TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME


On 6 February 2018, PANDORA announced a share buy-back programme, cf. Company announcement no. 432. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).

The purpose of the programme is to reduce PANDORAs share capital and to meet obligations arising from employee share option programmes.

Under the programme PANDORA will buy back shares for an amount up to DKK 4,000 million in the period from 14 March 2018 to 13 March 2019.

The following transactions have been made under the programme:

  Number of
shares
Average purchase price, DKK Transaction value, DKK
Accumulated, latest announcement 6,390,795   2,889,941,671
03 December 2018 45,900 360.65 16,553,711
04 December 2018 46,600 359.24 16,740,384

 
05 December 2018 49,600 354.26

 
17,571,400
06 December 2018 54,276 345.09

 
18,730,197
07 December 2018 53,210 346.56

 
18,440,426

 
Accumulated under the programme 6,640,381   2,977,977,789

With the transactions stated above, PANDORA owns a total of 7,028,909 treasury shares, corresponding to 6.4% of the Company’s share capital.

In accordance with Regulation (EU) No 596/2014, all transactions related to the share buyback programme are presented in detailed form in the spread sheet attached to this Company Announcement.

ABOUT PANDORA
PANDORA designs, manufactures and markets hand-finished and contemporary jewellery made from high-quality materials at affordable prices. PANDORA jewellery is sold in more than 100 countries on six continents through around 7,700 points of sale, including more than 2,500 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 23,000 people worldwide of whom around 13,200 are located in Thailand, where the Company manufactures its jewellery. PANDORA is publicly listed on the Nasdaq Copenhagen stock exchange in Denmark. In 2017, PANDORA's total revenue was DKK 22.8 billion (approximately EUR 3.0 billion).

CONTACT
For more information, please contact:

INVESTOR RELATIONS   
Brian Granberg
Senior Investor Relations Officer
+45 7219 5344
brgr@pandora.net

 

CORPORATE COMMUNICATION
Mads Twomey-Madsen
Vice President, Corporate Communications & Sustainability
+45 2510 0403
madt@pandora.net

Christian Møller
Investor Relations Officer
+45 7219 5361
chmo@pandora.net
 

Attachments


Attachments

PANDORA_Company Announcement_No_486_UK Appendix_Company_Announcement_No_486 Appendix_Company_Announcement_No_486