Transactions in connection with share buyback program

1/9/2013 11:31 AM EST

GN Store Nord A/S
Changes in company's own shares

Transactions in connection with share buyback program

Copenhagen, 2013-01-09 17:31 CET (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 December 22, 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
December 28, 2012 – January 9, 2013: 



                            No. of       Average purchase     Transaction Value,
                            shares          price, DKK               DKK        
--------------------------------------------------------------------------------
December 28, 2012             36,700                   81.77           3,000,937
--------------------------------------------------------------------------------
January 2, 2013               25,000                   82.13           2,053,290
--------------------------------------------------------------------------------
January 3, 2013               45,000                   81.96           3,688,407
--------------------------------------------------------------------------------
January 4, 2013               75,000                   81.88           6,140,850
--------------------------------------------------------------------------------
January 7, 2013               45,000                   81.68           3,675,762
--------------------------------------------------------------------------------
January 8, 2013               55,000                   81.69           4,492,868
--------------------------------------------------------------------------------
January 9, 2013               50,000                   81.80           4,090,020
--------------------------------------------------------------------------------
 Accumulated under the    3,263,700            83.98             274,087,691    
        program                                                                 
--------------------------------------------------------------------------------



Following the above transactions GN owns a total of 23,405,669 own shares
corresponding to 12.1% 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, Communications, CSR & Treasury

GN Store Nord A/S

Tel: +45 45 75 02 92