Pandora

Major Shareholding Notification • Oct 19, 2018

TREASURY SHARES EXCEED 5% OF SHARE CAPITAL

TREASURY SHARES EXCEED 5% OF SHARE CAPITAL

In accordance with Section 31 of the Danish Capital Market Act, it is hereby announced that PANDORA A/S as of today owns a total of 5,510,225 treasury shares, thereby exceeding 5% of the total share capital and the total voting rights in the Company.

On 6 February 2018, PANDORA announced a share buy-back programme, cf. Company announcement no. 432. Under the programme PANDORA will buy back shares for an amount up to DKK 4.0 billion in the period from 14 March 2018 to 13 March 2019.

**ABOUT PANDORA

**PANDORA designs, manufactures and markets hand-finished and contemporary jewellery made from high-quality materials at affordable prices. PANDORA jewellery is sold in more than 100 countries on six continents through around 7,700 points of sale, including more than 2,500 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 23,000 people worldwide of whom around 13,200 are located in Thailand, where the Company manufactures its jewellery. PANDORA is publicly listed on the Nasdaq Copenhagen stock exchange in Denmark. In 2017, PANDORA's total revenue was DKK 22.8 billion (approximately EUR 3.0 billion).

**CONTACT

**For more information, please contact: 

INVESTOR RELATIONS    Magnus Thorstholm Jensen Vice President, Head of Investor Relations +45 7219 5739 mtje@pandora.net	CORPORATE COMMUNICATION Mads Twomey-Madsen Vice President, Corporate Communications & Sustainability +45 2510 0403 madt@pandora.net
Christian Møller Investor Relations Officer +45 7219 5361 chmo@pandora.net
Brian Granberg Investor Relations Officer +45 7219 5344 brgr@pandora.net

Attachment

• PANDORA_Company Announcement_No_476_UK