Bang & Olufsen

Transaction in Own Shares • Oct 8, 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 01 October 2018 – 05 October 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	313,449	150.72	47,244,040
01 October 2018	10,000	154.27	1,542,700
02 October 2018	15,000	152.44	2,286,600
03 October 2018	17,000	147.46	2,506,820
04 October 2018	18,000	139.24	2,506,320
05 October 2018	20,000	135.70	2,714,000
Total this period	80,000	144.46	11,556,440
Accumulated under the programme	393,449	149.45	58,800,480

Following the above transactions, Bang & Olufsen holds a total of 503,439 own shares corresponding to 1.2 % 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 1-5 October 2018.

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

Attachment

• BO_1812_Weekly_SBB_announcement_week 40_UK