SHERIDAN, WYOMING – May 8, 2025 – GN Store Nord A/S has announced a notification under Article 19 of Regulation (EU) No. 596/2014 regarding share transactions carried out by individuals in managerial roles at the company. The transaction was made by Søren Jelert, the company’s Chief Financial Officer (CFO), as part of his regular financial management activities. This report includes details on the purchase of GN Store Nord shares, shedding light on the executive’s commitment to the company and the ongoing market activity surrounding its stock.
Transaction Details
On May 2, 2025, Søren Jelert made a purchase of GN Store Nord shares through Nasdaq Copenhagen. A total of 8,200 shares were acquired in two separate transactions. The shares were purchased at an average price of DKK 90.05 per share, with individual transactions priced at DKK 90.14 and DKK 89.95 for volumes of 4,200 and 4,000 shares, respectively.
This move highlights the ongoing confidence in GN Store Nord's market position, reflecting positively on both the company’s future prospects and the executive's personal investment in its success.
Financial Overview
- Shares Purchased: 8,200
- Price per Share: DKK 90.05 (average)
- Transaction Dates: May 2, 2025
- Place of Transaction: Nasdaq Copenhagen
Company Overview
Founded in 1869, GN Store Nord is a global leader in providing innovative communication solutions that bridge gaps in hearing, audio, video, and gaming technologies. With over 150 years of industry expertise, the company has developed a robust portfolio of products marketed under the renowned brands ReSound, SteelSeries, Jabra, Beltone, Interton, BlueParrott, Danavox, and FalCom. GN's global presence spans 100 countries, and its cutting-edge solutions are driven by an ongoing passion for innovation.
The company’s strategic focus on miniaturization, wireless technologies, and strong partnerships with top-tier technology providers continues to position GN Store Nord at the forefront of its industry. As of now, the company employs 7,000 professionals worldwide and is publicly listed on Nasdaq Copenhagen (GN.CO).
Broader Industry Context
GN Store Nord's commitment to its core values of innovation and connectivity positions it as a key player in several thriving markets, including hearing aids, audio equipment, and communications technology. With a customer-centric approach, GN continues to deliver advanced technological solutions designed to enhance the user experience.
This transaction, carried out by a senior executive, underscores the alignment between the company's leadership and its long-term business goals. It also highlights the strategic importance of shareholder value and confidence, which remain central to GN Store Nord's market approach.