GN Store Nord A/S
Transactions in relation to share buyback program

DGAP-News: GN Store Nord A/S

2015-05-04 / 18:49

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Copenhagen, 2015-05-04 18:49 CEST (GLOBE NEWSWIRE) -- Acting under its share
buyback authorization, the GN Store Nord board of directors initiated a share
buyback program on March 20, 2015 in accordance with the provisions of the
European Commission's regulation no. 2273/2003 of December 22, 2003, also
referred to as the Safe Harbor rules (company announcement no. 20 of March 20,
2015). 

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 March 20,
2015 and ending no later than October 29, 2015, GN intends to buy back shares
for an amount of up to DKK 500 million. 

The following transactions have been made under the program in the period April
23, 2015 - May 4, 2015: 



                            No. of       Average purchase     Transaction Value,
                            shares          price, DKK               DKK        
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     April 23, 2015           18,000                  144.65           2,603,615
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     April 24, 2015           18,000                  145.02           2,610,439
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     April 27, 2015           18,000                  147.01           2,646,200
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     April 28, 2015           18,000                  146.70           2,640,535
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     April 29, 2015           20,000                  143.33           2,866,518
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     April 30, 2015           16,660                  143.32           2,387,683
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      May 4, 2015             20,000                  143.71           2,874,142
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 Accumulated under the       521,320                  148.97          77,663,141
        program                                                                 
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Following the above transactions GN owns a total of 5,136,619 own shares
corresponding to 3.2% 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
Vice President - Investor Relations & Treasury
GN Store Nord A/S
Tel: +45 45 75 02 92
News Source: NASDAQ OMX



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2015-05-04 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English            
Company:     GN Store Nord A/S  
 
 
             Denmark            
ISIN:        DK0010272632       
 
 
End of News    DGAP News-Service  
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352797 2015-05-04