Ossur Hf : Trading of Own Shares

Announcement Össur hf. No. 19/2014

Viðskipti með eigin bréf/transaction in own financial instruments

Nafn/Name:
Össur hf.

Dagsetning viðskipta/Date of transaction:
17 November 2014

Kaup eða sala/Buy or Sell:
Kaup/Buy

Tegund fjármálagernings/Type of instrument:
Equities

Fjöldi hluta/Number of shares:
9,863,578

Gengi/Verð pr. Hlut/Price:
ISK 364

Fjöldi hluta eftir viðskipti/Primary insider's holdings after the transaction:
12,106,755

Dagsetning lokauppgjörs/Date of settlement: 21 November 2014

Ástæður viðskipta/Reason for transaction:

The purpose of the share buy-back transaction is to adjust the capital structure in line with the Company's desired capital level of net interest bearing debt in accordance the Company's Dividend Policy. Accordingly, the Company intends to propose to the Annual General Meeting in 2015 to decrease the share capital as a result of this transaction.