transaction made under the share buyback programme are published on investor.dsv.com.

Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.

Yours sincerely,
DSV Panalpina A/S

                                     

Attachment