Bang & Olufsen

Transaction in Own Shares • Jan 21, 2019

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 15 January 2018 – 18 January 2019:

	No. of shares	Average purchase price (DKK)	Transaction value (DKK)
Total previous announcement	1,365,449	129.99	177,501,490
14 January 2019	20,000	99.27	1,985,400
15 January 2019	20,000	99.93	1,998,600
16 January 2019	20,000	99.99	1,999,800
17 January 2019	17,452	99.88	1,743,106
18 January 2019	19,548	99.92	1,953,236
Total this period	97,000	99.80	9,680,142
Accumulated under the programme	1,462,449	127.99	187,181,632

Following the above transactions, Bang & Olufsen holds a total of 1,572,439 own shares corresponding to 3.6 % 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 14 January - 18 January 2019.

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

Attachment

• BO_1838_Weekly_SBB_announcement_week 03_UK