Bang & Olufsen

Transaction in Own Shares • Oct 15, 2018

Bang & Olufsen A/S – share buyback programme

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 08 October 2018 – 12 October 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	393,449	149.45	58,800,480
08 October 2018	22,000	128.85	2,834,700
09 October 2018	20,000	128.53	2,570,600
10 October 2018	25,000	124.24	3,106,000
11 October 2018	25,000	121.36	3,034,000
12 October 2018	25,000	124.98	3,124,500
Total this period	117,000	125.38	14,669,800
Accumulated under the programme	510,449	143.93	73,470,280

Following the above transactions, Bang & Olufsen holds a total of 620,439 own shares corresponding to 1.4 % 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 8-12 October 2018.

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

Attachment

• BO_-_Weekly_SBB_announcement_UK week 41