2016-12-19 17:00:53 CET

2016-12-19 17:00:53 CET


REGULATED INFORMATION

English
Össur hf. - Changes in company's own shares

Ossur Hf : Transactions in relation to share buyback program 


Announcement from Össur hf. No. 101/2016
Reykjavík, 19 December 2016


On  1 December  2016, Össur  hf.  initiated  a  new  share buy-back program, see
Company announcement no. 96/2016.

The  purpose  of  the  share  buyback  program  is to reduce the Company's share
capital and adjust the capital structure by distributing capital to shareholders
in  line with the  Company's Capital Structure  and Dividend Policy. The program
will  end  no  later  than  30 November  2017. The  Company  may  purchase up to
5,000,000 shares  under the program, corresponding  to 1.2% of the current share
capital.  The total consideration  for shares purchased  under the program shall
not exceed USD 10 million (approx. DKK 70 million).

The following transactions have been made under the program in week 3, the
period 12 December 2016 - 16 December 2016:



 Date             No. of shares Avg. purchase price DKK Transaction Value DKK
-----------------------------------------------------------------------------
 12 December 2016     1,071      23.19                 24,839

 13 December 2016     5,106      23.20                118,446

 14 December 2016      384       23.02                 8,840

 15 December 2016       -          -                     -

 16 December 2016       -          -                     -
-----------------------------------------------------------------------------
 Total             6,561         23.19                152,125



Össur  has acquired 72,862 shares under the program  at the average price of DKK
23.48. Following  the  above  transactions  Össur's  holding  of  own  shares is
5,812,169 corresponding to 1.31% of the Company's total share capital.

The share buyback program on Nasdaq Copenhagen is carried out in accordance with
Regulation  No. 596/2014 of the European Parliament and of the Council on market
abuse ("MAR"), and the Commission delegated regulation No. 2016/1052.


Contact persons:
Jón Sigurðsson, President & CEO                         Tel:+354 515 1300
Sveinn Sölvason, CFO                                        Tel:+354 515 1300
Össur press releases by e-mail
If you wish to receive Össur press releases by e-mail please register at the
following web-site: http://www.ossur.com/investormailings

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