Recent Shareholder Update from Pandora A/S
Pandora A/S has made an important announcement concerning its major shareholder. BlackRock, Inc. has officially notified the company that it now holds a total of 7,519,559 shares, representing 9.51% of the total voting rights and share capital. This is a small increase from the previous holding of 9.5%. Furthermore, BlackRock controls additional voting rights related to financial instruments equivalent to 0.49%, unchanged from before. Therefore, their total control now reaches 10.01% of the company’s voting rights, up from 9.99%.
Overview of Pandora A/S
The World’s Leading Jewellery Brand
Pandora has established itself as the largest jewellery brand globally, specializing in designing, crafting, and marketing accessible luxury jewellery. The company prides itself on using high-quality materials to create pieces that inspire self-expression. Each jewellery item is crafted to tell a story, helping individuals communicate their personal passions and experiences through meaningful adornments.
Global Reach and Commitment to Sustainability
With its headquarters in Copenhagen, Denmark, Pandora operates in over 100 countries through approximately 6,800 points of sale, comprising more than 2,700 concept stores. Employing around 37,000 people globally, Pandora is dedicated to sustainability, exclusively utilizing recycled silver and gold in its jewellery.
Environmental Goals and Achievements
Pandora's commitment to sustainable practices is clearly defined in its core strategy. The company has set a robust goal to halve greenhouse gas emissions across its value chain by 2030. This initiative not only demonstrates their dedication to reducing environmental impact but also positions Pandora as a leader in sustainability within the jewellery industry.
Corporate Contacts for Investor Inquiries
For those seeking more information regarding this significant shareholding update or general company information, Pandora A/S provides several dedicated contacts in its Investor Relations and Corporate Communications departments:
Investor Relations Contacts
Bilal Aziz
SVP, Investor Relations & Treasury
Phone: +45 3137 9486
Email: biazi@pandora.net
Adam Fuglsang
Director, Investor Relations
Phone: +45 6167 7425
Email: adfug@pandora.net
Corporate Communications Contacts
Johan Melchior
VP, Media Relations & Public Affairs
Phone: +45 4060 1415
Email: jome@pandora.net
Frequently Asked Questions
What recent changes have occurred with BlackRock's shareholding?
BlackRock, Inc. reported an increase in their shareholding in Pandora A/S to 9.51%, along with additional voting rights, totaling 10.01%.
What is Pandora's primary focus in the jewellery industry?
Pandora specializes in creating accessible luxury jewellery designed to inspire self-expression and allow individuals to share their unique stories.
How does Pandora A/S contribute to sustainability?
Pandora is committed to sustainability by using only recycled materials and aims to significantly reduce greenhouse gas emissions by 2030.
Where is Pandora A/S headquartered?
Pandora A/S is headquartered in Copenhagen, Denmark.
Who can I contact for investor relations at Pandora?
For investor relations inquiries, you can reach out to Bilal Aziz and Adam Fuglsang at the provided email addresses and phone numbers.
