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Pandora

Transaction in Own Shares Aug 26, 2019

3379_rns_2019-08-26_717461bb-fd02-405a-b887-6c43769074a8.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

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On 13 March 2019, Pandora announced a share buy-back programme, cf. Company announcement no. 507. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).

The purpose of the programme is to reduce Pandora’s share capital and to meet obligations arising from employee share option programmes.

Under the programme Pandora will buy back shares for an amount up to DKK 2.2 billion in the period from 14 March 2019 to 19 March 2020 at latest.

The following transactions have been made under the programme:

Number of

shares
Average purchase price, DKK Transaction value, DKK
Accumulated, latest announcement 3,828,838 992,796,912
19 August 2019 46,800 230.15 10,771,226
20 August 2019 39,300 252.86 9,937,481
21 August 2019 16,394 289.42 4,744,701
22 August 2019 16,050 304.69 4,890,319
23 August 2019 15,710 306.11 4,809,016
Accumulated under the programme 3,963,092 1,027,949,655

With the transactions stated above, Pandora owns a total of 4,387,980 treasury shares, corresponding to 4.39% of the Company’s share capital.

In accordance with Regulation (EU) No 596/2014, all transactions related to the share buyback programme are presented in detailed form in the spread sheet attached to this Company Announcement.

ABOUT PANDORA

Pandora designs, manufactures and markets hand-finished and contemporary jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries on six continents through more than 7,500 points of sale, including more than 2,700 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, Pandora employs more than 26,000 people worldwide of whom more than 11,500 are located in Thailand, where the Company manufactures its jewellery. PANDORA is publicly listed on the Nasdaq Copenhagen stock exchange in Denmark. In 2018, Pandora’s total revenue was DKK 22.8 billion (approximately EUR 3.1 billion).

CONTACT

For more information, please contact:

INVESTOR RELATIONS

Michael Bjergby

VP, Investor Relations, Tax & Treasury

+45 7219 5387

[email protected]
CORPORATE COMMUNICATION

Johan Melchior

Director External Relations

+45 4060 1415

[email protected]
Brian Granberg

Senior Investor Relations Officer

+45 7219 5344

[email protected]
Christian Møller

Investor Relations Officer

+45 7219 5361

[email protected]

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