DSV DSV Panalpina A/S

DSV, 824 - SHARE BUYBACK IN DSV PANALPINA A/S

DSV, 824 - SHARE BUYBACK IN DSV PANALPINA A/S

Company Announcement No. 824

On 7 February 2020, we initiated a share buyback programme, as described in Company Announcement No. 816 of 7 February 2020. According to the programme, the company will in the period from 7 February 2020 to 30 July 2020 purchase own shares up to a maximum value of DKK 6,000,000,000 and no more than 9,800,000 shares, corresponding to 4.17% 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 1-212,012,212 734.88 1,478,736,402
22:9 March 2020 145,000 631.26 91,532,700
23:10 March 2020 120,000 641.11 76,933,200
24:11 March 2020 120,000 638.50 76,620,000
25:12 March 2020 130,000 593.69 77,179,700
26:13 March 2020 110,000 621.66 68,382,600
Accumulated trading for days 1-262,637,212 708.85 1,869,384,602

As at today, DSV Panalpina A/S holds a total of 8,940,031 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 3.80% 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 .

Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. .

Yours sincerely,

DSV Panalpina A/S

Attachment

EN
16/03/2020

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