DGAP-Ad-hoc: GN Store Nord A/S / Key word(s): Bond
GN Store Nord A/S: GN Store Nord A/S utilises attractive market conditions
and launches refinancing of convertible bond, consisting of Bond with
Warrant Units
14-May-2019 / 08:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ITALY, OR ANY OTHER JURISDICTION
IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
*Announcement NO. 26, 14 May 2019*
*GN Store Nord A/S utilises attractive market conditions and launches
refinancing of convertible bond, consisting of Bond with Warrant Units*
*GN Store Nord A/S launches offering of up to EUR 330 million senior
unsecured zero coupon bonds due 2024 together with detachable warrants to
acquire ordinary shares in the capital of GN Store Nord A/S and concurrent
repurchase of any or all of the outstanding EUR 225 million Zero-Coupon
Senior Unsecured Bonds due 2022 and the Unsecured Warrants expiring 2022,
whether held on a standalone basis or as part of bonds with warrant units,
in each case issued on 31 May 2017*
The purpose of the transactions is to extend the debt maturity profile of
the Company (as defined below) and to increase the general financing base,
whilst at the same time limiting the number of underlying shares to an
amount not exceeding the number of shares underlying the 2017 Warrants (as
defined below).
GN Store Nord A/S (the "Company") today announces the launch of an offering
(the "Offering") of senior unsecured zero-coupon bonds due 2024 (the "New
Bonds") together with detachable warrants expiring 2024 (the "New
Warrants"), to be initially comprised in units each consisting of one Bond
and one Warrant (the "New Units"). The New Warrants will be exercisable into
existing registered ordinary shares ("Shares") of the Company held in
Treasury.
The net proceeds of the issue of the New Bonds and the New Warrants will be
used firstly to finance the repurchase of any or all of the outstanding EUR
225 million Zero-Coupon Senior Unsecured Bonds due 2022 (the "2017 Bonds")
and/or Unsecured Warrants expiring 2022 (the "2017 Warrants"), whether held
on a standalone basis or as part of bond with warrant units due 2022 (the
"2017 Units" and, together with the 2017 Bonds and the 2017 Warrants, the
"2017 Securities"), each issued by the Company on 31 May 2017 which may be
offered by eligible holders of the 2017 Securities during a reverse
bookbuilding process described below (the "Concurrent Repurchase"). Any
remaining proceeds will be used for general corporate purposes including the
refinancing of existing debt facilities and the repurchase of Shares.
The Company reserves the right not to proceed with the Offering and with the
Concurrent Repurchase, in particular if the Company has not received, at the
closing of the reverse bookbuilding for the Concurrent Repurchase, offers
from (i) eligible holders of the outstanding 2017 Warrants, which are held
either on a standalone basis or comprised in the 2017 Units, to sell 2017
Warrants representing 50% or more of the outstanding number of 2017
Warrants; and (ii) eligible holders of the outstanding 2017 Bonds, which are
held either on a standalone basis or comprised in the 2017 Units, to sell
2017 Bonds representing 50% or more of the outstanding number of 2017 Bonds.
_The Offering_
The Offering will have a size of up to EUR 330 million in aggregate
principal amount of New Bonds. The final size of the Offering will be
determined depending on the results of the Concurrent Repurchase. The
initial number of Shares underlying the New Warrants will be known only
after the Reference Share Price and the initial Strike Price have been set
on 16 May 2019. Indicatively, if the Reference Share Price were to be DKK
306.9 (the closing price of the Shares on 13 May 2019), the initial number
of Shares underlying the New Warrants would be up to 5.9 million. The New
Bonds and the New Warrants will initially be issued as component parts of
New Units, will have a maturity of five years and will be issued at a price
between 100% and 101.26% of the principal amount of the New Bonds, which
have a denomination of EUR 100,000 per Bond (the "Principal Amount").
Settlement and delivery are expected to take place on or around 21 May 2019.
The New Bonds will not bear any interest and will be redeemed at par at
maturity (unless redeemed or purchased and cancelled earlier under their
terms).
The New Warrants will be exercisable after 40 days following their issue and
will entitle their holders to receive Shares against payment of an amount
equal to the Principal Amount converted into DKK using the DKK/EUR spot rate
determined on 14 May 2019. The initial strike price per Share of the
Warrants (the "Strike Price") will be set in DKK at a premium between 37%
and 45% above the Reference Share Price. The "Reference Share Price" will be
the arithmetic average of the daily volume weighted average price ("VWAP")
of a Share on each dealing day from 15 May 2019 to 16 May 2019 (each
inclusive). The premium will be determined through an accelerated
bookbuilding which is expected to price later today. The Reference Share
Price and the initial Strike Price are expected to be announced on 16 May
2019. Any holder who holds a New Warrant as part of a New Unit may, upon
exercise of such New Warrant, require the Company to redeem the
corresponding New Bond comprised in such New Unit at its Principal Amount.
The Company intends to apply for the admission of the New Units to trading
on an internationally recognised stock exchange or securities market. The
New Bonds and the New Warrants are not expected to be separately listed.
In the context of the Offering, the Company has agreed to a 90-day lock-up
undertaking in respect of Shares and equity-linked securities, subject to
certain customary exceptions.
Credit Suisse is acting as Sole Global Coordinator, Sole Bookrunner and as
Lead Manager (the "Sole Global Coordinator" or the "Lead Manager") for the
Offering. BNP Paribas and Nordea are acting as co-managers (the
"Co-Managers" and together with the Lead Manager, the "Managers").
_Concurrent Repurchase of the 2017 Securities_
Concurrently with the Offering, the Sole Global Coordinator is assisting the
Company in
carrying out a reverse bookbuilding process to collect indications of
interest from
eligible holders of the 2017 Securities willing to sell their 2017
Securities to the Company pursuant to the Concurrent Repurchase. The
Company, in its sole discretion, may purchase some or all of the 2017
Securities which are offered for sale by their holders.
Holders whose 2017 Bonds (in standalone form) are repurchased by the Company
will be eligible to receive a cash consideration equal to EUR 96,829.00 per
2017 Bond (the "Bond Repurchase Price") so repurchased.
Holders whose 2017 Warrants (in standalone form) are repurchased by the
Company will be eligible to receive a cash consideration equal to the Final
Warrant Repurchase Price per 2017 Warrant so repurchased.
The Final Warrant Repurchase Price for each 2017 Warrant will be the sum of
the Base Warrant Repurchase Price and the Additional Warrant Repurchase
Price. The Base Warrant Repurchase Price will be EUR 30,796.00 per 2017
Warrant and the Additional Warrant Repurchase Price will be calculated on 16
May 2019 as follows:
(Reference Share Price - DKK 306.9) x Delta x 2017 Warrant Ratio / FX,
where "FX" means the EUR:DKK exchange rate, expressed as the number of
Danish Krone per EUR 1.00, to be determined at pricing on 14 May 2019;
"Delta" means 70% and "2017 Warrant Ratio" means 2,762.5529 Shares per 2017
Warrant. The Final Warrant Repurchase Price is expected to be announced on
16 May 2019.
Holders whose 2017 Units are repurchased by the Company will be eligible to
receive a cash consideration equal to the sum of the Bond Repurchase Price
and the Final Warrant Repurchase Price per 2017 Unit so repurchased.
Holders of any of the 2017 Securities who offer to sell their 2017
Securities in the Concurrent Repurchase may, at the Company's discretion,
have the benefit of a priority allocation in the issue of the New Units.
Following the closing of the reverse bookbuilding, the Company will publish
an announcement announcing the aggregate number of each of the 2017 Bonds
(in standalone form), the 2017 Warrants (in standalone form) and the 2017
Units accepted for purchase (if any). The Concurrent Repurchase is expected
to be settled on or around 21 May 2019 (the "Settlement Date").
If the Company accepts any offers to sell the 2017 Securities, its
obligation to purchase the relevant 2017 Securities and pay the
corresponding repurchase price pursuant to the Concurrent Repurchase shall
be conditional upon it having received the proceeds of issue of the New
Units pursuant to the Offering (the "Settlement Condition"). If the
Settlement Condition is not satisfied on or prior to the scheduled
Settlement Date, the Company, in its sole discretion, shall be entitled to
postpone settlement of the Concurrent Repurchase for no more than five days
after the scheduled Settlement Date and/or cancel the Concurrent Repurchase.
The Company reserves the right to repurchase further 2017 Securities until
the Settlement Date at a price equal to the respective repurchase price,
and/or after the Settlement Date at any price whether on or off the market.
The 2017 Securities so repurchased (if any) will be cancelled.
If, following settlement of the Concurrent Repurchase, 85 per cent. or more
of the principal amount of the 2017 Bonds and/or of the number of 2017
Warrants originally issued no longer remain outstanding, the Company
currently intends to exercise its clean up call options in accordance with
the terms and conditions of the 2017 Bonds and the 2017 Warrants,
respectively.
This announcement does not constitute an offer or invitation to subscribe
the New Bonds or the New Warrants (including as component parts of New
Units) and the Offering does not constitute a public offering in any
jurisdiction. The New Bonds and the New Warrants (comprised in the New
Units) will only be offered to institutional investors outside of the United
States in compliance with Reg S (Cat 1). Pre-emptive rights of shareholders
of the Company to subscribe for the New Units do not apply. For the purposes
of the Danish Companies Act, the New Bonds, the New Warrants and the New
Units referred to in this announcement are civil law instruments and not
instruments convertible or exercisable into new shares governed by the
Danish Companies Act.
This announcement does not constitute an invitation to participate in the
Concurrent Repurchase in any jurisdiction in which, or to any person to or
from whom, it is unlawful to make such invitation or for there to be such
participation under applicable securities laws. The distribution of this
announcement in certain jurisdictions may be restricted by law. Persons into
whose possession this announcement comes are required by the Company and the
Managers to inform themselves about and to observe any such restrictions.
_Inside information notice_
This announcement relates to the disclosure of information that qualified,
or may have qualified, as inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation (Regulation (EU) No. 596/2014)
("MAR"). For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, the person responsible for arranging the release
of this announcement on behalf of the Company is Peter Justesen, VP -
Investor Relations and Treasury.
For further information please contact:
*Investors and analysts *
Peter Justesen
VP - Investor Relations and Treasury
GN Store Nord A/S
Tel: +45 45 75 87 16
or
Rune Sandager
Senior Manager Investor Relations
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
DISCLAIMER
No action has been taken by the Company, the Managers (Credit Suisse
Securities (Europe) Limited, BNP Paribas and Nordea Bank AB (publ)) or any
of their respective affiliates that would permit an offering of the New
Bonds, the New Warrants, the New Units, the 2017 Securities or the Shares
(together, the "Securities"), the Concurrent Repurchase or possession or
distribution of this Company Announcement or any offering or publicity
material relating to the Offering, the Concurrent Repurchase or any of the
Securities (together, "Offer Materials") in any jurisdiction where action
for that purpose is required. Persons into whose possession this Company
Announcement or any other Offer Materials comes are required by the Company
and the Managers to inform themselves about, and to observe, any such
restrictions.
This Company Announcement and any other Offer Materials are not intended as
investment advice and under no circumstances are they to be used or
considered as an offer to sell, or a solicitation of an offer to buy, any
Security or 2017 Security nor a recommendation to buy or sell any Security
or 2017 Security or whether or not to participate in the Concurrent
Repurchase.
An investment in the Securities includes a significant degree of risk. Any
decision to purchase any of the Securities and/or to participate in the
Concurrent Repurchase should only be made on the basis of an independent
review by a prospective investor of the Company's publicly available
information, the terms of the Securities, the terms of the 2017 Securities
and/or the terms of the Concurrent Repurchase, as applicable. Each person
receiving this Company Announcement or any other Offer Materials should
consult his/her professional advisers to ascertain the suitability of the
Securities as an investment and/or the suitability of its participation or
otherwise in the Concurrent Repurchase. Neither the Managers nor any of
their respective affiliates accept any liability arising from the use of, or
make any representation as to the accuracy or completeness of, this Company
Announcement or any other Offer Materials or the Company's publicly
available information. The information contained in this Company
Announcement or any other Offer Materials is subject to change in its
entirety without notice up to the date of issue of the New Units.
The Managers are acting on behalf of the Company and no one else in
connection with the Securities and the Concurrent Repurchase and will not be
responsible to any other person for providing the protections afforded to
clients of the Managers or for providing advice in relation to the
Securities, the 2017 Securities or the Concurrent Repurchase.
Potential investors who are in any doubt about the contents of this Company
Announcement or any other Offer Materials should consult their stockbroker,
bank manager, solicitor, accountant or other financial adviser. It should be
remembered that the price of securities and the income from them can go down
as well as up.
THE SECURITIES MENTIONED IN THIS DOCUMENT HAVE NOT BEEN AND WILL NOT BE
REGISTERED IN THE UNITED STATES UNDER THE U.S. SECURITIES ACT OF 1933, AS
AMENDED (THE "SECURITIES ACT"), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED
STATES, ABSENT REGISTRATION OR EXEMPTION FROM REGISTRATION UNDER THE
SECURITIES ACT. THERE WILL BE NO PUBLIC OFFER OF THE SECURITIES IN THE
UNITED STATES OR IN ANY OTHER JURISDICTION. THE SECURITIES ARE BEING OFFERED
AND SOLD OUTSIDE OF THE UNITED STATES IN RELIANCE ON REGULATION S. THIS
COMPANY ANNOUNCEMENT AND THE OFFERING WHEN MADE ARE ONLY ADDRESSED TO, AND
DIRECTED IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA (THE "EEA") AT
PERSONS WHO ARE "QUALIFIED INVESTORS" WITHIN THE MEANING OF ARTICLE 2(1)(E)
OF THE PROSPECTUS DIRECTIVE ("QUALIFIED INVESTORS"). FOR THESE PURPOSES, THE
EXPRESSION "PROSPECTUS DIRECTIVE" MEANS DIRECTIVE 2003/71/EC, AS AMENDED.
*PROHIBITION OF SALES TO EEA RETAIL INVESTORS *- THE NEW BONDS, THE NEW
WARRANTS AND THE NEW UNITS ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE
MADE AVAILABLE TO AND SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE
AVAILABLE TO ANY RETAIL INVESTOR IN THE EEA WITHIN THE MEANING OF REGULATION
(EU) NO 1286/2014 (AS AMENDED, THE "*PRIIPS REGULATION*"). CONSEQUENTLY NO
KEY INFORMATION DOCUMENT UNDER THE PRIIPS REGULATION HAS BEEN PREPARED AND
THEREFORE OFFERING OR SELLING THE NEW BONDS, THE NEW WARRANTS OR THE NEW
UNITS OR OTHERWISE MAKING THEM AVAILABLE TO ANY RETAIL INVESTOR IN THE EEA
MAY BE UNLAWFUL UNDER THE PRIIPS REGULATION.
IN ADDITION, IN THE UNITED KINGDOM THIS COMPANY ANNOUNCEMENT IS BEING
DISTRIBUTED ONLY TO, AND IS DIRECTED ONLY AT, QUALIFIED INVESTORS (I) WHO
HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS FALLING
WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000
(FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (THE "ORDER") AND QUALIFIED
INVESTORS FALLING WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER, AND (II) TO
WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED (ALL SUCH PERSONS TOGETHER
BEING REFERRED TO AS "RELEVANT PERSONS"). THIS COMPANY ANNOUNCEMENT MUST NOT
BE ACTED ON OR RELIED ON (I) IN THE UNITED KINGDOM, BY PERSONS WHO ARE NOT
RELEVANT PERSONS, AND (II) IN ANY MEMBER STATE OF THE EEA OTHER THAN THE
UNITED KINGDOM, BY PERSONS WHO ARE NOT QUALIFIED INVESTORS. ANY INVESTMENT
OR INVESTMENT ACTIVITY TO WHICH THIS COMPANY ANNOUNCEMENT RELATES IS
AVAILABLE ONLY TO (A) RELEVANT PERSONS IN THE UNITED KINGDOM AND WILL BE
ENGAGED IN ONLY WITH RELEVANT PERSONS IN THE UNITED KINGDOM AND (B)
QUALIFIED INVESTORS IN MEMBER STATES OF THE EEA (OTHER THAN THE UNITED
KINGDOM).
SOLELY FOR THE PURPOSES OF THE PRODUCT GOVERNANCE REQUIREMENTS CONTAINED
WITHIN: (A) EU DIRECTIVE 2014/65/EU ON MARKETS IN FINANCIAL INSTRUMENTS, AS
AMENDED ("MIFID II"); (B) ARTICLES 9 AND 10 OF COMMISSION DELEGATED
DIRECTIVE (EU) 2017/593 SUPPLEMENTING MIFID II; AND (C) LOCAL IMPLEMENTING
MEASURES (TOGETHER, THE "MIFID II PRODUCT GOVERNANCE REQUIREMENTS"), AND
DISCLAIMING ALL AND ANY LIABILITY, WHETHER ARISING IN TORT, CONTRACT OR
OTHERWISE, WHICH ANY "MANUFACTURER" (FOR THE PURPOSES OF THE MIFID II
PRODUCT GOVERNANCE REQUIREMENTS) MAY OTHERWISE HAVE WITH RESPECT THERETO,
THE NEW BONDS, THE NEW WARRANTS AND THE NEW UNITS HAVE BEEN SUBJECT TO A
PRODUCT APPROVAL PROCESS, WHICH HAS DETERMINED THAT: (I) THE TARGET MARKET
FOR THE NEW BONDS, THE NEW WARRANTS AND THE NEW UNITS IS ELIGIBLE
COUNTERPARTIES AND PROFESSIONAL CLIENTS ONLY, EACH AS DEFINED IN MIFID II;
AND (II) ALL CHANNELS FOR DISTRIBUTION OF THE NEW BONDS, THE NEW WARRANTS
AND THE NEW UNITS TO ELIGIBLE COUNTERPARTIES AND PROFESSIONAL CLIENTS ARE
APPROPRIATE. ANY PERSON SUBSEQUENTLY OFFERING, SELLING OR RECOMMENDING THE
NEW BONDS, THE NEW WARRANTS AND THE NEW UNITS (A "DISTRIBUTOR") SHOULD TAKE
INTO CONSIDERATION THE MANUFACTURER'S TARGET MARKET ASSESSMENT; HOWEVER, A
DISTRIBUTOR SUBJECT TO MIFID II IS RESPONSIBLE FOR UNDERTAKING ITS OWN
TARGET MARKET ASSESSMENT IN RESPECT OF THE NEW BONDS, THE NEW WARRANTS AND
THE NEW UNITS (BY EITHER ADOPTING OR REFINING THE MANUFACTURER'S TARGET
MARKET ASSESSMENT) AND DETERMINING APPROPRIATE DISTRIBUTION CHANNELS.
THE TARGET MARKET ASSESSMENT IS WITHOUT PREJUDICE TO THE REQUIREMENTS OF ANY
CONTRACTUAL OR LEGAL SELLING RESTRICTIONS IN RELATION TO ANY OFFERING OF THE
NEW BONDS, THE NEW WARRANTS AND THE NEW UNITS.
FOR THE AVOIDANCE OF DOUBT, THE TARGET MARKET ASSESSMENT DOES NOT
CONSTITUTE: (A) AN ASSESSMENT OF SUITABILITY OR APPROPRIATENESS FOR THE
PURPOSES OF MIFID II; OR (B) A RECOMMENDATION TO ANY INVESTOR OR GROUP OF
INVESTORS TO INVEST IN, OR PURCHASE, OR TAKE ANY OTHER ACTION WHATSOEVER
WITH RESPECT TO THE NEW BONDS, THE NEW WARRANTS AND THE NEW UNITS.
THE CONCURRENT REPURCHASE IS NOT BEING MADE AND WILL NOT BE MADE, DIRECTLY
OR INDIRECTLY, IN OR INTO, OR BY USE OF THE MAIL OF, OR BY ANY MEANS OR
INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION,
TELEX, TELEPHONE, E-MAIL AND OTHER FORMS OF ELECTRONIC TRANSMISSION) OF
INTERSTATE OR FOREIGN COMMERCE OF, OR OF ANY FACILITIES OF A NATIONAL
SECURITIES EXCHANGE OF, THE UNITED STATES, AND THE CONCURRENT REPURCHASE MAY
NOT BE ACCEPTED BY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY FROM OR
WITHIN THE UNITED STATES OR BY PERSONS LOCATED OR RESIDENT IN THE UNITED
STATES OR BY PERSONS WHO ARE U.S. PERSONS, OR PERSONS (INCLUDING, WITHOUT
LIMITATION, AGENTS, FIDUCIARIES OR OTHER INTERMEDIARIES) ACTING FOR THE
ACCOUNT OR BENEFIT OF PERSONS LOCATED OR RESIDENT IN THE UNITED STATES OR OF
ANY U.S. PERSONS. DOCUMENTS OR MATERIALS RELATING TO THE CONCURRENT
REPURCHASE ARE NOT BEING, AND MUST NOT BE, DIRECTLY OR INDIRECTLY MAILED OR
OTHERWISE TRANSMITTED, DISTRIBUTED OR FORWARDED (INCLUDING, WITHOUT
LIMITATION, BY CUSTODIANS, NOMINEES OR TRUSTEES) IN OR INTO THE UNITED
STATES. ANY PURPORTED ACCEPTANCE OF THE CONCURRENT REPURCHASE RESULTING
DIRECTLY OR INDIRECTLY FROM OR IN VIOLATION OF THESE RESTRICTIONS WILL BE
INVALID AND IF MADE BY A PERSON LOCATED OR RESIDENT IN THE UNITED STATES OR
WHO IS A U.S. PERSON OR ANY PERSON (INCLUDING, WITHOUT LIMITATION, ANY
AGENT, FIDUCIARY OR OTHER INTERMEDIARY) ACTING FOR THE ACCOUNT OR BENEFIT OF
PERSONS LOCATED OR RESIDENT IN THE UNITED STATES OR ANY U.S. PERSON, ON A
NONDISCRETIONARY BASIS FOR A PRINCIPAL GIVING INSTRUCTIONS FROM WITHIN THE
UNITED STATES WILL BE INVALID AND WILL NOT BE ACCEPTED. FOR THESE PURPOSES,
"UNITED STATES" MEANS THE UNITED STATES OF AMERICA, ITS TERRITORIES AND
POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF
COLUMBIA.
NO ACTION HAS BEEN OR WILL BE TAKEN BY THE COMPANY, THE SOLE GLOBAL
COORDINATOR OR ANY OF THE MANAGERS THAT WOULD, TO THE BEST OF THEIR
KNOWLEDGE, PERMIT THE POSSESSION OR DISTRIBUTION OF ANY OFFERING OR
PUBLICITY MATERIAL RELATING TO THE CONCURRENT REPURCHASE IN ANY COUNTRY OR
JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. THE SOLE GLOBAL
COORDINATOR WILL ONLY DISTRIBUTE ANY MATERIALS RELATING TO THE CONCURRENT
REPURCHASE IN ANY COUNTRY OR JURISDICTION IN COMPLIANCE, TO THE BEST OF ITS
KNOWLEDGE AND BELIEF, IN ALL MATERIAL RESPECTS WITH ALL APPLICABLE
SECURITIES LAWS AND REGULATIONS IN SUCH COUNTRY OR JURISDICTION. HOLDERS OF
2017 SECURITIES WISHING TO PARTICIPATE IN THE CONCURRENT REPURCHASE AND/OR
TO SUBMIT INDICATIONS OF INTEREST MUST ONLY DO SO IN COMPLIANCE WITH ALL
APPLICABLE SECURITIES LAWS AND REGULATIONS.
14-May-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: GN Store Nord A/S
Lautrupbjerg 7
2750 Ballerup
Denmark
Phone: +45 457 50000
E-mail: investor@gn.com
Internet: www.gn.com
ISIN: DK0010272632
WKN: 854734
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 810749
End of Announcement DGAP News Service
810749 14-May-2019 CET/CEST
(END) Dow Jones Newswires
May 14, 2019 02:52 ET (06:52 GMT)
