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DSV, 812 - SHARE BUYBACK IN DSV PANALPINA A/S

January 20, 2020 at 6:03 AM EST

Company Announcement No. 812

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 1-402,173,961 747.92 1,625,944,354
41:13 January 2020 51,830 755.03 39,133,402
42:14 January 2020 50,000 754.32 37,716,080
43:15 January 2020 35,000 761.61 26,656,511
44:16 January 2020 30,000 768.54 23,056,062
45:17 January 2020 63,170 777.43 49,110,063
Accumulated trading for days 1-452,403,961 749.44 1,801,616,472

As at today, DSV Panalpina A/S holds a total of 6,659,285 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 2.83% 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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