TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME

Udgivet den 27-07-2015  |  kl. 08:30  |  

On 17 February, PANDORA initiated a share buy-back programme, cf. Company announcement no. 217. The programme is 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 3,900 million in the period from 17 February to 31 December 2015.

The following transactions have been made under the programme:

  Number of
shares
Average purchase price, DKK Transaction value, DKK
Accumulated last announcement 2,839,647   1,897,510,184
20 July 2015 67,271 787.82 52,997,318
21 July 2015 45,000 787.17 35,422,749
22 July 2015 2,500 784.88 1,962,205
23 July 2015 46,500 783.15 36,416,666
24 July 2015 28,474 779.27 22,189,034
Accumulated under the program 3,029,392   2,046,498,155

With the transactions stated above, PANDORA owns a total of 3,708,634 treasury shares, corresponding to 3.0% of the share capital.

ABOUT PANDORA
PANDORA designs, manufactures and markets hand-finished and modern jewellery made from genuine metals at affordable prices. PANDORA jewellery is sold in more than 90 countries on six continents through approximately 9,600 points of sale, including more than 1,400 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 12,400 people worldwide of whom approximately 8,600 are located in Gemopolis, Thailand, where the company manufactures its jewellery. PANDORA is publicly listed on the NASDAQ Copenhagen stock exchange in Denmark. In 2014, PANDORA’s total revenue was DKK 11.9 billion (approximately EUR 1.6 billion). For more information, please visit www.pandoragroup.com.

CONTACT
For more information, please contact:

INVESTOR RELATIONS                            
Morten Eismark                                             
VP Group Investor Relations                         
Phone +45 3673 8213                                    
Mobile +45 3045 6719                                  
MEDIA RELATIONS
Kristian Lysgaard
Director, Group Communications
Phone +45 4323 1774
Mobile +45 2556 8561
Magnus Thorstholm Jensen
Investor Relations Officer

Phone +45 4323 1739
Mobile +45 3050 4402
 

 

Vedhæftede filer:

PANDORA_Company Announcement_No_252_UK.pdf

Udgivet af: NPinvestordk

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