BlackRock's Share Control Announcement
In a significant announcement, Pandora A/S has notified its stakeholders regarding BlackRock, Inc.'s share control. According to the company's disclosure, BlackRock now holds voting rights for 7,226,047 shares, which amounts to 8.81% of its total share capital and voting rights. This representation remains unchanged. Additionally, BlackRock controls voting rights over certain financial instruments that contribute an extra 1.18%. Consequently, BlackRock's total control comprises 9.99% of the voting rights, slightly down from a previous 10.00%.
Understanding Pandora A/S
Pandora stands as the world’s foremost jewellery brand, earning its stellar reputation through meticulous design, manufacturing, and marketing of hand-finished jewellery. The company prides itself on using high-quality materials that are affordably priced, making luxury accessible to a more extensive audience. With a presence in over 100 countries, Pandora operates 6,700 points of sale, including more than 2,600 bespoke concept stores.
A Commitment to Sustainability
Headquartered in Copenhagen, Denmark, Pandora employs a workforce of 33,000 individuals globally. The production of jewellery takes place across three facilities in Thailand, where the company utilizes exclusively recycled silver and gold. Such practices reflect Pandora's commitment to sustainability. The brand is dedicated to reducing its greenhouse gas emissions across its value chain by 50% by 2030, a goal that demonstrates its proactive stance on environmental responsibility.
Financial Performance and Listing
Pandora is publicly traded on the Nasdaq Copenhagen stock exchange, where it has consistently posted robust financial performance. In the recent fiscal year, Pandora recorded a striking revenue of DKK 28.1 billion, which translates to approximately EUR 3.8 billion. This financial success underscores Pandora's appeal and operational efficiency in the competitive jewellery market.
Contact Information for Further Inquiries
For potential investors and members of the media seeking more insights into Pandora's operations and shareholder updates, the company provides detailed contact information:
Investor Relations
Bilal Aziz
VP, Investor Relations & Treasury
Contact Number: +45 3137 9486
Email: biazi@pandora.net
Corporate Communications
Johan Melchior
VP, Media Relations & Public Affairs
Contact Number: +45 4060 1415
Email: jome@pandora.net
Additional Investor Relations Support
Adam Fuglsang
Director, Investor Relations
Contact Number: +45 6167 7425
Email: adfug@pandora.net
Frequently Asked Questions
What is BlackRock's current share control percentage?
BlackRock currently controls 9.99% of Pandora's voting rights.
How many shares does BlackRock hold in Pandora?
BlackRock holds a total of 7,226,047 shares of Pandora.
What is Pandora's commitment to sustainability?
Pandora aims to reduce its greenhouse gas emissions by 50% across its value chain by 2030.
Where are Pandora's manufacturing facilities located?
Pandora's jewellery is crafted in three facilities in Thailand.
What was Pandora's revenue for the last fiscal year?
Pandora generated a revenue of DKK 28.1 billion, about EUR 3.8 billion, in the last fiscal year.
