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DSV, 811 - SHARE BUYBACK IN DSV PANALPINA A/S

January 13, 2020 at 4:09 AM EST

Company Announcement No. 811

On 11 November 2019, we initiated a share buyback programme, as described in Company Announcement No. 800 of 1 November 2019. According to the programme, the company will in the period from 11 November 2019 to 6 February 2020 purchase own shares up to a maximum value of DKK 2,500,000,000 and no more than 6,000,000 shares, corresponding to 2.55% 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 1-351,932,929 747.17 1,444,229,340
36:6 January 2020 35,000 744.25 26,048,733
37:7 January 2020 50,588 756.69 38,279,489
38:8 January 2020 50,000 752.75 37,637,315
39:9 January 2020 67,261 757.85 50,973,635
40:10 January 2020 38,183 753.63 28,775,843
Accumulated trading for days 1-402,173,961 747.92 1,625,944,354

As at today, DSV Panalpina A/S holds a total of 6,439,785 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 2.74% of the total number of issued shares of 235,000,000.

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

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