Bang & Olufsen

Transaction in Own Shares • Mar 4, 2019

Bang & Olufsen A/S – share buyback programme

Bang & Olufsen A/S – share buyback programme

On 3 September 2018, Bang & Olufsen initiated a share buyback programme in accordance with article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred to as the Safe Harbor rules.

Under the share buyback programme, which runs from 3 September 2018 and will end no later than 31 December 2019, Bang & Olufsen intends to buy back shares for an amount of up to DKK 485 million.

The following transactions have been made under the program in the period 25 February 2019 – 01 March 2019:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	1,940,449	120.20	233,246,302
25 February 2019	15,000	97.81	1,467,150
26 February 2019	16,000	96.11	1,537,760
27 February 2019	16,000	95.52	1,528,320
28 February 2019	16,000	94.40	1,510,400
01 March 2019	16,000	96.41	1,542,560
Total this period	79,000	96.03	7,586,190
Accumulated under the programme	2,019,449	119.26	240,832,492

Following the above transactions, Bang & Olufsen holds a total of 2,129,439 own shares corresponding to 4.9 % of the total share capital and the total voting rights in the company.

Please see the attached file for detailed information about individual trades under the program in the period 25 February - 1 March 2019.

For further information, please contact: Sr. Director, Global Finance & SDO, Malene Richter Christensen, tel.: +45 29741609.

Attachment

• BO_1844_Weekly_SBB_announcement_week 09_UK