Bang & Olufsen

Transaction in Own Shares • Nov 5, 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 29 October 2018 – 02 November 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	675,449	140.68	95,018,970
29 October 2018	12,000	134.10	1,609,200
30 October 2018	12,000	134.07	1,608,840
31 October 2018	11,000	137.81	1,515,910
01 November 2018	10,000	141.63	1,416,300
02 November 2018	10,000	145.41	1,454,100
Total this period	55,000	138.26	7,604,350
Accumulated under the programme	730,449	140.49	102,623,320

Following the above transactions, Bang & Olufsen holds a total of 840,439 own shares corresponding to 1.9 % 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 29 October - 02 November 2018.

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

Attachment

• BO_1820_Weekly_SBB_announcement_week 44_UK