Bang & Olufsen

Director's Dealing • Jul 15, 2019

Reporting of Manager's transaction in Bang & Olufsen shares

Bang & Olufsen A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below 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.

1	Details of the person discharging managerial responsibilities/their related persons
a)	Name	Nikolaj Wendelboe
2	Reason for the notification
a)	Position/status	EVP, Finance & Legal
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bang & Olufsen A/S
b)	LEI	52990018KGR3ILFDNJ20
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument / Identification code	Shares
b)	Nature of the transaction	Purchase of shares ISIN: DK0010218429

c)	Price(s) and volume(s)	Price	Volume
		44.86	17
		44.84	18
		44.84	195
		44.96	186
		44.96	400
		44.96	272
		45.00	206
		44.94	108
		44.94	400
		45.00	179
		45.10	136
		44.98	167
		44.98	37
		44.95	1,095
		44.94	1,096
		44.94	1,095
		44.82	16
		44.84	192
		44.84	3
		44.78	147
		44.81	861
		44.82	819
		44.74	14
		44.74	209
		44.60	203
		44.50	331

44.50	322
44.50	1,094
44.50	31
44.50	56
44.50	78
44.50	38
44.50	52
44.24	24
44.24	163
44.24	115
44.24	8
44.04	188
44.04	267
44.08	64
44.08	150
44.10	114
44.10	196
44.00	250
43.92	103
43.92	63
43.92	132
43.92	22
43.92	24
43.92	222
43.93	877
43.90	220
44.08	125

d)	Aggregated information/ Aggregated volume/Price	Price: 44.61932 Volume: 13,400
e)	Date of the transaction	15 July 2019
f)	Place of the transaction	Nasdaq Copenhagen, XCSE

For further information, please contact:

Director, Investor Relations, Martin Raasch Egenhardt, phone: +45 5370 7439