Transaction in Own Shares • Mar 11, 2019
Transaction in Own Shares
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PANDORA A/S Havneholmen 17 – 19 | DK-1561 Copenhagen V | Denmark Tel. +45 3672 0044 www.pandoragroup.com CVR: 28 50 51 16
No. 504 COMPANY ANNOUNCEMENT 11 March 2019
On 6 February 2018, PANDORA announced a share buy-back programme, cf. Company announcement no. 432. 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 PANDORAs 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 4,000 million in the period from 14 March 2018 to 13 March 2019.
| Number of | Average purchase | Transaction value, | |
|---|---|---|---|
| shares | price, DKK | DKK | |
| Accumulated, latest | 9,806,925 | 3,902,747,743 | |
| announcement | |||
| 04 March 2019 | 35,090 | 345.78 | 12,133,557 |
| 05 March 2019 | 34,932 | 344.84 | 12,045,954 |
| 06 March 2019 | 35,395 | 343.00 | 12,140,713 |
| 07 March 2019 | 49,753 | 330.86 | 16,461,654 |
| 08 March 2019 | 134,582 | 328.75 | 44,243,884 |
| Accumulated under | 10,096,677 | 3,999,773,511 | |
| the programme |
The following transactions have been made under the programme:
With the transactions stated above, PANDORA owns a total of 10,453,891 treasury shares, corresponding to 9.5% 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.
The total share buyback programme of DKK 4,000 million has been completed.
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 7,700 points of sale, including more than 2,700 concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, Pandora employs more than 32,000 people worldwide of whom more than 14,000 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).
For more information, please contact:
INVESTOR RELATIONS Michael Bjergby VP, Investor Relations, Tax & Treasury +45 7219 5387 [email protected]
Brian Granberg Senior Investor Relations Officer +45 7219 5344 [email protected]
Christian Møller Investor Relations Officer +45 7219 5361 [email protected]
CORPORATE COMMUNICATION Mads Twomey-Madsen Vice President, Corporate Communications & Sustainability +45 2510 0403 [email protected]
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