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

Company Announcement No. 811On 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...

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 1-35			1,932,929		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 1-40			2,173,961		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

Attachment

• 811 - Announcement (13.01.2020) - Sharebuyback