REPORTING OF TRANSACTIONS IN SHARES BY EXECUTIVE EMPLOYEES IN THE PANDORA A/S SHARE

News Details

REPORTING OF TRANSACTIONS IN SHARES BY EXECUTIVE EMPLOYEES IN THE PANDORA A/S SHARE

November 5, 2010

 

No. 14                                                                          

COMPANY ANNOUNCEMENT                                                            

5 November 2010                                                                 





REPORTING OF TRANSACTIONS IN SHARES BY EXECUTIVE EMPLOYEES IN THE PANDORA A/S

SHARE 



Pursuant to section 28a of the Securities Trading Act, PANDORA A/S is required  

to disclose information on transactions with the shares and associated          

securities of PANDORA A/S by executive employees and their close relatives.     



PANDORA A/S has received information on the below transactions:                 



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

| Name of the reporting person         | Wipec Holding ApS                     |

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

| Reason for the reporting             | Close relative to Managing Director   |

|                                      | Per Enevoldsen                        |

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

| Name of the issuer                   | PANDORA A/S                           |

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

| Securities code                      | DK0060252690                          |

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

| Nature of the transaction            | Intra group dividend                  |

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

| Type of security                     | Shares                                |

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

| Trading date                         | 2 November 2010                       |

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

| Trading market                       | NASDAQ OMX Copenhagen                 |

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

| Number of securities                 | 2.894.658                             |

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

| Market value on the trading date     | DKK 756.953.067                       |

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



ABOUT PANDORA                                                                   

PANDORA is a designer, manufacturer, marketer and distributor of hand finished  

and modern jewellery made from genuine materials - primarily sterling silver,   

gold, precious and semi-precious stones and Murano glass. As at 30 June 2010,   

our jewellery was sold in 47 countries on six continents through approximately  

10,000 points of sale, including over 260 PANDORA branded concept stores.       



Our collectible charm bracelets made from sterling silver and gold and charms   

made from different genuine materials, which are featured in our Moments        

collection, constitute our core product offering. In addition, we offer other   

pieces of jewellery, such as rings, bracelets, necklaces and earrings, through  

our Moments, Stories, Compose, LovePods and Liquid Silver collections.          



PANDORA was founded in 1982 in Copenhagen, Denmark and employs over 4,500 people

worldwide, of whom more than 3,300 are located in Gemopolis, Thailand, where    

PANDORA manufactures its jewellery. The company is publicly listed on NASDAQ OMX

Copenhagen. In 2009, PANDORA generated revenue of approximately DKK 3.5 billion 

(approximately EUR 465 million) and EBITDA of approximately DKK 1.6 billion, and

in H1 2010 generated revenue of approximately DKK 2.6 billion (approximately EUR

345 million) and EBITDA of approximately DKK 1.0 billion.                       





CONTACT                                                                         

For further queries, please contact:                                            



Kasper Riis, Communications Manager                                             

Phone +45 3672 0044                                                             

Mobile +45 3035 6728