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 Average purchase price, Transaction value, of DKK DKK shares -------------------------------------------------------------------------------- Accumulated last 561,205 334,335,490 announcement -------------------------------------------------------------------------------- 16 March 2015 26,061 629.59 16,407,675 -------------------------------------------------------------------------------- 17 March 2015 105,000 618.81 64,974,672 -------------------------------------------------------------------------------- 18 March 2015 23,500 611.69 14,374,830 -------------------------------------------------------------------------------- 19 March 2015 13,000 610.80 7,940,368 -------------------------------------------------------------------------------- 20 March 2015 6,805 617.79 4,204,038 -------------------------------------------------------------------------------- Accumulated under the 735,571 442,237,072 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 7,233,464 treasury shares, corresponding to 5.6% 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 9,900 points of sale, including more than 1,400 concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 11,400 people worldwide of whom approximately 7,900 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 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=508091
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 Average purchase price, Transaction value, of DKK DKK shares -------------------------------------------------------------------------------- Accumulated last 561,205 334,335,490 announcement -------------------------------------------------------------------------------- 16 March 2015 26,061 629.59 16,407,675 -------------------------------------------------------------------------------- 17 March 2015 105,000 618.81 64,974,672 -------------------------------------------------------------------------------- 18 March 2015 23,500 611.69 14,374,830 -------------------------------------------------------------------------------- 19 March 2015 13,000 610.80 7,940,368 -------------------------------------------------------------------------------- 20 March 2015 6,805 617.79 4,204,038 -------------------------------------------------------------------------------- Accumulated under the 735,571 442,237,072 program --------------------------------------------------------------------------------
With the transactions stated above, PANDORA owns a total of 7,233,464 treasury shares, corresponding to 5.6% 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 9,900 points of sale, including more than 1,400 concept stores.
Founded in 1982 and headquartered in Copenhagen, Denmark, PANDORA employs more than 11,400 people worldwide of whom approximately 7,900 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 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=508091