Bang & Olufsen

Transaction in Own Shares • Jan 7, 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 31 December 2018 – 04 January 2019:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	1,199,449	134.98	161,897,910
31 December 2018	0	0.00	0
01 January 2019	0	0.00	0
02 January 2019	28,000	88.42	2,475,760
03 January 2019	29,000	86.14	2,498,060
04 January 2019	30,000	90.27	2,708,100
Total this period	87,000	88.30	7,681,920
Accumulated under the programme	1,286,449	131.82	169,579,830

Following the above transactions, Bang & Olufsen holds a total of 1,396,439 own shares corresponding to 3.2 % 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 31 December 2018 - 04 January 2019

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

Attachment

• BO_1835_Weekly_SBB_announcement_week 01_UK