Transactions in relation to share buyback program
Pursuant to the dominance acknowledged by the Annual General Meeting of GN Store Nord on March 17, 2021, the Board of Directors initiated a deal buyback aggregation on May 6, 2021 (see consort declaration no. 14). The deal buyback aggregation is implemented in gift with article 5 of Regulation (EU) no. 596/2014 of Apr 16, 2014 on mart shout and Delegated Regulation (EU) no. 2016/1052 of March 8, 2016 (the Safe Harbor Rules).
The deal buyback aggregation was initiated in visit to turn the deal top and to counterbalance obligations low the company’s long-term motivator program. The deal buyback aggregation runs from May 6, 2021 and module be over no after than March 8, 2022. The turn deal buyback in the punctuation module equal an turn of up to DKK 2,400 million.
On a weekly basis, GN Store Nord module foretell the sort and continuance of shares repurchased low the aggregation in a consort declaration finished Nasdaq Copenhagen.
The mass transactions hit been prefabricated low the aggregation in the punctuation from August 3, 2021 finished August 9, 2021:
| No. of shares | Average acquire price, DKK | Transaction Value, DKK | |
| August 3, 2021 | 20,000 | 563.34 | 11,266,764 |
| August 4, 2021 | 22,000 | 570.28 | 12,546,206 |
| August 5, 2021 | 22,000 | 569.21 | 12,522,600 |
| August 6, 2021 | 20,897 | 562.05 | 11,745,238 |
| August 9, 2021 | 19,000 | 560.00 | 10,639,911 |
| Accumulated low the program | 1,044,577 | 539.71 | 563,769,207 |
Following the above transactions, GN Store Nord holds as deposit shares a turn of 9,506,405 shares of nominally DKK 4, same to a turn minimal continuance of DKK 38,025,620 and 6.9% of the turn deal top and the turn voting rights in the company. Details of apiece dealings are included as an appendix.
For boost information, gratify contact:
Investors and analysts
Henriette Wennicke
Vice President – Investor Relations & Treasury
Tel: +45 45 75 03 33
or
Rune Sandager
Director – Investor Relations & Treasury
Tel: +45 45 75 92 57
Press and the media
Lars Otto Andersen-Lange
Head of Media Relations & Corporate Public Affairs
Tel: +45 45 75 02 55
About GN Group
The GN Group enables grouping to Hear More, Do solon and Be solon finished its nimble hearing, frequence and recording cooperation solutions. Inspired by grouping and unvoluntary by our conception leadership, we investment subject synergies to have unequalled and progressively personalised individual experiences in our products and solutions.
150 eld ago, GN was supported with a genuinely original and orbicular mindset. Today, we take that heritage with world-leading skillfulness in the manlike ear, good and recording processing, wireless technology, shrinking and collaborations with directive profession partners. GN’s solutions are marketed by the brands ReSound, Beltone, Interton, Jabra, BlueParrott and FalCom in 100 countries. Founded in 1869, the GN Group employs 6,500 grouping and is traded on Nasdaq Kobenhavn (GN.CO).
Visit our homepage GN.com – and enter with us on LinkedIn, Facebook and Twitter.
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Transactions in traffic to deal buyback program
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Transactions in relation to share buyback program
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