Bang & Olufsen

Transaction in Own Shares • Sep 17, 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 10 September 2018 - 14 September 2018:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	79,000	154.90	12,237,490
10 September 2018	17,000	156.10	2,653,700
11 September 2018	17,000	153.39	2,607,630
12 September 2018	16,000	151.60	2,425,600
13 September 2018	17,000	150.62	2,560,540
14 September 2018	17,000	148.72	2,528,240
Total this period	84,000	152.09	12,775,710
Accumulated under the programme	163,000	153.46	25,013,200

Following the above transactions, Bang & Olufsen holds a total of 272,990 own shares corresponding to 0.6 % 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 10-14 September 2018.

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

Attachment

• BO_1807_Weekly_SBB_announcement_week 37_UK