TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME

Udgivet den 14-03-2016  |  kl. 08:30  |  

On 9 February, PANDORA initiated a share buy-back programme, cf. Company announcement no. 281. 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 4,000 million in the period from 9 February to 31 December 2016.

The following transactions have been made under the programme:

  Number of
shares
Average purchase price, DKK Transaction value, DKK
Accumulated last announcement 467,718   383,817,196
7 March 2016 30,696 861.21 26,435,625
8 March 2016 29,365 832.66 24,451,105
9 March 2016 43,497 836.20 36,372,318
10 March 2016 60,000 825.07 49,504,236
11 March 2016 0   0
Accumulated under the program 631,276   520,580,480

With the transactions stated above, PANDORA owns a total of 6,633,439 treasury shares, corresponding to 5.4% of the share capital.

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 approximately 9,300 points of sale, including around 1,800 concept stores.

Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 16,700 people worldwide of whom approximately 11,000 are located in Gemopolis, Thailand, where the company manufactures its jewellery. PANDORA is publicly listed on the NASDAQ Copenhagen stock exchange in Denmark. In 2015, PANDORA’s total revenue was DKK 16.7 billion (approximately EUR 2.2 billion).

CONTACT
For more information, please contact:

INVESTOR RELATIONS                            
Morten Raunholt 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
Senior Investor Relations Officer

Phone +45 4323 1739
Mobile +45 3050 4402
 

 

Vedhæftede filer:

PANDORA_Company Announcement_No_291_UK.pdf

Udgivet af: NPinvestordk

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