Secondary placing of shares in Pandora (DK) — DKK 4.9 billion

Carnegie acted as joint book-runner in the secondary placing of 20 million shares in Pandora at a subscription price at DKK 245 per share. The sellers were mainly funds managed by private equity firm Axcel and Pewic Holding, as well as company founders. Pandora designs, manufactures and markets hand-finished and modern jewellery made from genuine materials at affordable prices, in more than 70 countries.November 2013.