Pandora necklace

PANDORA REDUCES OWN SHARES TO LESS THAN 5% OF SHARES

In accordance with article 31 of the Capital Market Law, it is announced that Pandora A/S currently holds a total of 1,362,965 own shares with a nominal value of 1 DKK, i.e. less than 5% of the total share capital and total voting rights. in the business.

The reduction in the number of treasury shares is a consequence of the share capital reduction decided by the Company’s Annual General Meeting of March 10, 2022, which was carried out today cf. Company announcement no. 710.

ABOUT PANDORA
Pandora is the largest jewelry brand in the world. The company designs, manufactures and markets hand-finished jewelry from high quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries through 6,700 points of sale, including more than 2,600 concept stores.

Based in Copenhagen, Denmark, Pandora employs 26,000 people worldwide and manufactures its jewelry in two LEED-certified factories in Thailand, using mostly recycled silver and gold. Pandora is committed to being a leader in sustainability and has set science-based targets to reduce greenhouse gas emissions by 50% across its own operations and value chain by 2030. The company is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 19.0 billion (€2.5 billion) in 2020.

CONTACT

For more information please contact:

INVESTOR RELATIONS
John Backman
Vice President, Investor Relations, Tax and Treasury
+45 5356 6909
[email protected]

Kristoffer Aas Malmgren
Investor Relations Director
+45 3050 1174
[email protected]

BUSINESS COMMUNICATION
Johan Melchior
External Relations Director
+45 4060 1415
[email protected]
  • Pandora_Company Announcement_No.711