Bang & Olufsen

Transaction in Own Shares • Sep 10, 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 3 September 2018 - 7 September 2018: 

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
3 September 2018	15,000	156.56	2,348,400
4 September 2018	15,000	154.70	2,320,500
5 September 2018	16,000	153.65	2,458,400
6 September 2018	16,000	155.90	2,494,400
7 September 2018	17,000	153.87	2,615,790
Accumulated under the programme	79,000	154.90	12,237,490

Following the above transactions, Bang & Olufsen holds a total of 188,990 own shares corresponding to 0.4 % 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 3-7 September 2018.

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

Attachment

• BO_1806_Weekly_SBB_announcement_week 36_UK