DSV

Transaction in Own Shares • May 27, 2019

DSV, 752 - SHARE BUYBACK IN DSV A/S

DSV, 752 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 752

On 30 April 2019, DSV A/S initiated a share buyback programme, as described in Company Announcement No. 745 of 30 April 2019. According to the programme, DSV A/S will in the period from 30 April 2019 to 8 November 2019 purchase own shares up to a maximum value of DKK 3,500,000,000 corresponding to 5.38% of the current share capital of DSV A/S. 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 1-13			521,000		606.44		315,956,350
14:	20 May 2019		52,000		591.35		30,750,200
15:	21 May 2019		46,000		592.71		27,264,660
16:	22 May 2019		42,000		605.34		25,424,280
17:	23 May 2019		43,000		600.62		25,826,660
18:	24 May 2019		45,000		605.23		27,235,350
Accumulated trading for days 1-18			749,000		604.08		452,457,500

As at today, DSV A/S holds a total of 7,061,669 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.8% of the total number of issued shares of 186,000,000.

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 A/S

Attachment

• 752 - Announcement (27.05.2019) - Sharebuyback