Significant Shareholder Shift for Pandora A/S Revealed
Significant Shareholder Changes Announced
Pandora A/S has made an important announcement regarding its voting rights and share control. The company disclosed that Parvus Asset Management Europe Limited has transferred its voting rights and share ownership to Parvus Asset Management Jersey Limited. This strategic move allows Parvus Asset Management Jersey Limited to directly control the voting rights associated with 6,297,096 shares, which equates to approximately 7.68% of Pandora's total share capital.
About Pandora A/S
Pandora stands as a leader in the global jewelry market, specializing in the design, craft, and marketing of luxury jewelry that's both accessible and stylish. The brand focuses on using high-quality materials, enabling individuals to express their unique narratives and emotions through its intricate pieces. Their jewelry collection can be found in over 100 countries across 6,800 retail locations, which include more than 2,700 concept stores devoted to the brand.
Commitment to Sustainability
Headquartered in Copenhagen, Denmark, Pandora is not only a major player in the jewelry industry but also a company committed to sustainability. Employing around 37,000 individuals globally, Pandora creates its jewelry exclusively using recycled silver and gold. The company has set ambitious sustainability goals, including a commitment to halve greenhouse gas emissions across its entire value chain by 2030. Such endeavors position Pandora not just as a jewelry brand, but as a responsible corporate citizen in today's environmentally conscious market.
Financial Performance
In recent financial reports, Pandora A/S showcased impressive performance by generating revenue of DKK 31.7 billion, which translates to approximately EUR 4.2 billion. This revenue stream underscores the brand's robust position within the global market. Its consistent growth and commitment to quality craftsmanship enable Pandora to maintain a competitive edge, catering effectively to an ever-evolving consumer landscape.
Contacting Pandora A/S
For those seeking further information about the company's initiatives, developments, or investment details, Pandora offers several points of contact:
Investor Relations
Bilal Aziz
VP, Investor Relations & Treasury
Phone: +45 3137 9486
Email: biazi@pandora.net
Corporate Communications
Johan Melchior
VP, Media Relations & Public Affairs
Phone: +45 4060 1415
Email: jome@pandora.net
Additional Investor Relations Contact
Adam Fuglsang
Director, Investor Relations
Phone: +45 6167 7425
Email: adfug@pandora.net
Frequently Asked Questions
What recent changes occurred in Pandora's shareholder structure?
Pandora A/S announced that Parvus Asset Management Europe Limited transferred its voting rights and shares to Parvus Asset Management Jersey Limited, controlling approximately 7.68% of the company's total capital.
What kind of jewelry does Pandora specialize in?
Pandora specializes in the design and crafting of accessible luxury jewelry, focusing on high-quality materials that inspire self-expression.
How is Pandora addressing sustainability?
Pandora is committed to sustainability, using only recycled silver and gold in its products and aiming to halve greenhouse gas emissions by 2030.
Where are Pandora's products sold?
Pandora's jewelry is available in over 100 countries, through 6,800 points of sale, including more than 2,700 concept stores.
What were Pandora's recent financial results?
Pandora reported revenue of DKK 31.7 billion (around EUR 4.2 billion), indicating strong performance in the jewelry market.
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