GN Store Nord A/S
Changes in company's own shares
Transactions in connection with share buyback program
Copenhagen, 2012-10-05 18:26 CEST (GLOBE NEWSWIRE) -- Acting under its share
buyback authorization, the GN Store Nord Board of Directors initiated a share
buyback program on August 20, 2012 in accordance with the provisions of the
European Commission’s regulation no 2273/2003 of 22 December 2003, also
referred to as the Safe Harbor rules (Company announcement no. 40 of August 20,
2012).
The share buyback program has been initiated in order to reduce the company’s
share capital. Under the share buyback program which is running from August 20,
2012 and ending no later than February 28, 2013, GN intends to buy back shares
for an amount of up to DKK 400 million.
The following transactions have been made under the program in the period
September 27 – October 5, 2012:
No. of Average purchase Transaction Value,
shares price, DKK DKK
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September 27, 2012 20,000 88.23 1,764,502
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September 28, 2012 30,000 89.77 2,693,151
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October 1, 2012 20,000 89.77 1,795,496
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October 2, 2012 26,000 90.73 2,359,027
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October 3, 2012 50,000 89.61 4,480,425
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October 4, 2012 30,000 89.48 2,684,370
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October 5, 2012 25,000 89.62 2,240,493
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Accumulated under the 1,184,000 82.74 97,960,557
program
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Following the above transactions GN owns a total of 20,905,038 own shares
corresponding to 10.8% of the company’s total share capital. Every seventh
trading day GN will announce the number and value of repurchased shares in
company announcements to NASDAQ OMX Copenhagen.
For further information, please contact:
Michael Bjergby
Director – IR, Communication & Treasury
GN Store Nord A/S
Tel: +45 45 75 02 92
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