Edition:
United Kingdom

GN Store Announces Reference Share Price And Initial Strike Price


Thursday, 16 May 2019 

May 16 (Reuters) - GN Store Nord A/S ::REG-GN STORE NORD A/S ANNOUNCES THE REFERENCE SHARE PRICE AND INITIAL STRIKE PRICE IN RESPECT OF ITS EUR 330 MILLION ZERO-COUPON CONVERTIBLE BOND OFFERING CONSISTING OF BOND WITH WARRANT UNITS.NEW WARRANTS WILL BE EXERCISABLE INTO EXISTING REGISTERED ORDINARY SHARES OF THE COMPANY HELD IN TREASURY.REFERENCE SHARE PRICE IS DKK 326.7939.INITIAL STRIKE PRICE IS DKK 473.8512.EXPECTS TO PROPOSE THAT SOME OR ALL OF THE ABOUT 1.0 MILLION EXCESS SHARES BE CANCELLED AT CO’S ANNUAL GENERAL MEETING IN 2020.