PNDORA Pandora A/S

Transactions in connection with share buyback programme

Transactions in connection with share buyback programme

Transactions in connection with share buyback programme



On 9 February 2022, Pandora announced a new share buyback programme, cf. Company announcement no. 692. The share buyback programme is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).

                                                                                                                                                      

The purpose of the programme is to reduce Pandora’s share capital and to meet obligations arising from company incentive programmes.

Under the programme Pandora will repurchase shares for an aggregate maximum amount of DKK 3.3 billion. The programme commenced on 9 February 2022, cf. Company Announcement no. 692, and will conclude no later than 3 February 2023.

The following transactions have been made under the programme:

  Number of

shares
Average purchase price, DKK Transaction value,    

DKK
Accumulated under the programme

5,126,376   2,613,196,283
05 December 2022 28,000540.10

15,122,876

06 December 2022 28,500 536.41 15,287,788
07 December 2022 28,426 536.54 15,251,567
08 December 2022 25,789 531.97 13,718,956
09 December 2022 28,600 535.92

15,327,206
Accumulated under the programme 5,265,691   2,687,904,675

With the transactions stated above, Pandora owns a total of 5,655,675 treasury shares, corresponding to 5.9% of the Company’s share capital.

In accordance with Regulation (EU) No 596/2014, all transactions related to the share buyback programme are presented in detailed form in the spread sheet attached to this Company Announcement.

About Pandora

Pandora is the world's largest jewellery brand. The company designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,400 points of sale, including more than 2,400 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewellery at two LEED-certified facilities in Thailand. Pandora is committed to leadership in sustainability and will use only recycled silver and gold in its jewellery by 2025 and halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 23.4 billion (EUR 3.1 billion) in 2021.

Contact

For more information, please contact:

Investor Relations

Bilal Aziz

VP, Investor Relations & Treasury







 



Kristoffer Aas Malmgren

Investor Relations Director



Corporate Communications

Johan Melchior

VP Media Relations & Public Affairs



 



Attachments



EN
12/12/2022

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