Bang & Olufsen

Transaction in Own Shares • Nov 19, 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 12 November 2018 – 16 November 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	779,449	140.62	109,603,300
12 November 2018	9,000	140.03	1,260,270
13 November 2018	11,000	134.84	1,483,240
14 November 2018	12,000	134.18	1,610,160
15 November 2018	12,000	134.92	1,619,040
16 November 2018	13,000	133.10	1,730,300
Total this period	57,000	135.14	7,703,010
Accumulated under the programme	836,449	140.24	117,306,310

Following the above transactions, Bang & Olufsen holds a total of 946,439 own shares corresponding to 2.2 % 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 12-16 November 2018.

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

Attachment

• BO_1822_Weekly_SBB_announcement_week 46_UK