2017-07-17 18:00:30 CEST

2017-07-17 18:00:30 CEST


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. 50/2017
Reykjavík, 17 July 2017


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 33, the
period 10 July 2017 - 14 July 2017:



Date          No. of shares Avg. purchase price DKK Transaction Value DKK
-------------------------------------------------------------------------
10 July 2017       3,268      31.85                104,086

11 July 2017       8,750      31.58                276,368

12 July 2017         -          -                     -

13 July 2017      10,164      31.51                320,241

14 July 2017       5,430      31.18                169,284
-------------------------------------------------------------------------
Total          27,612         31.51                869,978




Össur  has acquired 1,777,279 shares  under the program  at the average price of
DKK  28.99 Following the  above transactions  Össur's holding  of own  shares is
7,878,754 corresponding to 1.80% 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

 About Össur Össur (NASDAQ: OSSR) is a global leader in non-invasive
 orthopedics that help people live a life without limitations. Its business is
 focused on improving people's mobility through the delivery of innovative
 technologies within the fields of braces, supports and prosthetic limbs. A
 recognized "Technology Pioneer", Össur invests significantly in research and
 product development; its award-winning designs ensuring a consistently strong
 position in the market. Successful patient and clinical outcomes are further
 empowered via Össur's educational programs and business solutions.
 Headquartered in Iceland, Össur has major operations in the Americas, Europe
 and Asia, with additional distributors worldwide. www.ossur.com

 Forward-Looking Statement This press release includes "forward-looking
 statements" which involve risks and uncertainties that could cause actual
 results to differ materially from results expressed or implied by these
 statements. Össur hf. undertakes no obligation and does not intend to update
 these forward-looking statements to reflect events or circumstances occurring
 after this press release. You are cautioned not to place undue reliance on
 these forward-looking statements, which speak only as of the date of this
 press release. All forward-looking statements are qualified in their entirety
 by this cautionary statement.








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