DSV, 992 - LAUNCH OF NEW SHARE BUYBACK PROGRAMME

Company Announcement No. 992The Board of Directors of DSV A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 17 March 2022. The authority is valid until 17 March 2027 and covers a maximum of 23,400,000 shares. Purpose The purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group's share-based incentive programmes. As announced in company announcement 991, an extraordinary general...

Hedehusene, 25/10/2022 (informazione.news - comunicati stampa - trasporti)

Company Announcement No. 992

The Board of Directors of DSV A/S has decided to exercise the authority to buy back shares granted by the Annual General Meeting on 17 March 2022. The authority is valid until 17 March 2027 and covers a maximum of 23,400,000 shares.

Purpose

The purpose of the share buyback is to adjust the capital structure and meet obligations relating to the Group's share-based incentive programmes. As announced in company announcement 991, an extraordinary general meeting will be convened shortly to take place on 22 November 2022, with a view to inter alia propose a reduction of the share capital (treasury shares).

Time frame

The share buyback programme will run from 25 October 2022 until end of trading on Nasdaq Copenhagen on 14 November 2022, both days inclusive. During this period, DSV A/S will buy own shares up to a maximum of DKK 3,000 million.

Buyback terms

A company announcement of any transactions under the programme will be published every week after commencement and at the end of the programme. Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.

Yours sincerely,
DSV A/S

DSV A/S, Hovedgaden 630, 2640 Hedehusene, Denmark, tel. +45 43 20 30 40, CVR No. 58233528, www.dsv.com.

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