Company Announcement No. 697

On 1 May 2018, DSV A/S initiated a share buyback programme, as described in Company Announcement No. 691 of 1 May 2018. According to the programme, DSV A/S will in the period from 1 May 2018 to 27 July 2018 purchase own shares up to a maximum value of DKK 1,100,000,000 and no more than 4,000,000 shares, corresponding to 2.13% 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 dayNumber of shares bought backAverage transaction
price
Amount DKK
Accumulated for trading days 1-16527,000513.94270,846,390
17: 28 May 2018 25,000 534.65 13,366,250
18: 29 May 2018 25,000 531.75 13,293,750
19: 30 May 2018 30,000 530.83 15,924,900
20: 31 May 2018 25,000 533.52 13,338,000
21: 1 June 2018 25,000 533.25 13,331,250
Accumulated for trading days 1-21 657,000 517.66 340,100,540

As at today, DSV A/S holds a total of 4,469,377 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 2.38% of the total number of issued shares of 188,000,000.

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

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