Pandora A/S
TRANSACTIONS IN CONNECTION WITH SHARE BUYBACK PROGRAMME

DGAP-News: Pandora A/S

2015-05-18 / 08:30

---------------------------------------------------------------------

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        Average purchase   Transaction value,
                             shares              price, DKK                  DKK
--------------------------------------------------------------------------------
Accumulated last          1,587,958                                1,008,224,733
 announcement                                                                   
--------------------------------------------------------------------------------
11 May 2015                  32,000                  697.84           22,330,947
--------------------------------------------------------------------------------
12 May 2015                 100,000                  685.80           68,580,470
--------------------------------------------------------------------------------
13 May 2015                  10,000                  676.69            6,766,866
--------------------------------------------------------------------------------
Accumulated under the     1,729,958                                1,105,903,016
 program                                                                        
--------------------------------------------------------------------------------

With the transactions stated above, PANDORA owns a total of 2,409,200 treasury
shares, corresponding to 2.0% 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 9,600 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           MEDIA RELATIONS               
Morten Eismark               Kristian Lysgaard             
VP Group Investor Relations  Director, Group Communications
Phone +45 3673 8213          Phone +45 4323 1774           
Mobile +45 3045 6719         Mobile +45 2556 8561          
Magnus Thorstholm Jensen                                   
Investor Relations Officer                                 
Phone +45 4323 1739                                        
Mobile +45 3050 4402
News Source: NASDAQ OMX



---------------------------------------------------------------------

2015-05-18 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language:    English       
Company:     Pandora A/S   
 
 
             Denmark       
ISIN:        DK0060252690  
 
 
End of News    DGAP News-Service  
---------------------------------------------------------------------  
358343 2015-05-18