TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME

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| Source: Pandora A/S
multilang-release

No. 135
COMPANY ANNOUNCEMENT
25 November 2013

 

On 26 February 2013, PANDORA initiated a share buy-back programme, cf. Company announcement no. 69 of 26 February 2013. The programme was implemented in accordance with the provisions of European Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbour 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 700 million in the period from 26 February 2013 to 31 December 2013.

The following transactions have been made under the programme:

 

  Number of
shares
Average purchase price, DKK Transaction value, DKK
Accumulated last announcement 3,025,753   607,792,179
18 November 2013 10,494 270.24 2,835,857
19 November 2013 8,356 270.82 2,263,011
20 November 2013 26,235 269.51 7,070,490
21 November 2013 6,559 271.04 1,777,732
22 November 2013 59,029 267.69 15,801,426
Accumulated under the program 3,136,426   637,540,694

                               

With the transactions stated above, PANDORA owns a total of 3,319,351 treasury shares, corresponding to 2.6% of the share capital.

 

ABOUT PANDORA
PANDORA designs, manufactures and markets hand-finished and modern jewellery made from genuine materials at affordable prices. PANDORA jewellery is sold in more than 70 countries on six continents through approximately 10,300 points of sale, including approximately 1,000 Concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over 7,300 people worldwide of whom 5,200 are located in Gemopolis, Thailand, where the company manufactures its jewellery. PANDORA is publicly listed on the NASDAQ OMX Copenhagen stock exchange in Denmark. In 2012, PANDORA’s total revenue was DKK 6.7 billion (approximately EUR 900 million). For more information, please visit www.pandoragroup.com.

 

CONTACT

For further queries, please contact:

   

INVESTOR RELATIONS
Morten Eismark
VP Group Investor Relations
Phone +45 3673 8213
Mobile +45 3045 6719
 
MEDIA RELATIONS
Jakob Risom
Press Officer
Phone +45 3673 0634
Mobile +45 6165 6540
Magnus Thorstholm Jensen
Investor Relations Officer
Phone +45 4323 1739
Mobile +45 3050 4402