On 18 February, PANDORA initiated a share buy-back programme, cf. Company
announcement no. 143. 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 2,400 million in the period from 18 February to 31 December 2014.
The following transactions have been made under the programme:
Number of Average purchase Transaction value, shares price, DKK DKK -------------------------------------------------------------------------------- Accumulated last 4,179,039 1,607,467,784 announcement -------------------------------------------------------------------------------- 8 September 2014 22,792 427.26 9,738,162 -------------------------------------------------------------------------------- 9 September 2014 31,437 427.32 13,433,536 -------------------------------------------------------------------------------- 10 September 2014 6,812 422.89 2,880,710 -------------------------------------------------------------------------------- 11 September 2014 3,144 431.62 1,356,998 -------------------------------------------------------------------------------- 12 September 2014 26,261 438.31 11,510,472 -------------------------------------------------------------------------------- Accumulated under the 4,269,485 1,646,387,663 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 5,610,289 treasury shares, corresponding to 4.4% 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 80 countries on six continents through approximately 10,000 points of sale, including more than 1,200 Concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over 9,000 people worldwide of whom approximately 7,000 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 2013, PANDORA's total revenue was DKK 9.0 billion (approximately EUR 1.2 billion). For more information, please visit www.pandoragroup.com.
CONTACT For more information, please contact:
INVESTOR RELATIONS MEDIA RELATIONS Morten Eismark Jakob Risom Langelund VP Group Investor Relations Press Officer Phone +45 3673 8213 Phone +45 3673 0634 Mobile +45 3045 6719 Mobile +45 6165 6540 Magnus Thorstholm Jensen Investor Relations Officer Phone +45 4323 1739 Mobile +45 3050 4402
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=486681
Under the programme PANDORA will buy back shares for an amount up to 2,400 million in the period from 18 February to 31 December 2014.
The following transactions have been made under the programme:
Number of Average purchase Transaction value, shares price, DKK DKK -------------------------------------------------------------------------------- Accumulated last 4,179,039 1,607,467,784 announcement -------------------------------------------------------------------------------- 8 September 2014 22,792 427.26 9,738,162 -------------------------------------------------------------------------------- 9 September 2014 31,437 427.32 13,433,536 -------------------------------------------------------------------------------- 10 September 2014 6,812 422.89 2,880,710 -------------------------------------------------------------------------------- 11 September 2014 3,144 431.62 1,356,998 -------------------------------------------------------------------------------- 12 September 2014 26,261 438.31 11,510,472 -------------------------------------------------------------------------------- Accumulated under the 4,269,485 1,646,387,663 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 5,610,289 treasury shares, corresponding to 4.4% 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 80 countries on six continents through approximately 10,000 points of sale, including more than 1,200 Concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs over 9,000 people worldwide of whom approximately 7,000 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 2013, PANDORA's total revenue was DKK 9.0 billion (approximately EUR 1.2 billion). For more information, please visit www.pandoragroup.com.
CONTACT For more information, please contact:
INVESTOR RELATIONS MEDIA RELATIONS Morten Eismark Jakob Risom Langelund VP Group Investor Relations Press Officer Phone +45 3673 8213 Phone +45 3673 0634 Mobile +45 3045 6719 Mobile +45 6165 6540 Magnus Thorstholm Jensen Investor Relations Officer Phone +45 4323 1739 Mobile +45 3050 4402
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=486681