DSV A/S: DSV, 686 - Share buyback in DSV A/S

Company Announcement No. 686
On 30 October 2017, DSV A/S initiated a share buyback programme, as described
in Company Announcement No. 664 of 26 October 2017. According to the programme,
DSV A/S will in the period from 30 October 2017 to 23 March 2018 purchase own
shares up to a maximum value of DKK 1,250,000,000 and no more than 5,000,000
shares, corresponding to 2.63% 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          Average     Amount DKK
                                     bought back      transaction               
                                                            Price               
Accumulated for trading                2,373,466           485.26  1,151,754,072
 days 1-87                                                                      
88: 5 March 2018                          10,000           460.42      4,604,195
89: 6 March 2018                          10,000           460.41      4,604,084
90: 7 March 2018                           7,500           460.83      3,456,246
91: 8 March 2018                           7,500           470.75      3,530,626
92: 9 March 2018                           7,500           476.65      3,574,856
--------------------------------------------------------------------------------
Accumulated for trading                2,415,966           484.91  1,171,524,079
 days 1-92                                                                      
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As at today, DSV A/S holds a total of 6,865,130 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 3.61% of the total number of issued shares
of 190,000,000. 

The details of each transaction made under the share buyback programme are
published on investor.dsv.com. 

Any questions may be addressed to Flemming Ole Nielsen, Director, Investor
Relations, on tel. [phone]. 

Yours sincerely,

DSV A/S

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=667968