Bang & Olufsen

Transaction in Own Shares • Dec 24, 2018

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 17 December 2018 – 21 December 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	1,071,949	139.05	149,055,900
17 December 2018	10,000	139.87	1,398,700
18 December 2018	11,000	136.62	1,502,820
19 December 2018	10,000	137.70	1,377,000
20 December 2018	13,500	95.06	1,283,310
21 December 2018	27,000	89.42	2,414,340
Total this period	71,500	111.55	7,976,170
Accumulated under the programme	1,143,449	137.33	157,032,070

Following the above transactions, Bang & Olufsen holds a total of 1,253,439 own shares corresponding to 2.9 % 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 17-21 December 2018.

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

Attachment

• BO_1833_Weekly_SBB_announcement_week 51_UK