Bang & Olufsen

Transaction in Own Shares • Dec 10, 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 03 December 2018 – 07 December 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	960,949	139.27	133,830,760
03 December 2018	12,000	135.39	1,624,680
04 December 2018	12,000	137.59	1,651,080
05 December 2018	12,000	136.29	1,635,480
06 December 2018	11,000	135.60	1,491,600
07 December 2018	11,000	135.63	1,491,930
Total this period	58,000	136.12	7,894,770
Accumulated under the programme	1,018,949	139.09	141,725,530

Following the above transactions, Bang & Olufsen holds a total of 1,128,939 own shares corresponding to 2.6 % 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 3-7 December 2018.

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

Attachment

• BO_1827_Weekly_SBB_announcement_week 49_UK