PANDORA A/S : 3 August 2015 TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME
August 03, 2015 at 02:36 am
Share
No. 253
COMPANY ANNOUNCEMENT
3 August 2015
TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK
PROGRAMME
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
3,029,392
2,046,498,155
27 July 2015
32,000
760.28
24,328,848
28 July 2015
95,000
762.82
72,467,805
29 July 2015
5,678
770.91
4,377,205
30 July 2015
39,500
765.84
30,250,601
31 July 2015
22,822
763.24
17,418,716
Accumulated under
the program
3,224,392
2,195,341,330
With the transactions stated above, PANDORA owns a total of 3,903,634 treasury shares, corresponding to 3.2% of the share capital.
3 August 2015 | COMPANY ANNOUNCEMENT No. 253 | page 1 | 2
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
3 August 2015 | COMPANY ANNOUNCEMENT No. 253 | page 2 | 2
Pandora A/S specializes in the design, manufacturing and marketing of jewelry and related items. Net sales break down by product family as follows:
- charms and carriers (78%);
- other (22%): rings, necklaces, pendants, earrings, chains and diamonds.
At the end of 2023, the group had 6,686 points of sale (of which 2,651 concept stores) worldwide.
Net sales are distributed geographically as follows: Denmark (0.1%), the United States (29.9%), the United Kingdom (14.4%), Italy (9.7%), Germany (4.9%), Australia (4.8%), France (4.5%), China (2.8%) and other (28.9%).