Bang & Olufsen

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Bang & Olufsen a/s has received notification pursuant to article 19 of
regulation (EU) no. 596/2014 of a transaction related to shares in Bang &
Olufsen a/s made by persons discharging managerial responsibilities in Bang &
Olufsen a/s and/or persons closely related with them.

Please see attached announcement for further information.

     For further information please contact:
     Head of IR, Claus Højmark Jensen, tel: +45 9684 1251

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