Bang & Olufsen

Transaction in Own Shares • Nov 26, 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 19 November 2018 – 23 November 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	836,449	140.24	117,306,310
19 November 2018	13,000	131.35	1,707,550
20 November 2018	15,000	127.30	1,909,500
21 November 2018	13,000	129.71	1,686,230
22 November 2018	13,500	130.14	1,756,890
23 November 2018	12,000	131.44	1,577,280
Total this period	66,500	129.89	8,637,450
Accumulated under the programme	902,949	139.48	125,943,760

Following the above transactions, Bang & Olufsen holds a total of 1,012,939 own shares corresponding to 2.3 % 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 19-23 November 2018

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

Attachment

• BO_1824_Weekly_SBB_announcement_week 47_UK