Bang & Olufsen

Transaction in Own Shares • Dec 17, 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 10 December 2018 – 14 December 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	1,018,949	139.09	141,725,530
10 December 2018	12,000	134.75	1,617,000
11 December 2018	11,000	136.77	1,504,470
12 December 2018	10,000	140.66	1,406,600
13 December 2018	10,000	140.97	1,409,700
14 December 2018	10,000	139.26	1,392,600
Total this period	53,000	138.31	7,330,370
Accumulated under the programme	1,071,949	139.05	149,055,900

Following the above transactions, Bang & Olufsen holds a total of 1,181,939 own shares corresponding to 2.7 % 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 10-14 December 2018.

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

Attachment

• BO_1830_Weekly_SBB_announcement_week 50_UK