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 Average purchase price, Transaction value, of DKK DKK shares -------------------------------------------------------------------------------- Accumulated last 371,897 56,904,246 announcement -------------------------------------------------------------------------------- 25 March 2013 14,138 154.69 2,186,996 -------------------------------------------------------------------------------- 26 March 2013 6,059 155.87 944,392 -------------------------------------------------------------------------------- 27 March 2013 6,059 159.44 966,017 -------------------------------------------------------------------------------- 2 April 2013 8,279 166.93 1,381,972 -------------------------------------------------------------------------------- 3 April 2013 12,118 168.47 2,041,568 -------------------------------------------------------------------------------- 4 April 2013 20,197 166.83 3,369,445 -------------------------------------------------------------------------------- 5 April 2013 40,394 161.70 6,531,516 -------------------------------------------------------------------------------- Accumulated under the 479,141 74,326,152 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 662,066 treasury shares, corresponding to 0.5% 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 over 10,300 points of sale, including approximately 900 Concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over 6,000 people worldwide of whom 4,000 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, PANDORAs total revenue was DKK 6.7 billion (approximately EUR 893 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
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=426527
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 Average purchase price, Transaction value, of DKK DKK shares -------------------------------------------------------------------------------- Accumulated last 371,897 56,904,246 announcement -------------------------------------------------------------------------------- 25 March 2013 14,138 154.69 2,186,996 -------------------------------------------------------------------------------- 26 March 2013 6,059 155.87 944,392 -------------------------------------------------------------------------------- 27 March 2013 6,059 159.44 966,017 -------------------------------------------------------------------------------- 2 April 2013 8,279 166.93 1,381,972 -------------------------------------------------------------------------------- 3 April 2013 12,118 168.47 2,041,568 -------------------------------------------------------------------------------- 4 April 2013 20,197 166.83 3,369,445 -------------------------------------------------------------------------------- 5 April 2013 40,394 161.70 6,531,516 -------------------------------------------------------------------------------- Accumulated under the 479,141 74,326,152 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 662,066 treasury shares, corresponding to 0.5% 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 over 10,300 points of sale, including approximately 900 Concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over 6,000 people worldwide of whom 4,000 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, PANDORAs total revenue was DKK 6.7 billion (approximately EUR 893 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
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=426527
© 2013 GlobeNewswire
