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GN - GN Store Nord A/S News Story

DKK520 14.2  2.8%

Last Trade - 3:59pm

Large Cap
Market Cap £7.38bn
Enterprise Value £7.89bn
Revenue £1.71bn
Position in Universe 105th / 1836

Reduction of GN Store Nord’s share capital

Thu 15th April, 2021 8:25am
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At GN Store Nord’s annual general meeting on March 17, 2021, it was decided
to authorize the board of directors to reduce the company’s share capital by
nominally DKK 16,368,472 from nominally DKK 569,072,400 to nominally DKK
552,703,928 through the cancellation of treasury shares. In accordance with
the authorization, today the board of directors has approved the capital
reduction, and the capital reduction has been registered with the Danish
Business Authority.

Following the capital reduction, the company’s share capital amounts to
nominally DKK 552,703,928 divided into 138,175,982 shares of DKK 4 each.

As a consequence of the capital reduction, the company holds 8,299,342
treasury shares which correspond to 6.0% of the total share capital and voting

For further information, please contact:

Investors and analysts
Henriette Wennicke
Vice President – Investor Relations & Treasury
Tel: +45 45 75 03 33


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 people to Hear More, Do More and Be More through its
intelligent hearing, audio and video collaboration solutions. Inspired by
people and driven by our innovation leadership, we leverage technological
synergies between our hearing and audio divisions to deliver unique and
increasingly individualized user experiences in our products and solutions.

150 years ago, GN was founded with a truly innovative and global mindset.
Today, we honor that legacy with world-leading expertise in the human ear,
sound and video processing, wireless technology, miniaturization and
collaborations with leading technology 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 people and is listed on
Nasdaq Copenhagen (GN.CO).

Visit our homepage - and connect with us on LinkedIn
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*     Announcement 11 - Reduction of GN Store Nord’s share capital
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