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Share Buyback in DSV Panalpina A/S

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On 11 November 2019, DSV Panalpina A/S initiated a share buyback programme. According to the programme, the company will in the period from 11 November 2019 to 6 February 2020 purchase own shares up to a maximum value of DKK 2,500,000,000 and no more than 6,000,000 shares, corresponding to 2.55% 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 1-5 303,934 742.65 225,716,481
6: 18 November 2019 80,160 731.99 58,676,399
7: 19 November 2019 74,500 737.09 54,913,116
8: 20 November 2019 45,384 739.63 33,567,459
9: 21 November 2019 110,240 732.61 80,762,673
10: 22 November 2019 60,070 734.79 44,138,691
Accumulated trading for days 1-10 674,288 738.22 497,774,818

 

As at today, DSV Panalpina A/S holds a total of 5,029,855 shares of a nominal value of DKK 1 in DSV Panalpina A/S, corresponding to 2.14% of the total number of issued shares of 235,000,000.