Pandora, a Danish jewellery maker, has carried out an initial public offering in Copenhagen worth more than €1.3 billion, making it one of the biggest listings in Europe this year.
The jeweller, which is best known for its charm bracelets, was 40% owned by the Enevoldsen family before the IPO. Per and Winnie Enevoldsen founded the company in 1982.
The IPO will dilute their holdings, but family members, who includes son Christian, will continue to play a role in the running of the company.