DSV, 545 - Share buy-back in DSV A/S

26.05.2014

 

Company Announcement No. 545

On 6 May 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 542 of 30 April 2014. According  to the programme DSV A/S will in the period from 6 May to 29 July 2014 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.26% 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 1-7  155,000  177.55  27,519,800
 8: 15 May 2014  20,000  177.16  3,543,200
 9: 19 May 2014  60,000  174.70  10,482,000
10: 20 May 2014  50,000  174.80  8,740,000
11: 21 May 2014  50,000  175.85  8,792,500
12: 22 May 2014  40,000  177.46  7,098,400
13: 23 May 2014  50,000  177.77  8,888,500
14: 26 May 2014 29,341 179.25 5,259,374
Accumulated for trading days 1-14 454,341 176.79 80,323,774


As at today, DSV A/S holds a total of 2,569,536 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.45% 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