DSV Company Announcement No. 577
On 6 November 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 569 of 29 October 2014. According to the programme DSV A/S will in the period from 6 November 2014 to 29 January 2015 purchase own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000 shares, corresponding to 1.69% 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 1-35 | 970,000 | 183.94 | 178,425,450 |
| 36: 30 December 2014 | 20,000 | 188.51 | 3,770,200 |
| 37: 2 January 2015 | 25,000 | 189.91 | 4,747,750 |
| 38: 5 January 2015 | 32,000 | 190.24 | 6,087,680 |
| 39: 6 January 2015 | 23,000 | 187.51 | 4,312,730 |
| 40: 7 January 2015 | 28,000 | 188.12 | 5,267,360 |
| 41: 8 January 2015 | 29,000 | 192.42 | 5,580,180 |
| 42: 9 January 2015 | 6,000 | 193.16 | 1,158,960 |
| Accumulated for trading days 1-42 | 1,133,000 | 184.78 | 209,350,310 |
As at today, DSV A/S holds a total of 7,249,097 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 4.10% of the total number of issued shares of 177,000,000.
Proposals from the shareholders to be considered at the annual general meeting on 12 March 2015 must be submitted in writing to the Board of Directors not later than on 28 January 2015.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S
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